GI Partners Announces Mike Armstrong Rejoins as Managing Director and Head of Technology and Science Real Estate Investments

SCOTTSDALE, Ariz., March 25, 2025 /PRNewswire/ -- GI Partners ("GI", or the "Firm"), a leading alternative investment firm, announced today that Mike Armstrong has rejoined the firm as a Managing Director of GI Real Estate, and will lead the firm's technology and science real estate investments.

With more than 20 years of real estate and infrastructure investment experience, Mike returns to GI Partners from Stream Data Centers, where he most recently served as the company's Chief Strategy Officer. His experience there included data center acquisitions, transaction structuring,  and collaboratively negotiating and executing capital structures and hyperscale leases across Stream's development portfolio. "GI Real Estate has always been at the forefront of technology-driven investments, especially in the data center space. Having known many of the senior GI professionals over the years, I look forward to returning to the GI family and contributing to the firm's continued growth in real estate," said Mike Armstrong.

Mike previously served on GI's technology and science real estate investment team and was a key contributor in building a large portfolio of data center, life sciences, and technology properties across the United States. "Mike's return has been well-received by the over 30 GI Real Estate professionals and the broader firm. As we have grown our data center investment mandate across the risk/return spectrum, the addition of Mike to GI Real Estate strengthens our leadership team, enhances our origination efforts, and adds years of experience in data center value creation," said John Saer, Head of GI Real Estate.

GI Partners has invested in the data center sector since its inception in 2001, beginning with the founding of Digital Realty. Today, GI Partners owns and/or manages 87 separate data centers totaling $11 billion in asset value. Rick Magnuson, Founder and Executive Managing Director of GI Partners and Co-Founder of Digital Realty, said, "I am pleased to welcome Mike back to the Firm. His experience and leadership in all aspects of sourcing and executing compelling investments in high quality data centers significantly increases our team's capabilities in a space with unprecedented tailwinds."

About GI Partners
Founded in 2001, GI Partners is a private investment firm with over 180 employees and offices in San Francisco, New York, Dallas, Chicago, Greenwich, Scottsdale, and London. The firm has raised more than $45 billion in capital and invests on behalf of leading institutional investors around the world through its private equity, real estate, and data infrastructure strategies. The private equity strategy invests primarily in companies in the healthcare, services, and software sectors. The real estate strategy focuses primarily on technology and life sciences properties as well as other specialized real estate sectors. The data infrastructure strategy invests primarily in hard asset infrastructure businesses underpinning the digital economy. For more information, please visit www.gipartners.com.

Contact
Chris Tofalli, +1-914-834-4334, [email protected]

SOURCE GI Partners