Nortia is the Etruscan Goddess of Fate, predecessor to the Roman Goddess Fortuna (luck in English). Nortia had a great temple in Velsna, where it was a tradition to drive a nail into the wall at the new year to mark the ending or fixing of the old year. Fixing data in one place for common use. This is what Nortia is mainly about. You may use this blog in connection with our site, Nortia Research. ---> Nortia
Monday, September 14, 2009
California's GI Capital sells last Frankfurt asset, says realises 60% gross IRR
The California-based private equity firm GI Partners has sold the last European asset from its debut Fund 1, a data centre in Frankfurt, and said the sale completes a realisation of over $1bn in cash proceeds on an initial equity investment of $280m, giving a 3.7x multiple to invested capital and a 60% gross internal return of investment. The data centre was sold for $28m to Equinix Holding, a Dutch-registered subsidiary of the NASDAQ-listed Equinix group.
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