IBI and Ziv Sapir’s Volcano fund just lately completed elevating a NIS 1 billion fund for lending to US actual property corporations.
One of many scorching tendencies in income-producing actual property is server farms, constructed for computing and expertise giants comparable to Amazon, Microsoft, and Google. It is a fast-growing discipline; final 12 months native firm Azrieli Group just lately 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 accomplice, has determined to arrange a brand new fund aimed toward elevating a minimal of $200 million. The money can 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 technology cell networks.
Volcano is a reasonably younger debt fund, arrange in Might final 12 months. It has just lately 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.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on Might 26, 2022.
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Ziv Sapir credit score: Ilan Besor