Strategic Capital Fund Management has announced the formation of a data center investment platform, Strategic Datasphere.
Datasphere will be focused on the acquisition, development and management of fully and partially stabilized data center facilities, including through sale-leaseback transactions with leading technology, communications, cloud, enterprise and public sector tenants. Datasphere will seek to deploy capital strategically across North America and Europe to develop a diversified portfolio of high-quality assets and tenants.
It will be led by Bryan Marsh, a vice president and portfolio manager formerly with Digital Realty Trust, and head of data centers at Strategic Capital, and certain funds and accounts managed by a large, global institutional fixed-income manager.
Datasphere has received initial commitments of up to $500 million of equity capital from its U.S. based investment partner, which is expected to support more than $1.5 billion of data cen
