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Pennsylvania State Employees Commit 0 Million to IPI Partners Fund III | News

Pennsylvania State Employees Commit $100 Million to IPI Partners Fund III | News

Pennsylvania State Employees Commit 0 Million to IPI Partners Fund III | News

The Pennsylvania State Employees Retirement System (Penn SERS) has committed $100 million to IPI Partners III, a recent Penn SERS press release shows.

IPI Partners Fund III is a closed-end blended fund that invests specifically in data centers around the world. The fund seeks to raise $4 billion to acquire, develop, lease and operate data centers and related assets that meet the digital capacity needs of large, high-quality technology companies globally.

The fund targets a mix of stabilized assets as well as some build-to-suit development projects primarily in the United States.

For more information on this commitment or other funds, please visit our IREI.Q database.