IBI and Ziv Sapir’s Volcano fund a short while ago completed elevating a NIS 1 billion fund for lending to US real estate firms.
A single of the hot tendencies in revenue-manufacturing serious estate is server farms, built for computing and technological innovation giants this sort of as Amazon, Microsoft, and Google. It really is a rapid-growing subject previous calendar year community company Azrieli Group recently entered it with the acquisition of a server farm company in Norway.
IBI Financial investment House is aware of the curiosity that the server farm small business is producing, and its Volcano fund, owned jointly with Ziv Sapir, who serves as the fund’s taking care of lover, has resolved to set up a new fund aimed at boosting a minimum amount of $200 million. The funds will be earmarked for acquisition of datacenters and similar tasks. The fund boosting round will get underway this August, and the fund defines its exercise as focusing on digital infrastructure that is, apart from datacenters, finance for fifth era cell networks.
Volcano is a relatively younger credit card debt fund, established up in May possibly final 12 months. It has just lately accomplished the boosting of NIS 1 billion for financial loans to big income-generating true estate companies in the US for places of work, warehouses, logistics centers, residential clusters, and server farms.
Published by Globes, Israel small business news – en.globes.co.il – on May well 26, 2022.
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