GI Partners has completed a final closing of its inaugural Data Infrastructure Fund with $1.8 billion in capital commitments. The fund was oversubscribed and surpassed its initial equity commitments target of $1.25 billion.
The GI Data Infrastructure Fund will invest in hard asset infrastructure companies and properties underpinning the digital economy. The vehicle will invest across four data infrastructure subsectors — data centers, data transport, wireless access and tech-enabled infrastructure — primarily in North America.
“Technology and communications are the largest and fastest growing drivers of the global economy, and the infrastructure that supports these sectors is critical to the operation of every business, government and household in the developed world,” said Steve Smith, a managing director of GI Partners. “The disruption we have all experienced in 2020 due to the global pandemic has only served to underline the importance of data infrastructu
