Northern Investment Partners to invest $160M in wholesale data centers

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By Ted Liu

Northern Investment Partners Inc., partnering with M Capital Group (MCG), a Merchant Banking Group with offices in New York, London and Dubai, plans to invest up to $160 million or US $120 million in equity in wholesale data centers.

Northern Real Estate Technology Fund I is to develop, operate and manage a network of wholesale data centers across Canada through a portfolio of assets.

The fund is managed by Roger Karam, Executive Chairman, and Stephen Hudon, Chief Investment Officer.