People - AUGUST 13, 2019

GI Partners hires John Sheputis as managing director

by Released

GI Partners, a leading private investment firm, has appointed John Sheputis, former president of Infomart Data Centers and co-founder and chief executive officer of Fortune Data Centers, has joined the firm as a managing director.

Sheputis will lead GI Partners’ technology real estate acquisition and development activities, adding considerable experience to GI Partners’ extensive footprint in technology advantaged real estate assets and operating businesses.

“John’s proven track record in successfully managing the acquisition, capitalization, development, leasing, and operation of over 2 million square feet of data center properties in multiple U.S. markets will greatly enhance GI Partners’ continued growth of its technology real estate platforms,” said Rick Magnuson, executive managing director of GI Partners. “We welcome him to our firm and look forward to benefiting from his knowledge and industry affiliations.”

In 2007, Sheputis helped establish the wholesale data center segment in Silicon Valley with the founding of Fortune Data Centers. Fortune was widely recognized as an industry leader in efficiency, reliability, innovation and safety. Through Fortune’s growth, he oversaw the investment of hundreds of millions of dollars of development capital and executed substantial leases with major tenants.

In 2014, the Fortune properties and team were merged with the Dallas Infomart to create Infomart Data Centers. In 2018, the Infomart Data Center properties were acquired by Equinix and Stack Infrastructure in two separate transactions.

Prior to Fortune, Sheputis founded and managed several Silicon Valley ventures, including roles as co-founder and COO of Totality, EVP of operations at Solidcore, and SVP of sales for BeVocal. He holds dual master’s degrees from Northwestern’s JL Kellogg School of Business and the McCormick School of Engineering, and a BS in Electrical and Computer Engineering from the University of Texas at Austin.

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