Cloud Capital Announces First Close of Cloud Capital Fund II, a Closed-end Opportunistic Data Center-Focused Investment Vehicle, Building on Success of Its Existing Platform

Washington, D.C., February 18, 2025 — Cloud Capital, a leading data center investment management firm, dedicated to acquiring and developing high-quality data centers globally, announces the successful first closing of Cloud Capital Fund II with approximately 50% of the closed-end fund’s total target size. This underscores strong investor conviction in Cloud Capital’s longstanding specialist data center expertise, strong tenant relationships and track record.

Vivian Tongalson, Cloud Capital’s Head of Investor Relations & Capital Formation, Americas commented, “We are thrilled with the success of our closed-end fund. Completing the first close approximately two months after launch highlights the significant interest in this unique and attractive investment opportunity. The introduction of the closed-end fund reflects our strategic vision to provide investors with a diverse suite of investment product offerings, leveraging our ability to source proprietary, de-risked and compelling data center investments globally. Institutional investors will gain access to an investment strategy focusing on acquiring and developing a portfolio of data center assets anchored by one of Cloud Capital’s high quality tenant relationships, which the firm’s senior leadership team has cultivated over decades. “

The global demand for digital infrastructure continues to surge, driven by transformative technologies such as the cloud and AI. The closed-end fund will focus on investing in smaller, strategically located data center assets that support a hyperscale tenant’s network across the United States. Cloud Capital Fund II provides complementary exposure to Cloud Capital’s existing strategy with access to tier one markets with high barriers to entry, further enhancing opportunities in this rapidly evolving sector.

“We are grateful and appreciative to our new and existing institutional limited partners who have supported Cloud Capital’s continued growth. We look forward to generating value on behalf of our investors, and building on our collective success,” further remarked Vivian Tongalson, Cloud Capital’s Head of Investor Relations and Capital Formation, Americas.

About Cloud Capital

Cloud Capital is a leading global specialized investment management firm focused on acquiring, managing and operating high-quality data centers. Since 2020, Cloud Capital has acquired a portfolio of data center assets worldwide valued at over $4.5 billion, employing a rigorous and disciplined underwriting process for both proprietary and off-market data center transactions and active hands-on asset management. Cloud Capital has offices in Washington, D.C., Tampa, Florida, and London.

For more information, please visit: www.cloudcapital.com

Contact: [email protected]