Manulife Investment Management (Manulife IM), on behalf of Manulife Infrastructure Fund II and its affiliates, has entered into a definitive agreement to acquire a controlling interest in Serverfarm, a data centre owner and operator. The investment by Manulife IM, together with support from existing shareholders, will provide capital to Serverfarm to continue its expansion...

Digital infrastructure investment house Grain Management is to launch a new fund with the aim of raising as much as US$4 billion (€3.6 billion). The news has not been confirmed by the group and were leaked by a potential investor in the fund. According to the Connecticut Retirement Plans and Trust Funds (CRPTF) meeting note, CRPTF is considering issuing a US$150 millio...

STT’s data centre unit, STT Global Data Centers (STT GDC), is mulling a US$1 billion raise as it considers an initial public offering (IPO). The group, backed by Singapore’s state-owned investment firm Temasek Holdings, is rumoured to have already held conversations with potential advisers on the raising round. The funding could help set a valuation benchmark for an ...