Blue Owl Capital (OWL) said Wednesday it closed its third digital infrastructure fund with $7 billion in commitments, surpassing its $4 billion target and reaching its fundraising limit.
The fund will invest in large-scale data centers and related assets to support AI and cloud services for major tech companies, the company said.
Capital was raised from institutional backers across the US, Europe, Asia-Pacific, and the Middle East, Blue Owl Capital said, including pensions, insurers, sovereign funds, and endowments.
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