GI Partners Closes Oversubscribed Inaugural Data Infrastructure Fund At $1.8 Billion in Commitments

GI Partners, a leading private investment firm, today announced the final closing of its inaugural Data Infrastructure Fund, which totaled $1.8 billion in commitments from a broad group of investors.  The fund was oversubscribed and surpassed its initial target of $1.25 billion. The GI Data Infrastructure Fund continues the firm's 20-year history of control-oriented investing in hard asset infrastructure companies and properties underpinning the digital economy.  The Fund will invest across four data infrastructure subsectors data centers, data transport, wireless access, and tech-enabled infrastructure, primarily in North America.  The team, which works closely with the firm's private equity and real estate teams and leverages the firm's broad resources, is led by Steve Smith, who was previously CEO of Equinix (the world's largest data center company), and Mark Prybutok, an experienced data infrastructure investor.