LA Fire and Police invests USD 40 million in Principal data centre fund
Los Angeles Fire and Police Pensions has closed a US$40 million commitment to a data center fund managed by Principal Asset Management.
The Growth & Income Fund is currently raising capital, but the target amount is still being determined. The fund will invest in existing data center assets and build a diversified portfolio across the USA. The fund's investment focus e.g., regional data centers, specific technology companies, hyperscale facilities.
Country updates
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January 17, 2024
Consultant sought for Fixed-Route to Microtransit System Conversion in Texas
The City of Abilene has sought proposals from qualified consulting firms to conduct consulting services for strategic evaluation of fixed-route to microtransit system conversion in Abilene City,...
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January 17, 2024
Agreement announced to acquire Actis by General Atlantic
General Atlantic, a global growth investor, and Actis, a global investor in sustainable infrastructure, have announced that the firms have entered into a definitive agreement under which General Atlan...
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January 12, 2024
Planning and Environmental Study Service Contract Awarded for Vermont Bus Rapid Transit
The Los Angeles County Transportation Authority (LA Metro) has awarded the Vermont Transit Corridor Planning and Environmental Study to the Vermont Corridor Partners (VCP), an AECOM-led joint venture...
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January 10, 2024
Acquisition completed of Logistec Corporation by Blue Wolf Capital Partners
Blue Wolf Capital Partners LLC, a middle-market private equity firm specializing in the industrial and healthcare sectors, has completed its acquisition of Montreal-based LOGISTEC Corporation. Stonep...
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January 08, 2024
Agreement announced for BlackRock to acquire Global Infrastructure Partners
BlackRock, Inc. and Global Infrastructure Partners (GIP) have jointly announced that they have agreed for BlackRock to acquire GIP for a total consideration of US$3 billion of cash and approximately 1...
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