Keppel (SGX:BN4) surpassed its end-2026 interim target of SG$100 billion in funds under management after adding about SG$13.5 billion across its private infrastructure, real estate and connectivity funds year to date.

The increase was supported by SG$7.8 billion in new capital commitments from global limited partners across several funds and investment mandates, according to a Tuesday Singapore Exchange filing.

Keppel said its private infrastructure strategies have also secured SG$7.7 billion of equity commitments, supporting an acquisition pipeline exceeding SG$22 billion.

The company said the developments are not expected to have a material impact on its earnings per share or net tangible assets per share for the current financial year.