GI Partners Announces Launch of GI Real Estate Essential Tech + Science Fund ("ETS Fund")
GI Partners | July 19, 2021
GI Partners, a leading private investment company, announced the launch of the GI Real Estate Essential Tech + Science Fund ("ETS Fund" or the "Fund"), which seeks to invest in real estate assets that continuously operate to support mission-critical functions of the technology and life sciences industries. The ETS Fund will acquire data center properties, life sciences assets, and always-on R&D facilities in the office and industrial sectors.
GI Partners, founded in 2001, has focused on downside-protected growth investment across all of its strategies, with a special focus on technology and healthcare. The ETS Fund aims to maintain the Firm's strategy of investing in specialized opportunities in critical technology and scientific real estate using the Firm's combined technology, life sciences, and real estate skillsets. The ETS Fund is headed by former Infomart President John Sheputis and over 20 investment and management professionals.
The ETS Fund has been aggressively investing in a broad portfolio of data centers, life sciences assets, and R&D facilities throughout the United States since its inception in early 2021, including:
• Walsh-Bowers Assemblage, a portfolio of three buildings in Silicon Valley's primary data center hub;
• Mt. Eden Research Park, a six-building life sciences campus in the San Francisco Bay area whose current tenants are pioneers in their respective areas and position the asset well for future life sciences growth;
• The Pointe, a pair of life sciences buildings next to a quickly maturing Bay Area of life sciences submarket;
• 3701 Market St., a purpose-built lab and R&D facility with high-quality wet lab, research, medical office, and data center space.
About GI Partners
GI Partners, founded in 2001, is a private investment company with approximately 100 employees headquartered in San Francisco, California, and offices in New York, Chicago, Greenwich, Connecticut, and Scottsdale, Arizona. Over $28 billion in capital has been raised by the company from top institutional investors worldwide to invest in private equity, real estate, and data infrastructure initiatives. The private equity team mainly invests in healthcare, IT infrastructure, services, and software companies. The real estate team specializes in technology and life sciences properties and other kinds of specialty real estate. Finally, the data infrastructure team mainly invests in hard asset infrastructure companies that support the digital economy. GI Partners is a signatory to the Principles for Responsible Investment, a network of international investors backed by the United Nations, and a Global Real Estate Sustainability Benchmark participant.