Hanwha raises funds for AI bottleneck strategy with 7% target return

Verifying
  • Hanwha Asset Management is raising money for an AI infrastructure bottleneck-focused target-return fund.
  • 123 gigawatts is projected U.S. data-center electricity demand in 2035, versus 4 gigawatts in 2024.
  • The closed-end fund accepts subscriptions through the 15th and launches on the 16th.
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