Cloud Capital, a data center investment management firm, has held a first closing for its Cloud Capital Fund II with approximately 50 percent of the closed-end fund’s total target size.
“We are thrilled with the success of our closed-end fund,” said Vivian Tongalson, Cloud Capital’s head of investor relations & capital formation, Americas. “Completing the first close approximately two months after launch highlights the significant interest in this unique and attractive investment opportunity. The introduction of the closed-end fund reflects our strategic vision to provide investors with a diverse suite of investment product offerings, leveraging our ability to source proprietary, de-risked and compelling data center investments globally. Institutional investors will gain access to an investment strategy focusing on acquiring and developing a portfolio of data center assets anchored by one of Cloud Capital’s high-quality tenant relationships, which the fi
