NZ Super Fund to invest US$115M in North American data centres

Thu, 11 Apr 2019

By Rebecca Howard April 12 (BusinessDesk) - New Zealand's $41 billion Superannuation Fund will invest up to US$115 million in North American data centres as it seeks to capitalise on the growing demand for data infrastructure. The investment is being made alongside vehicles managed by CIM Group, a North American real estate and infrastructure owner and operator, the fund said. The investment will be operated by CIM on behalf of the NZ Super Fund and includes potential access to some of CIM’s pipeline of future data centre transactions an...

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