UAE sovereign ADIA and SC Capital sets a $2 billion data centre investment strategy
November 24, 2022
The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has partnered with Singapore’s SC Capital Partners (SCCP), a private equity real-estate firm, to set up a data centre investment strategy that could reach $2 billion in equity. The programme targets data centre investments across the Asia Pacific region with a focus on Japan, South Korea, Singapore and Australia, SC Capital said on Wednesday in a release. ADIA is also investing in SC Capital’s pan-Asian opportunistic investment strategy fund, according to a statement.
Read the original article in Zawya: UAE sovereign ADIA sets $2 billion data centre investment strategy with SC Capital