LA Fire and Police invests USD 40 million in Principal data centre fund

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

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.

Share this update