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Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

Sean Klimczak, global head of Blackstone Infrastructure and Nadeem Meghji, global co-head of Blackstone Real Estate, said: “Prior to AirTrunk, Blackstone’s portfolio consisted of US$55bn (€49.8bn) of data centres including facilities under construction, along with over US$70bn in prospective pipeline development.” This is a huge deal.

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Transcript: David Layton

The Big Picture

How much is it the value of the company you’re investing in? How much is the prospective market size, as well as how robust local economy is? It’s all about what are this company’s prospects? How are you going to steer this company to be able to maintain its market position? LAYTON: Yeah.

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