IBI and Ziv Sapir’s Volcano fund not too long ago completed elevating a NIS 1 billion fund for lending to US actual property corporations.
One of many sizzling developments in income-producing actual property is server farms, constructed for computing and know-how giants equivalent to Amazon, Microsoft, and Google. It is a fast-growing area; final 12 months native firm Azrieli Group not too long ago entered it with the acquisition of a server farm firm in Norway.
IBI Funding Home is conscious of the curiosity that the server farm enterprise is producing, and its Volcano fund, owned collectively with Ziv Sapir, who serves because the fund’s managing companion, has determined to arrange a brand new fund aimed toward elevating a minimal of $200 million. The money might be earmarked for acquisition of datacenters and comparable tasks. The fund elevating spherical will get underway this August, and the fund defines its exercise as specializing in digital infrastructure; that’s, aside from datacenters, finance for fifth era cell networks.
Volcano is a reasonably younger debt fund, arrange in Might final 12 months. It has not too long ago accomplished the elevating of NIS 1 billion for loans to giant income-producing actual property corporations within the US for workplaces, warehouses, logistics facilities, residential clusters, and server farms.
Printed by Globes, Israel enterprise information – en.globes.co.il – on Might 26, 2022.
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Ziv Sapir credit score: Ilan Besor