The fund is expected to have assets under management (AUM) of up to US$2.5 billion when fully leveraged and invested.
Keppel Capital Holdings’ Alpha Asia Macro Trends Fund IV (AAMTF IV) has achieved its first closing of US$295 million ($400.4 million) including co-investment on Oct 21.
The fund, which was launched through Keppel Capital’s private fund management arm, Alpha Investment Partners Limited, has a target fund size of US$1 billion.
