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