Hong Kong's ESR makes $1b first close of inaugural data centre fund

Hong Kong's ESR makes $1b first close of inaugural data centre fund

ESR data centre in Osaka, Japan.

Hong Kong-based ESR Group Limited has announced the first close of its inaugural vehicle, Data Centre Fund 1 (ESR DC Fund 1), which has so far gathered over $1 billion in equity commitments.

The fund, which is dedicated to the development of ESR’s growing data centre business, received commitments from the world’s largest institutional investors, including sovereign wealth and pension funds, according to the announcement.

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