CapitaLand Investment raises additional S$1.3 billion third-party equity commitment for its private funds
SINGAPORE, Aug. 10, 2023 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has successfully secured about S$1.3 billion (US$950 million[1]) equity commitment from global institutional investors for three of its private funds recently, bringing its total equity raised to S$3.2 billion[2] to date this year.
- SINGAPORE, Aug. 10, 2023 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has successfully secured about S$1.3 billion (US$950 million[1]) equity commitment from global institutional investors for three of its private funds recently, bringing its total equity raised to S$3.2 billion[2] to date this year.
- This amount raised within eight months is a 28% increase compared with the S$2.5 billion of equity raised for the full year 2022.
- We will also pursue opportunities to grow our private funds across new economy and alternative asset classes," added Mr Treacy.
- As at 30 June 2023, CLI's private funds' FUM stands at S$29 billion, a 12% increase compared with the S$26 billion in 1H 2022.