Singapore's Seraya Partners closes $800m infrastructure fund

BlackRock-backed fund to invest in Asian data centers, clean energy

20231212 Business district in Singapore in Nov.

Limited partners in Seraya Partners' first fund include the Asian Infrastructure Investment Bank, Alberta Investment Management and BlackRock funds and accounts. (Photo by Hiroki Endo)

TSUBASA SURUGA, Nikkei staff writer

December 12, 2023 17:47 JST

SINGAPORE -- Singapore-based private equity firm Seraya Partners has raised $800 million for its first fund, the company announced Tuesday, targeting new infrastructure across Asian markets with a focus on the green energy transition and data centers.

Its first fund, which was oversubscribed and exceeded its $750 million target, raised capital from institutional investors, including sovereign wealth funds, pension funds, insurers and family offices in North America, Europe and the Asia-Pacific.