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Keppel Capital raises $295m

The Singapore-based manager has held a first close on its Asian real estate fund.

Fund name: Alpha Asia Macro Trends Fund IV
Amount raised: $295 million
Stage of fundraising: First close
First close date: October 2020

Keppel Capital has held a first close on Alpha Asia Macro Trends Fund IV on $295 million. Capital raised will be used to invest across office, business parks, logistics, hospitality, retail and residential sectors in Asia-Pacific.