Silicon Valley Billionaires’ Wealth Manager Enters Data Center Market

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wake

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Silicon Valley Billionaires’ Wealth Manager Enters Data Center Market

posted on Sep 09, 2016 03:07PM

Interesting.

http://www.datacenterknowledge.com/archives/2016/09/09/silicon-valley-billionaires-wealth-manager-enters-data-center-market/

Iconiq Capital, the investment management firm whose clients include the likes of Facebook founder Mark Zuckerberg, LinkedIn chairman Reid Hoffman, and Napster co-founder Sean Parker, has registered a subsidiary that will focus squarely on investing in data center assets.

Called Iconiq DC Management, the company plans to pool client money into private funds that will go after opportunities to invest into data center properties directly, enter joint ventures, buy securities and entities that own or invest in data centers, make debt and equity investments in companies that provide data center-related services, and sponsor investment in data center REITs."

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