Saturday, September 6, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Leadership

Singapore’s GLP closes first digital infrastructure fund at US$358 million in AUM

by Yurie Miyazawa
in Leadership
Singapore’s GLP closes first digital infrastructure fund at US8 million in AUM
Share on FacebookShare on Twitter


[SINGAPORE] Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with assets under management of US$357.76 million, the investment manager said on Tuesday (Apr 1).

The fund, supported by a consortium of prominent domestic and international institutional investors, will take over a data centre in the Greater Beijing region from the investment firm, company said.

The data centre is operational, environmentally sustainable and is fully rented to a prominent e-commerce firm, it added.

The move comes as a surge in artificial intelligence, cloud services and other high-end technology has driven up demand for data centres across the globe.

Multiple US government agencies have projected that data centre demand will likely triple within the next three years, consuming 12 per cent of the entire US power supply.

GLP, founded in 2009, is a business builder and investment manager, and through its subsidiary GLP Capital Partners, it manages more than US$80 billion of assets, according to its website. REUTERS

Share with us your feedback on BT’s products and services

Tags: AUMClosesDigitalFundGLPinfrastructureMillionSingaporesUS358
Yurie Miyazawa

Yurie Miyazawa

Next Post
Temasek-backed 65 Equity Partners, Inflexion to make minority investment in Kee Safety

Temasek-backed 65 Equity Partners, Inflexion to make minority investment in Kee Safety

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In