IPI Partners raises $3.8 billion with second infrastructure fund
Getty Images/iStockphoto
IPI Partners, a joint venture of ICONIQ Capital and Iron Point Partners, held a final close of its second infrastructure fund, IPI Partners II, at $3.8 billion, a spokeswoman confirmed.
The fund acquires, develops, leases and operates data centers.
Investors in the fund include the $40 billion Connecticut Retirement Plans & Trust Funds, Hartford; the $24 billion Louisiana Teachers' Retirement System, Baton Rouge; the $9.5 billion Rhode Island Employees' Retirement System, Providence; and the $27.4 billion New Mexico State Investment Council, Santa Fe; and the $1.4 billion University of Alabama System, Tuscaloosa, Ala.
Related Articles