Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, announces a joint venture partnership with Cloud Capital to acquire a 21-megawatt data center located in Minneapolis, Minnesota, with plans to expand its capacity to 31 MW. Cloud Capital is a leading global data center investment management firm with a diversified portfolio of 26 high-quality data center assets totaling over USD 5.5 billion in assets under management, with longstanding relationships with top-tier tenants in the sector. The data center is primarily leased on a long-term basis to a leading provider ...