Keppel Capital raises half its target for US$500m education fund

Uploaded By:  Frances Gagua Submitted By:  Frances Gagua Case Study:  No The fund has acquired a 70% stake in a school property at Chengdu, China. Keppel Capital, through its subsidiary Keppel Capital Alternative Asset, has raised more than half of its target commitments for its approximately $683.3m (US$500m) Keppel Education Asset Fund, the company said in a local bourse filing. The fund intends to partner with established school operators to invest in private education-related real estate in the Asia Pacific region. read more