SAN FRANCISCO, Jul 14, 2021 / PRNewswire / – GI Partners, a leading private equity firm, today announced the launch of the GI Real Estate Essential Tech + Science Fund (the “ETS Fund” or “The Fund”), which seeks to invest in real estate assets that work continuously to support critical functions in the technology and life sciences industries. ETS Fund will seek to acquire data center facilities, biological assets, and research and development (“R&D”) facilities in the office and industrial sectors.
Founded in 2001, GI Partners has focused on investing in loss-proof growth in all of its strategies, with a focus on technology and healthcare. The ETS Foundation seeks to continue the Firm’s strategy of investing in specialized opportunities in critical technology and scientific real estate, leveraging the firm’s collective skills in technology, life sciences and real estate. ETS Fund leads John Sheputis, former President of Infomart and a team of over 20 investment and management professionals.
Rick Magnuson, Executive Managing Director and Founder of GI Partners, said: “Since its inception in 2001 by Digital Realty Trust, a pioneer in the data center, GI Partners has been a leader in real estate technology and life sciences. When we celebrate the 20th anniversary of the company.th anniversary of our firm, we look forward to continuing to invest in this space with the launch of the ETS Fund. ”
John Sheputis, Managing Director of GI Partners and Head of ETS Fund, said: “The global economy is being transformed by technological and scientific innovations that affect the way people live and work. Data centers, life sciences facilities and always onsite support the important functions of a modern economy operating 24/7. Our goal is to maximize risk-adjusted returns for our investors by identifying untapped market segments in which our expertise provides a critical competitive advantage. We believe that our initial portfolio and broad portfolio reflect opportunities in these important sectors. “
Since launching in early 2021, ETS Fund has been actively investing in a diverse portfolio of data centers, life sciences assets and R&D centers around the world. United States, including:
- Walsh Bowers Assembly (207,534 sq. Ft., Santa clara, california), a portfolio of three buildings in the main data center in Silicon Valley;
- Mt. Eden Research Park (369,986 sq. Ft., Hayward, California), a six-building life sciences campus in the San Francisco Bay Area, whose current tenants are pioneers in their fields and well positioned for the future growth of the life sciences;
- Pointe (89145 sq. Ft., Redwood City, California), two life sciences buildings adjacent to the rapidly expanding Bay Area life sciences submarket;
- 3701 Market St. (140,913 sq. Ft., Philadelphia, PA), a purpose-built laboratory and research center whose infrastructure supports high-quality wet lab, research, medical office and data center space.
“The GI Partners Real Estate team has extensive experience in the sourcing, acquisition and management of critical real estate, identifying assets with the potential to generate both attractive short-term income and long-term growth prospects,” he said. John Sayer, Managing Director and Head of GI Partners Real Estate, which currently manages more than $ 13 billion in assets, including a significant portfolio of technology and life sciences real estate in 13 of the leading US markets.
“We are delighted to expand our offerings to a wider investor audience with the firm’s first publicly traded fund targeting the technology and life sciences sectors. We are grateful for the trust placed by our limited partners to continue our experience of investing in these growing and important areas of real estate, ”said Philip Yau, Managing Director of GI Partners.
About GI Partners
Founded in 2001, GI Partners is a private equity firm with over 100 employees. San Francisco, California with offices in New York, Chicago, Greenwich, Connecticut, as well as Scottsdale, Arizona. The firm has risen above $ 28 billion capital from leading institutional investors around the world to invest in private equity, real estate and data infrastructure strategies. The private equity team invests primarily in healthcare, IT infrastructure, services and software companies. The real estate team specializes primarily in technology and life sciences related properties, as well as other specialized types of real estate. The data infrastructure team invests primarily in the hard asset infrastructure enterprises that underpin the digital economy. GI Partners has signed the Principles for Responsible Investing, a UN-sponsored network of international investors, and is also a member of the Global Real Estate Sustainability Benchmark. For more information please visit www.gipartners.com…
Chris Tofalli Public Relations, LLC
SOURCE GI Partners