Keppel Capital, on Dec 16, announced that it has launched Keppel Data Centre Fund II (KDC Fund II).

The fund, which follows the success of its first data centre fund, will focus on making strategic investments in the fast-growing data centre in Asia Pacific and Europe.

The fund has a targeted size of US$1 billion ($1.33 billion) and has already attracted initial capital commitments of over US$500 million at first close.

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