Apollo to invest $1.5B in Keppel offshore energy fund

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Go back to Apollo to invest $1.5B in Keppel offshore energy fund

Apollo and Singapore’s Keppel to Invest in New Offshore Energy Asset Fund

July 27, 2026 9:07 AM EDT

SINGAPORE and NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds and affiliates (Apollo Funds) have agreed to invest $1.5 billion into Keppel Ltd.s (SGX: BN4) Keppel Offshore Fund, LP (the Fund), that will hold a portfolio of offshore energy assets, managed by Keppel.   

Keppel is a Singapore-headquartered global asset manager and operator with strong expertise in areas of infrastructure, real estate and connectivity, overseeing S$95 billion in funds under management. The transaction, rated investment grade and one of the first of its kind in Southeast Asia,... More