Ares Management Corp. has held a final close for its Japan DC Partners I LP (JDC I), marking Ares’ first vehicle dedicated to data center investment and development. With approximately $2.4 billion in total equity commitments, the fund positions Ares to be one of the largest data center investors in Japan with significant capital to meet the rapidly growing demand from cloud and artificial intelligence applications, according to the release.
JDC I will invest in the development of three data center campuses in Greater Tokyo, one of the world’s largest data center hubs. The campuses are expected to collectively deliver nearly 240 megawatts of IT load. These development assets will incorporate strong sustainability standards, including renewable-enabled power sourcing and cooling systems aligned with leading water efficiency protocols.
The fund’s campuses will be developed and operated by Ada Infrastructure, a global data center platform acquired by Ares as part of
