‍Hello, net zero! Singapore’s Seraya Partners, an Asia-focused private equity firm, just completed the close of its first fund at $800M. It surpassed their initial $750M target. 

They target the digital infrastructure and energy transition sectors within APAC and SEA. 

• Oh, and 50% of the funds are already allocated to Empyrion DC, Cyan Renewables, and Astrid Renew.

LP check. Their fund has commitments from global institutional investors, including Asian Infrastructure Investment Bank, Alberta Investment Management Company, and funds and accounts managed by Blackrock. 

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🌲Green, green, green

Here’s more information on the three platforms the infrastructure-focused fund invested in: 

Empyrion DC (Singapore). This firm develops and operates data centers in key Asian cities and claims to use renewable energy to power its data centers. 

Cyan Renewables (Singapore). They help companies install and operate offshore wind farms using their portfolio of specialized vessels, which they lease to firms. 

• Offshore wind farms produce clean energy by converting the force of winds at sea into power.
• They aim to own and operate a $1B portfolio of vessels by the end of 2025. 

Astrid Renew (Singapore). They provide solar, wind, and energy storage solutions to multinational companies transitioning from conventional energy to green renewables. 

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🎐 What’s next? 

Seraya will support their existing portfolio companies and identify new investment opportunities.