Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTKristie NeoWed, July 15, 2026 at 9:32 PM GMT+2 4 min readInfrastructure in Asia tends to be a playground for the big boys: Macquarie, BlackRock, Brookfield Asset Management and sovereign wealth funds. Seraya Partners is banking on growing investor appetite for small companies that could, with time and effort, become coveted by household names in the market.Last week, the Singapore-based investment firm, founded by brothers James and Ivan Chern, announced it was investing up to $500 million of equity in Faraday Energy, a new energy infrastructure business established in partnership with Schneider Electric.Faraday will develop, finance, own and operate energy generation and decarbonization technology for commercial and industrial facilities, power and grid infrastructure operators and data centers.The deal is a good example of the strategy Seraya has promoted since its founding in 2021: buying and building platforms from scratch.Seraya's tickets go as low as $50 million, from which it hires, assembles and scales the operations of a business until it reaches $2 billion to $3 billion in enterprise value. The eventual aim is to exit to the same bulge-bracket PE firms.The first few years have been a steep learning curve for Seraya, whose founders cut their teeth at infrastructure investment firms including I Squared Capital, Morgan Stanley Infrastructure Partners and RRJ Capital.The relative nascency of Asia's infrastructure market means few experienced managers have branched out to launch an independent fund. Most global LPs do not have a clear thesis for Asian infrastructure because so few such funds exist, Seraya managing director for investments Khan Yow told PitchBook."For a lot of LPs, the default is to put capital into a global fund and let that manager determine the Asia allocation as part of their broader strategy, which means LPs don't necessarily get direct Asia exposure," Yow said. "So the first hurdle is often: Should they commit to a dedicated Asia infrastructure strategy at all?"Seraya's fund also exposes LPs to greenfield risk. This could take the form of project delays, permit hurdles or uneven demand when developing and building new platforms from the ground up.Seraya's digital infrastructure and energy transition thesis has nevertheless benefited from several macroeconomic tailwinds. The US-China race for AI supremacy is driving greater demand for compute across Southeast and North Asia. At the same time, the impasse along the Strait of Hormuz has added urgency to build greater energy resilience across renewables, batteries and grids in Asia.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info