Cloud Capital, a global data center investment management firm, announced the final close of Cloud Capital Fund II, an opportunistic closed-end investment vehicle focused on acquiring and developing high-quality data centers across the United States. Financial terms were not disclosed; however, Cloud Capital shared that the fund was oversubscribed.
The fund attracted a diverse group of institutional limited partners, including U.S. public and corporate pension funds, asset management firms and family offices across North America, Europe, the Middle East and Asia Pacific.
Cloud Capital Fund II focuses on acquiring and developing strategically located data center assets across the United States that support hyperscale and artificial intelligence (AI)–driven workloads. The fund provides investors with access to opportunistic, derisked tenant-led data center investments, while complementing Cloud Capital’s wide range of product offerings.
“As demand for digita
