Global Infrastructure SherpaAIIB Follow-on Investment in Keppel Private Credit Fund III
AIIB will invest USD75.5 million in Keppel Private Credit Fund III (KPCF III), with a co-investment sleeve of up to USD50 million, reinforcing its partnership with Keppel. KPCF III, a successor to Keppel-Pierfront Private Credit Fund (KPPCF), aims to provide direct debt financing to mid-cap infrastructure companies in the Asia-Pacific region. The fund seeks to address the region’s infrastructure financing gap and strengthen the private credit market, supporting growth and climate solutions. AIIB's investment underscores its commitment to working with Keppel in advancing the Asia-Pacific region’s transition towards a sustainable and low-carbon future.
Source Intelligence
AIIB signed a strategic partnership agreement with Keppel in June 2025 to facilitate and mobilize up to USD1.5 billion in sustainable infrastructure investments across the Asia-Pacific region. Quote: AIIB signed a strategic partnership agreement with Keppel in June 2025 during the Bank’s 10 th Annual Meeting in Beijing to facilitate and mobilize up to USD1.5 billion in sustainable infrastructure investments across the Asia-Pacific region.
"The Asian Infrastructure Investment Bank (AIIB) will invest USD75.5 million in the Keppel Private Credit Fund III (KPCF III), together with a co-investment sleeve of up to USD50 million, reinforcing its strategic partnership with Keppel."
"AIIB will invest USD75.5 million in the Keppel Private Credit Fund III (KPCF III), together with a co-investment sleeve of up to USD50 million, reinforcing its strategic partnership with Keppel."