Singapore: Seraya Partners reaches goal of $800 million APAC funding

Dec 14, 2023 | Posted by Abdul-Rahman Oladimeji

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind, and energy storage company Astrid Renew.

James Chern, managing partner and CIO of Seraya Partners, “Asia’s rapidly expanding cities, intensifying climate change, and aging infrastructure have created a pressing need to address the region’s burgeoning trillion-dollar infrastructure gap. Energy transition and digital infrastructure will be the twin engines to bridge this gap and lead us toward net-zero ambitions. We are deeply grateful for the support and confidence our investors have placed in us to address the infrastructure gap. We are committed to creating value for our investors while building a more sustainable future for Asia."

 Dong-ik Lee, AIIB director general banking department (Region 1) added, “AIIB’s investment in Seraya Partners shows its commitment to support Asian infrastructure asset managers. It is well-aligned with AIIB's mission of financing infrastructure for tomorrow. This investment demonstrates AIIB’s commitment to reducing bottlenecks in the infrastructure supply chain through innovative technologies such as offshore wind farm vessels.”