Cloud Capital, a global investment management firm specializing in data centers, has completed the final close of its second opportunistic closed-end fund, raising more capital than initially targeted. The oversubscription reflects strong investor confidence in the firm’s expertise, long-standing tenant relationships, and ability to source exclusive opportunities in the data center sector.
Fund II is focused on acquiring and developing strategically located U.S. data center assets designed to support hyperscale and AI-driven workloads. The strategy centers on tenant-led, de-risked investments that align with the growing demand for digital infrastructure, while complementing Cloud Capital’s broader portfolio of investment products.
A significant portion of the fund’s committed capital has already been deployed across multiple transactions, including assets serving the network needs of a major hyperscale client. These early investments demonstrate the firm’s capacity to identify and execute off-market deals that meet both operational and strategic objectives.
The fund attracted a diverse group of institutional limited partners, including public and corporate pension funds, asset managers, and family offices from North America, Europe, the Middle East, and the Asia-Pacific region. The mix of returning and new investors underscores the global appetite for exposure to data center assets and Cloud Capital’s differentiated approach to the market.
With Fund II now fully closed, Cloud Capital plans to continue leveraging its market access, disciplined execution, and hands-on asset management to deliver value for investors. The firm remains committed to expanding its suite of investment offerings while capitalizing on the accelerating demand for secure, scalable, and strategically located digital infrastructure.
KEY QUOTES:
“As demand for digital infrastructure continues to accelerate, Cloud Capital’s differentiated investment strategy, long-standing experience, access to off market deal flow and tenant relationships is paramount. We remain deeply focused on generating value for our investors through disciplined execution and hands-on approach to value creation.”
Shariar Mohajer, Cloud Capital’s President and Chief Investment Officer
“We are honored to have earned the trust of our global institutional investor base and are proud to have successfully held our final close for Fund II. The Fund’s final close is a testament to our strong relationships with new and existing limited partners, experienced team, and proprietary sourcing capabilities.”
“We would like to thank our limited partners for their continued support and look forward to building on our partnership. Cloud Capital continues to see strong deal flow and we remain committed to providing investors access to differentiated investment opportunities across the risk spectrum while broadening our suite of product offerings.”
Vivian Tongalson, Head of Investor Relations & Capital Formation, Americas at Cloud Capital
