Digital Realty has completed a final close for its inaugural U.S. hyperscale data center fund, securing $3.25 billion of total equity commitments from a diverse group of global institutional investors, including public pensions, sovereign wealth funds, endowments and foundations, corporate pensions, insurance companies and asset managers, and family offices.
The fund is primarily focused on the ownership and development of hyperscale data centers across major Tier 1 U.S. metros, including Northern Virginia, Santa Clara, Dallas, Atlanta, Charlotte and New York. Digital Realty will retain a 20 percent ownership interest in the fund’s portfolio and serves as the manager of the fund, overseeing operations, leasing, asset management, development and financing to help ensure a seamless customer experience across all assets, as well as a strong alignment of interests with investors.
“We are pleased to announce the final close of our ina
