Pierfront Capital Fund Management Pte. Ltd. (Pierfront Capital) has announced the final close of the Keppel-Pierfront Private Credit Fund with US$700 million of investable capital raised from global institutional investors. 

The Fund's investors are the following global institutional investors: Alberta Investment Management Corporation, the Asian Infrastructure Investment Bank, GCM Grosvenor and Manulife and Affin Hwang Asset Management. Keppel-Pierfront Private Credit Fund is a second debt fund managed by Pierfront Capital. The Fund aims to lend to real asset initiatives across the Asia Pacific including infrastructure, real estate, energy, and offshore marine. Investments in the Fund from Clifford Capital Holdings and Keppel Capital amount to US$100 million each. 

Pierfront Capital offers junior debt, mezzanine and structured financing solutions in capital-intensive businesses across a wide range of sectors including energy, transportation, telecommunications and logistics. Keppel Capìtal is the asset management division of the Keppel Group that creates, operates and manages a broad spectrum of real quality assets, from energy and infrastructure to real estate to alternative asset classes.