IBI raising $200m digital infrastructure fund

A person of the sizzling developments in revenue-creating true estate is server farms, designed for computing and technology giants this kind of as Amazon, Microsoft, and Google. It is really a quickly-developing industry past calendar year neighborhood enterprise Azrieli Group recently entered it with the acquisition of a server farm corporation in Norway.

&#13

IBI Expense Dwelling is informed of the fascination that the server farm company is building, and its Volcano fund, owned jointly with Ziv Sapir, who serves as the fund’s taking care of spouse, has made the decision to set up a new fund aimed at boosting a least of $200 million. The cash will be earmarked for acquisition of datacenters and equivalent tasks. The fund elevating round will get underway this August, and the fund defines its exercise as concentrating on digital infrastructure that is, aside from datacenters, finance for fifth technology cellular networks.

&#13

Volcano is a relatively young credit card debt fund, set up in May perhaps very last yr. It has not long ago completed the raising of NIS 1 billion for financial loans to large income-making serious estate firms in the US for workplaces, warehouses, logistics centers, household clusters, and server farms.

&#13

Published by Globes, Israel small business information – en.globes.co.il – on Might 26, 2022.

&#13

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

&#13
&#13