CenterSquare Investment Management Invests in Aligned Data Centers
PLYMOUTH MEETING, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- CenterSquare Investment Management (CenterSquare) today announced an equity investment in Aligned Data Centers (Aligned), one of the largest and fastest growing private data center developers in the Americas.
- PLYMOUTH MEETING, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- CenterSquare Investment Management (CenterSquare) today announced an equity investment in Aligned Data Centers (Aligned), one of the largest and fastest growing private data center developers in the Americas.
- The investment was facilitated through CenterSquare's strategic partnership with Macquarie Asset Management, whose managed funds hold a majority stake in Aligned Data Centers.
- "We look forward to partnering with Aligned, a well-regarded operator and developer of data centers, satisfying the robust demand being driven by the escalating adoption of cloud technology and the burgeoning AI wave,” said Chad Burkhardt, Managing Director of Strategic Capital at CenterSquare Investment Management.
- “CenterSquare's investment is a tremendous validation of our vision and growth strategy,” said Andrew Schaap, Chief Executive Officer of Aligned.