GEM Realty Capital has announced its equity investment in Aligned Data Centers will be purchased as part of the $40 billion acquisition by a consortium consisting of Artificial Intelligence Infrastructure Partnership (AIP), MGX Fund Management and Global Infrastructure Partners, a part of BlackRock.
GEM invested in Aligned in January 2025 through its GEM Realty Tactical Opportunities (GRTO) strategy, which targets noncontrolling, illiquid stakes in real estate industry aggregators and disruptors. GRTO focuses on sectors benefiting from structural tailwinds and secular growth trends, including digital infrastructure.
“This transaction represents a tremendous outcome for GEM and our investors,” said Brad Caldwell, co-CIO, public markets, at GEM. “We identified Aligned as a highly desirable operator in a rapidly growing sector, and we
