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Israel

The Tech Capital EQT latest tech fund topples hard cap at $2.2bn

EQT has held the final closing of EQT Growth above its €2 billion (~US$2 billion) target, raising €2.2 billion (~US$2.2 billion) in fee-generating assets under management (AUM) and total commitments of EUR 2.4 billion. The raise underlines investors’ current strong demand for thematic investment strategies. The EQT Growth fund will be used to finance technology com...

September 13

The Tech Capital Berkshire Partners invest $215m in Middle Eastern underground data centres

Private investment firm Berkshire Partners has carried out an investment to buy 49% of Israeli data centre platform MedOne as the nation’s cloud and colocation market continue to attract consumers. The round, valued at US$215 million and described as a “significant growth investment”, also saw the participation of the van Rooyen Group, alongside majority shareholder T...

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