Swiss private investment company Partners Group Holding AG is investing up to $1.2bn in U.S. data center operator EdgeCore Digital Infrastructure, the private equity firm told Reuters.
Partners Group, which will be present at the Swiss Private Equity Conference, will use the fund to acquire a majority stake in EdgeCore and help it build out new data center sites across the United States, the latest of Partners’ investment in data center assets.
Backed by over $800 million of equity from Singapore’s sovereign wealth fund GIC, Canada’s OPTrust pension fund and Mount Elbert Capital Partners, Edgecore says it has been serving large tech companies since its launch in 2018.
Founded in 1996, Partners Group manages $119 billion across private equity, real estate, infrastructure, credit and secondaries globally. The infrastructure arm that invests in EdgeCore has $21 billion in assets under management.
Read more: Yahoo Finance
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