HighBrook Closes First Data Center Fund Targeting 300MW in Virginia

 Private equity firm HighBrook Investors has closed its first US data center fund, securing $266 million in total commitments. The launch of the fund was first reported last year. 

HighBrook said the fund saw contributions from existing investors alongside new institutions, including leading endowments and foundations, public pensions, funds of funds, family offices, consultants, and wealth managers.

“Demand for data center capacity continues to grow, but the market is increasingly constrained by access to power,” said Brian Carr, managing partner of HighBrook Investors. “This is particularly evident in core markets such as Northern Virginia and has created a compelling investment opportunity for experienced, execution-focused platforms like HighBrook.

"By securing advanced-stage power solutions early and identifying strategic sites, we were able to mobilize quickly and are grateful for the strong support from our investors. The strategy reflects HighBrook’s disciplined and thematic investment approach combined with our hands-on asset management and deep local market expertise to deliver scalable, institutional-quality assets.”

HighBrook’s investments include logistics and industrial developments in the Netherlands, Minneapolis, and Virginia, as well as residential and office projects in the US and Europe. The company said it has now closed on more than $2.5 billion of capital commitments across its funds and investment vehicles.