Twenty-one dedicated investment funds. $168.675B in investment capital.
Each fund addresses a distinct segment of data center and adjacent digital infrastructure demand, spanning the 2026 and 2028 vintages. Structured as Delaware Limited Partnerships with 20% carried interest above 8% preferred return and $5M minimum LP commitment.
2026 Vintage · 10 Investment Funds · $99.22B
The founding vintage: ten dedicated data center funds, each with purpose-built underwriting criteria, dedicated tenant relationships, and return profiles matched to that asset type. All ten target 14–18% net IRR. Value creation spans yield-on-cost capture at pre-lease execution, active power and carrier density expansion during hold, and stabilized asset contribution to the Fund X REIT vehicle.
Hyperscale & AI Compute
Develops and acquires hyperscale data centers and purpose-built AI compute facilities supporting foundation model training and inference workloads. The fund targets large-scale campus infrastructure engineered for the ex…
Explore fund →Ultra-Low-Latency & Quantum Data Center
Combines two specialized, latency- and precision-sensitive mandates: ultra-low-latency data centers serving financial services applications, and quantum-ready data center infrastructure engineered to the power quality, s…
Explore fund →Enterprise & Colocation
Develops and acquires multi-tenant colocation data centers and dedicated enterprise private cloud facilities. Colocation assets serve diversified enterprise, wholesale, and retail colocation customers, while enterprise p…
Explore fund →Government & Regulated Data Center
Develops and operates compliance-grade data center facilities serving government, defense, and healthcare tenants, built and certified to the regulated-workload standards those verticals require.…
Explore fund →Network & Interconnection
Combines carrier-neutral Internet exchange, network hub, and content delivery infrastructure with subsea cable landing station assets — the onshore infrastructure terminating submarine fiber optic cables that carry…
Explore fund →Edge Computing
Develops and acquires edge computing facilities together with modular and prefabricated data centers, serving enterprise applications requiring low-latency processing close to metropolitan population centers as well as t…
Explore fund →Data Center Development & Land
Acquires entitled land and development-ready sites for future data center campus development, and advances greenfield site development where immediate land and power availability is the binding constraint on hyperscale a…
Explore fund →Renewable-Powered Data Center
Develops and operates data center facilities powered by renewable energy sources together with dedicated data center power infrastructure, targeting hyperscale and enterprise customers with renewable energy commitments a…
Explore fund →Business Continuity
Develops and operates geographically dispersed disaster recovery and business continuity data center facilities in secondary markets at sufficient distance from primary data center locations to avoid correlated regional …
Explore fund →International & Public Markets
Combines international data center operations in select markets outside the United States with the Data Center REIT vehicle, which aggregates BlueBrick's stabilized data center asset portfolio into a publicly accessible,…
Explore fund →2028 Vintage · 11 Investment Funds · $69.45B
The second vintage pivots from asset-specific mandates to strategy-based investing across data center infrastructure and adjacent digital infrastructure — Core, Core-Plus, Value-Add, Growth, Opportunistic, and Special Situations — giving LPs risk-calibrated access points into the same underlying demand drivers. Target net IRR varies by strategy and is disclosed fund-by-fund in the Private Placement Memorandum.
Core I Fund
Acquires stabilized, income-producing data center and adjacent digital infrastructure assets with low leverage, targeting durable, long-duration cash flow from fully leased, operationally mature facilities.…
Explore fund →Core II Fund
Acquires stabilized, income-producing data center and adjacent digital infrastructure assets with low leverage, targeting durable, long-duration cash flow from fully leased, operationally mature facilities.…
Explore fund →Core III Fund
Acquires stabilized, income-producing data center and adjacent digital infrastructure assets with low leverage, targeting durable, long-duration cash flow from fully leased, operationally mature facilities.…
Explore fund →Core-Plus Fund
Acquires stabilized data center and adjacent digital infrastructure assets with light value-add potential and modest leverage, targeting a modest step-up in return over pure core income through selective operational impr…
Explore fund →Value-Add I Fund
Pursues repositioning and operational improvement of data center and adjacent digital infrastructure assets, targeting moderate risk in exchange for meaningful value creation through releasing, capacity upgrades, and ope…
Explore fund →Value-Add II Fund
Pursues repositioning and operational improvement of data center and adjacent digital infrastructure assets, targeting moderate risk in exchange for meaningful value creation through releasing, capacity upgrades, and ope…
Explore fund →Growth I Fund
Deploys growth equity into scaling data center operators and adjacent digital infrastructure platforms, backing management teams executing expansion strategies across capacity, geography, or customer base.…
Explore fund →Growth II Fund
Deploys growth equity into scaling data center operators and adjacent digital infrastructure platforms, backing management teams executing expansion strategies across capacity, geography, or customer base.…
Explore fund →Opportunistic I Fund
Pursues higher-risk data center and adjacent digital infrastructure situations, including ground-up development, distressed assets, and other high-return special situations requiring active, hands-on execution.…
Explore fund →Opportunistic II Fund
Pursues higher-risk data center and adjacent digital infrastructure situations, including ground-up development, distressed assets, and other high-return special situations requiring active, hands-on execution.…
Explore fund →Special Situations Fund
Targets complex, dislocated, and event-driven data center and adjacent digital infrastructure investments — situations arising from corporate carve-outs, capital structure dislocation, or other non-standard transac…
Explore fund →Consistent structure across the platform
Delaware LP
All 21 investment funds structured as Delaware Limited Partnerships with dedicated general partner entities.
20% Above 8% Preferred
20% carried interest above 8% compounded preferred return with 100% GP catch-up.
$5,000,000
Standard minimum LP commitment across all 21 investment funds.
Vintage & Strategy Specific
The 2026 vintage targets 14–18% net IRR. 2028 vintage targets vary by strategy, from lower-volatility Core mandates to higher-return Opportunistic and Special Situations mandates, and are disclosed fund-by-fund in the Private Placement Memorandum.
Operations Funds · 4 Vehicles · $24.096B
Four internal Operations Funds fund the embedded engineering, technology, cybersecurity, and human-capital infrastructure that runs the platform’s owned and managed data center assets across both vintages. They are not offered as investable LP vehicles.
Data Center Operations, Engineering & Human Capital
Facilities management, mechanical and electrical engineering, and specialized human capital across the 2026 assets.
View platform support →Technology Infrastructure, Cybersecurity & Facilities Management
DCIM software, technology infrastructure, cybersecurity monitoring, and 24/7 facilities coverage.
View platform support →Data Center Operations, Engineering & Human Capital
Extends operations, engineering, and specialized human capital to the 2028 vintage assets.
View platform support →Technology Infrastructure, Cybersecurity & Facilities Management
Extends technology infrastructure, cybersecurity, and facilities management to the 2028 vintage assets.
View platform support →Reserve Funds · 4 Vehicles · $48.193B
Four internal Reserve Funds hold capital for the development pipeline, critical equipment, limited-partner liquidity, and platform co-investment across both vintages. They are not offered as investable LP vehicles.
Development Pipeline & Equipment Reserve
Reserves capital for the development pipeline and critical equipment needs across the 2026 investment funds.
View platform support →LP Liquidity & Co-Investment Reserve
Reserves capital for limited partner liquidity and platform co-investment alongside the 2026 investment funds.
View platform support →Development Pipeline & Equipment Reserve
Extends development pipeline and equipment reserve capacity to the 2028 vintage investment funds.
View platform support →LP Liquidity & Co-Investment Reserve
Extends limited partner liquidity and platform co-investment reserve capacity to the 2028 vintage funds.
View platform support →