IPI Partners closed its IPI Partners II fund at $3.8 billion this month, as demand for its data center-focused investment platform soared.
Co-sponsored by ICONIQ Capital and an affiliate of Iron Point Partners, IPI has been able to raise $5.25 billion in total equity capital commitments since its 2016 inception. Officials point to strong support from a global institutional investor base.
“Fundraising for IPI II has been a resounding success, and we are extremely grateful that our recent achievements and established market presence have earned the trust and confidence of a . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.