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Ares Management targets $8 billion data centre fundraising
The investment group is pursuing the new equity for data centres while increasing retail and credit fundraising targets.
By João Marques Lima
Founder and Editor, The Tech Capital
3 Mins
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Jarrod Phillips, chief financial officer at Ares
Ares Management (NYSE: ARES) is seeking to raise more than US$8 billion in near-term equity capital for data centre projects across London, Japan and Brazil, as the firm deepens its focus on digital infrastructure.
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