IBI and Ziv Sapir’s Volcano fund not too long ago completed elevating a NIS 1 billion fund for lending to US actual property corporations.
One of many sizzling traits in income-producing actual property is server farms, constructed for computing and know-how giants comparable to Amazon, Microsoft, and Google. It is a fast-growing discipline; final 12 months native firm Azrieli Group not too long ago 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 geared toward elevating a minimal of $200 million. The money will likely be earmarked for acquisition of datacenters and related tasks. The fund elevating spherical will get underway this August, and the fund defines its exercise as specializing in digital infrastructure; that’s, other than datacenters, finance for fifth technology cellular networks.
Volcano is a reasonably younger debt fund, arrange in Could final 12 months. It has not too long ago accomplished the elevating of NIS 1 billion for loans to massive income-producing actual property corporations within the US for workplaces, warehouses, logistics facilities, residential clusters, and server farms.
Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 26, 2022.
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Ziv Sapir credit score: Ilan Besor
