SC Capital Partners and Abu Dhabi Investment Authority to form a joint venture.

SC Capital Partners, a Singapore-based private equity real estate manger, and Abu Dhabi Investment Authority, a sovereign wealth fund owned by the Emirate of Abu Dhabi, agreed to form a joint venture to target data centre investments across the Asia Pacific region, with a primary focus on Japan, South Korea, Singapore, and Australia. Financial terms were not disclosed. “This new programme complements our existing pan-Asian opportunistic strategy and allows us to significantly scale up our data centre capabilities and platform in the fastest developing data centre region in the world," Suchad Chiaranussati, SC Capital Partners Chairman and Founder.