Affinius Capital has held a first close for its first formal commingled hyperscale data center–focused fund, raising $630 million.
The firm declined to comment on its fundraising efforts.
Launched in late 2025, the fund has a $1 billion fundraising target, with an estimated final close scheduled for mid-year 2026.
Affinius Capital has a $15 billion development pipeline and plans to invest the fund’s capital in preidentified data center campus developments, providing power and entitlements.
