Mike Armstrong Returns to GI Partners
GI Partners, a renowned alternative investment firm, is delighted to announce that Mike Armstrong has rejoined the firm as Managing Director, leading the charge in technology and science real estate investments. With a wealth of experience spanning over two decades in real estate and infrastructure investment, Mike brings invaluable expertise back to the team.
Mike's Impressive Career Path
Before rejoining GI Partners, Mike served as the Chief Strategy Officer at Stream Data Centers. In this role, he was instrumental in driving various strategic initiatives, including data center acquisitions and capital structuring. His skills in negotiating and executing leases are a testament to his robust background in the real estate sector. Mike has expressed enthusiasm about returning to GI Partners, noting the firm's strong position in technology-driven investments, particularly within the data center field.
Established Leadership and Expertise
Mike Armstrong played a pivotal role during his previous tenure at GI Partners within the technology and science real estate investment team. His contributions were crucial in developing an extensive portfolio of properties related to data centers, life sciences, and technology throughout the country. John Saer, Head of GI Real Estate, remarked on how well-received Mike's return has been by the team, emphasizing that his presence will significantly bolster leadership and enhance origination efforts at GI Partners.
Growth in the Data Center Sector
Since its inception in 2001, GI Partners has been an active investor in the data center sector, following the establishment of Digital Realty. The firm currently owns and/or manages 87 distinct data centers that together hold an impressive asset value of $11 billion. Rick Magnuson, the Founder and Executive Managing Director of GI Partners, expressed joy at Mike's return, citing his extensive experience and leadership in securing high-quality investments that tap into the growing trends within the data center space.
About GI Partners
Founded in 2001, GI Partners operates as a private investment firm employing over 180 professionals across offices in major locations including San Francisco, New York, Dallas, Chicago, Greenwich, Scottsdale, and London. With over $45 billion raised in capital, the firm invests on behalf of top institutional investors globally through various strategies in private equity, real estate, and data infrastructure. The private equity division focuses primarily on healthcare, services, and software endeavors, while the real estate strategy is centered around technology and life sciences properties and other specialized sectors. The data infrastructure strategy supports hard asset infrastructure essential for the digital economy.
Contact Information
For further inquiries, reach out to Chris Tofalli at +1-914-834-4334.
Frequently Asked Questions
What position does Mike Armstrong hold at GI Partners?
Mike Armstrong has rejoined as the Managing Director, focusing on technology and science real estate investments.
Where was Mike Armstrong prior to returning to GI Partners?
He previously worked as the Chief Strategy Officer at Stream Data Centers.
How long has GI Partners been investing in data centers?
GI Partners has been involved in the data center sector since its founding in 2001.
What is the asset value of GI Partners' data center portfolio?
The firm currently manages and owns data centers with an asset value of approximately $11 billion.
What sectors does GI Partners focus on for investments?
GI Partners invests in private equity, real estate, and data infrastructure, primarily targeting technology, healthcare, and life sciences sectors.
