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Pennsylvania State Employees commits $100m to IPI Partners Fund III
Investors - JULY 2, 2024

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Pennsylvania State Employees commits $100m to IPI Partners Fund III

by Lewis Dayton

The Pennsylvania State Employees’ Retirement System (PennSERS) has committed $100 million to IPI Partners III, a recent news release from PennSERS shows.

IPI Partners Fund III is a closed-end commingled fund that is specifically investing in data centers around the globe. The fund is seeking to raise $4 billion to acquire, develop, lease and operate data centers and related assets that serve the digital capacity needs of large, high-quality technology companies globally.

The fund is targeting a mixture of stabilized assets, as well as some build-to-suit development projects primarily in the United States.

For more information about this commitment or other funds, please visit our IREI.Q database.

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