Arnold Bloch Leibler has advised alternative investment manager Alceon on its strategic investment in Australian data centre developer and operator INSITE DC, as part of the launch of Alceon’s new DC Catalyst Fund.
As reported in The Australian, the investment forms part of Alceon’s broader strategy to build a significant data centre platform focused on the rapidly expanding digital infrastructure sector, underpinned by increasing demand for cloud services, AI computing power and data storage.
Arnold Bloch Leibler advised Alceon on all corporate and commercial aspects of the transaction.
The ABL team was led by Corporate & M&A partner Jeremy Leibler and senior associate Ari Bendet, supported by lawyer Michael Fisher. Banking & Finance partner Nathan Briner and senior associate Luise Squire advised on the financing aspects of the transaction, while property and development partner Tyrone McCarthy and senior associate Tamsen Kempster advised on property matters.
Jeremy Leibler commented: “Digital infrastructure continues to attract significant investor interest globally, and this transaction reflects Alceon’s conviction in the long-term opportunities emerging across the Australian data centre market.”
Ari Bendet added: “The transaction brought together corporate, financing and property considerations across a fast-moving sector. It was a pleasure working with the Alceon team on this investment, and we’re very excited to watch INSITE DC continue to grow.”
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