Affinius Capital Nears $1 Billion Data Center Fund

Affinius Capital has raised $905M for its DC fund.

Here's what that looks like...

- Final close expected mid-2026
- $15 billion development pipeline
- US-focused, major markets only
- Backed by La Caisse Pension Fund

Project Helios is the anchor.

A hyperscale campus in Loudoun County, Virginia, 20 miles from Ashburn, the data centre capital of the world.

They just secured $975M in financing, with the property fully leased long-term to a top investment-grade cloud provider.

The playbook is very easy to understand:

- Secure the land and power entitlements
- Build hyperscale infrastructure
- Lock in a 20-year lease
- Repeat

A $61B real estate manager moving into data centers with a dedicated fund and a $15B pipeline is a signal worth paying attention to.

Who else is raising a data center fund right now?