HighBrook Investors Closes Inaugural Data Center Fund to Develop 300 MW in Northern Virginia
WEST PALM BEACH, Fla.–(BUSINESS WIRE)–HighBrook Investors (“HighBrook”), a private equity real estate firm, has successfully closed its inaugural data center fund, HighBrook US DCF, LP (“the Fund”), with $266 million in total commitments. The dedicated strategy builds upon the firm’s conviction in next-generation digital infrastructure and extensive experience investing in US and European real estate markets over several decades and market cycles.
The Fund benefits from HighBrook’s long-standing relationships, experience, and prior strategic investments in the Northern Virginia region, providing differentiated sourcing and insight into this dominant data center market. Prior to its final close, the Fund was fully seeded, including three infill industrial investments for data center development in Fairfax County, Virginia. The assets benefit from 300 megawatts of contracted utility power, with substation equipment already on order.
The sites are further supported by strong real estate fundamentals, including by-right zoning for data center development in a strategic location within Northern Virginia’s prime data center corridor. Development will be led by Centra, HighBrook’s Virginia-based vertically integrated industrial and data center operating platform. HighBrook is currently in active discussions with hyperscaler tenants regarding build-to-suit development.
The fund has attracted strong investor interest from both existing HighBrook investors and new institutions including leading endowments and foundations, public pensions, funds of funds, family offices, consultants and wealth managers. Fundraising was completed on an accelerated timeframe to capitalize on this compelling, time-sensitive opportunity.
Brian Carr, Managing Partner of HighBrook Investors, said:
Demand for data center capacity continues to grow, but the market is increasingly constrained by access to power,
“This is particularly evident in core markets such as Northern Virginia and has created a compelling investment opportunity for experienced, execution-focused platforms like HighBrook. By securing advanced-stage power solutions early and identifying strategic sites, we were able to mobilize quickly and are grateful for the strong support from our investors. The strategy reflects HighBrook’s disciplined and thematic investment approach combined with our hands-on asset management and deep local market expertise to deliver scalable, institutional-quality assets.”
The strategy is supported by powerful long-term market tailwinds. The global data center market is valued at approximately $430 billion in 2026 and is projected to grow to $1.1 trillion by 2035, representing a compound annual growth rate of around 11% over the period.1 HighBrook believes these dynamics will continue to favor well-capitalized, execution-focused platforms with the ability to deliver scalable solutions in supply-constrained markets.
HighBrook has now closed on over $2.5 billion of capital commitments across its funds and investment vehicles. Monument Group acted as placement agent for the Fund.
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HighBrook Investors Closes Inaugural Data Center Fund to Develop 300 MW in Northern Virginia, source
