Where we work

Key points:

By comparison, many investors in the sector:

AIC Investment Approach

A strategic vertical focus on dynamic AI-driven Cloud and Generative AI infrastructure requirements at growth stage (Series B-C) where premium returns can be achieved through speed to market, price, scale and efficiency.
A geographic focus on government supported Tier 2 and off-market Tier 1 market opportunities with USD $100-500m ticket size.
The Tier 2 markets include: SE Asia, India, LATAM, Nordics, Southern & Eastern Europe and the Middle East as projected ‘pivot’ locations for digital infrastructure scaling over the next decade.
The acquisition of strategically aligned regional or national hubs affording additional synergies.
Use of local, technically capable and highly energised management teams supported by systematic approach to training and human capital development.
Target returns levered 20-25% IRR returned over <5 year holding periods.
A consistent focus on the efficient use of resources, particularly renewable power and AI GPU drivers with a strong ESG agenda across the whole portfolio.
Integration of customers, finance and value creation levers to enable optimised and accelerated exits.

Early Stage

Mid Stage

Growth

Pre-Exit

Platform

30% IRR, downside protection with debt/prefs

Management Team formed, Strategy, Clear Route to contracted revenues, Limited Assets

35% IRR

Management Team established, initial revenues secured, geographic expansion

PE/Infra

Land

35% IRR, downside protection debt/warrants/Pref

Land with route to planning and power, and likely customer demand

PE/Infra

Restructure

25% IRR

Strategy redirection as well as capital restructure

20% IRR

Restructure to optmise cost of capital and maximise growth

PE/Infra