Starwood Capital Group Launches Starwood Digital Ventures
Portfolio Pulse from Benzinga Newsdesk
Starwood Capital Group has announced the launch of Starwood Digital Ventures, a new platform to manage its U.S. and European data center investment strategy, which currently encompasses $8 billion in assets. Additionally, Starwood Capital has formed a strategic alliance with Worldwide Mission Critical to support its expected growth in this sector.
January 18, 2024 | 1:35 pm
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Starwood Capital Group, which may be associated with Starwood Property Trust (STWD), has launched a new investment platform and entered a strategic alliance, indicating a focus on growth in the data center sector.
The launch of Starwood Digital Ventures and the strategic alliance with Worldwide Mission Critical suggest a positive outlook for Starwood Capital Group's data center investments. While STWD is not directly mentioned, it may be associated with Starwood Capital Group. If STWD is involved in these data center investments, this could signal potential growth for the company, leading to a positive short-term impact on its stock price. However, without explicit confirmation of STWD's involvement, the relevance and confidence scores are moderate.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50