Keppel secures US$600m separately managed accounts

The SMAs are focused on global infrastructure projects.

Keppel Capital Holdings Pte. Ltd., through its wholly-owned subsidiaries, secured a total of US$600m of separately managed accounts (SMAs) from international financial institutions.

These accounts are focused on global infrastructure projects “with long-term utility-like contracted cash flows,” Keppel Capital CEO Christina Tan said.

Securing the SMAs is a testament to Keppel’s value proposition of creating attractive investment opportunities.

“The recent volatility in the global markets underscore the demand for real assets with long term stable cash flows. By leveraging the Keppel Group’s collective strengths, expertise and network in renewables, decarbonisation solutions, energy and infrastructure, which are Keppel’s focus areas under the Group’s Vision 2030, we provide investors bespoke access to these sectors,” Tan said.

“In addition, Keppel Capital is well-positioned to collaborate and harness synergies from other members of the Keppel Group, not only its fund management capabilities and investor network from sister entities such as Keppel Asia Infrastructure Fund and Keppel Infrastructure Fund Management, but also the project development and asset management capabilities of the wider Keppel Group,” she added.

Keppel said these developments are not expected to have any material impact on the earnings per share and net tangible asset per share of Keppel Corporation Limited for the current financial year.