Keppel’s flagship infrastructure fund, Keppel Infrastructure Fund (KIF), and its co-investor have acquired a 100 percent stake in Global Marine Group (GMG) from investment affiliates of J.F. Lehman & Co.
Headquartered in the United Kingdom, GMG is one of the world’s largest independent subsea cable solutions providers. The company operates a fleet of six vessels providing mission-critical maintenance and installation services for the global subsea fiber-optic cable network. GMG has a strong track record of contract renewals, having developed trusted long-term relationships with top-tier customers, including telcos, hyperscalers and global equipment suppliers.
KIF is Keppel’s private investment vehicle that provides growth capital to operating businesses and stand-alone projects in the infrastructure space. The fund applies value-added investment strategies to its portfolio companies. KIF focuses on key sectoral themes based on Keppel’s expertise, including
