May 16, 2025 | Posted by Abdul-Rahman Oladimeji
Alternative asset manager Blue Owl Capital Inc. announced today the final close of its latest digital infrastructure fund, Blue Owl Digital Infrastructure Fund III (ODI III), with $7 billion of total capital commitments. ODI III exceeded the original target of $4 billion and hit its hard cap. ODI III will focus on developing, acquiring, and owning data centers and other connectivity-related real assets, with a focus on large-scale, build-to-suit developments.
Marc Zahr, co-president and global head of real assets at Blue Owl, said: "We continue to see a generational market opportunity in data centers and digital infrastructure more broadly. Massive capital commitments are required to fund the underlying infrastructure needed to support the world's leading technology companies. We thank our investors for their commitments and believe ODI III is well-positioned given the favorable tailwinds driving the digital infrastructure sector forward."
Matt A'Hearn, head of Blue Owl Digital Infrastructure, added: "Size is critical in partnering with hyperscalers, and we are incredibly excited to close one of the largest data center-focused funds in the industry. Developing and investing in data centers globally demands expertise and strong end-client relationships. With rising capital needs, staying relevant means having the financial strength to build and own critical digital infrastructure along with maintaining an experienced global team focused on meeting the needs of our partners."
