Keppel Ltd has secured a $125m commitment from the Asian Infrastructure Investment Bank (AIIB) for its private credit strategy according to a report by Bloomberg, marking a further move by development finance institutions into the asset class across Asia.
AIIB has reportedly committed $75m to Keppel Private Credit Fund III and up to a further $50m for co-investment opportunities. Keppel said its third private credit fund has already deployed around $260m across sectors including infrastructure,...
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