China’s CDH Investments secures first close of data centre fund at $228m

China’s CDH Investments secures first close of data centre fund at $228m

Visual of a data centre. Credit: Flickr/Sean Ellis

Chinese alternative assets manager CDH Investments’ sub-fund, the CDH Mezzanine and Credit Fund, has secured the first close of its industry data centre (IDC) fund at 1.5 billion yuan ($228 million), CDH announced on Monday.