As a "critical-path" infrastructure in the era of digital economy, Internet Data Center (IDC) has become an important support for the development of cloud computing, big data, Internet of things, 5G and other strategic emerging industries. The investment mandate of Xinjin IDC Industrial Fund will be to focus on the development of T3+ and T4 level greenfield projects, supplemented by stabilized assets, with an average project size of approximately US$100 million.
The IDC USD fund and the IDC RMB fund will be raised in three phases. The IDC RMB fund will be raised by a subsidiary of Xinjin Investment Holding Limited, which is registered with the Asset Management Association of China as a qualified private equity manager. The initial fund size will be US$500 million and RMB 2 billion, respectively. It is expected that after the completion of the final fund raising, IDC USD fund and the IDC RMB fund will reach capitalization targets of US$3 billion and RMB 12 billion, respectively.
The initial fund size is US$ 500 million and RMB 2 billion
a variety of exit channels are available, such as REITs, ABS, IPO, injection into listed companies and equity sales