Cloud Capital closes oversubscribed fund II to fuel AI data center expansion

Cloud Capital has finalized Fund II, an oversubscribed vehicle aimed at acquiring and developing hyperscale and AI-focused data centers across the U.S. Backed by global pensions, asset managers, and family offices, the fund marks another milestone after raising $1.325 billion in securities last year. As the investment arm of CloudHQ, Cloud Capital now manages over $5 billion in data center assets, reflecting rising AI-driven demand.