Participated · Debt Financing · Aug 2026

Flexential offers customizable IT and data center solutions for high-density computing needs, delivering services including colocation, cloud, interconnection, data protection, and professional services through its FlexAnywhere® platform. The company operates 40 data centers across 18 highly connected markets on a scalable 100+ Gbps private network backbone. Flexential positions its offerings to meet stringent security, compliance, and resiliency requirements for complex enterprise customers. The company is expanding capacity to meet growing enterprise and AI-driven demand and is investing ahead of customer needs. Its recent $800 million credit facility, supported by an 11-bank syndicate and equity sponsors GI Partners and MSIP, will fund more than 130 MW of new capacity across four key markets. Ongoing projects named in the financing include facilities in Atlanta-Douglasville, Portland-Hillsboro, Denver-Parker, and an expansion near Atlanta-Norcross.

Participated · Debt Financing · Jul 2026

Nscale builds and operates vertically integrated AI data centers, controlling everything from renewable energy sourcing and facility construction to the compute stack and orchestration layer. Backed by Nvidia, the company is developing ‘Stargate Norway,’ an installation targeting 100,000 Nvidia GPUs by the end of 2026 with OpenAI as an initial customer. In October it also partnered with Microsoft and Dell to deploy roughly 200,000 Nvidia GPUs across four data centers in Europe and the U.S. The firm positions itself as a low-cost, green alternative for AI compute, pledging to reuse waste heat and invest in local skills and infrastructure. Its latest funding round values the company at $14.6 billion, placing it among Europe’s few AI decacorns. Nscale plans to use the new capital to accelerate build-outs in Europe, North America and Asia while expanding its engineering and operations teams. The company has hinted at a possible IPO as early as this year to further bolster its capital base. High-profile board appointments—including Sheryl Sandberg, Susan Decker and Nick Clegg—underscore its growing prominence.

Participated · Debt Financing · Sep 2025

Summit Ridge Energy develops and operates community solar projects across the U.S., with a portfolio that the company says now includes more than 2 gigawatts of projects operational or in development. Founded in 2017 and based in Arlington, Va., the firm focuses on community solar portfolios that deliver cost savings to residential and commercial customers. Summit Ridge has raised over $5 billion in project capital to support more than 200 solar plants to date. The company said its projects generate local tax revenue and create jobs in construction, engineering and operations. The financed portfolio in this transaction will support 158 megawatts of solar capacity serving roughly 5,000 households and businesses and is expected to create about 3,000 jobs. Summit Ridge is expanding its presence in Illinois and Maryland through partnerships with major banks and infrastructure investors. Summit Ridge Energy is a leading owner-operator of community solar assets that develops, acquires and finances solar and battery storage projects. Since launching in 2017 the company has formed two joint ventures totaling over $1 billion in permanent project capital and grown its portfolio to more than 300 MW of projects in operation or under construction. By the end of 2023 Summit Ridge expected to have over 500 MW of solar and 100 MWh of battery storage online, providing energy savings to approximately 175,000 residential and commercial customers. Its core business centers on community solar subscriptions that expand access to clean energy, including in urban and low-to-moderate income markets. With the Apollo investment Summit Ridge plans to further expand its geographic footprint and continue scaling its fully integrated platform. Management emphasizes growth and operational scaling, with CEO Steve Raeder continuing as board chairman following the transaction.

Participated · Debt Financing · Jun 2025

Vultr operates a full-stack cloud computing platform offering Cloud Compute, Cloud GPU, Bare Metal, and Cloud Storage. The company touts 32 cloud data center regions across six continents and serves hundreds of thousands of active customers across 185 countries. Vultr positions itself as the world’s largest privately-held cloud infrastructure company and says it is a profitable, globally-available independent provider. Management plans to use new capital to expand its global footprint of AI and cloud infrastructure and to enable AI-native applications. Vultr was founded in 2014 by David Aninowsky and was self-funded for over a decade before taking external equity. Recent financings include a first-ever equity round led by LuminArx Capital Management and AMD Ventures and a significant credit package to accelerate growth. Vultr is a US-based cloud infrastructure company founded in 2014 that offers Cloud Compute, Cloud GPU, Bare Metal, and Cloud Storage. The company leases GPU access to customers and says its AI cloud service will soon become the biggest part of its business. Vultr serves hundreds of thousands of active customers across 185 countries and emphasizes scalability, global reach, compliance, and price-to-performance. It was self-funded for over a decade and is on a mission to make high-performance cloud infrastructure easy to use, affordable, and locally accessible for enterprises and AI innovators. Vultr deploys AMD Instinct accelerators and positions itself as an independent cloud infrastructure alternative to traditional hyperscalers. Management includes founder and Executive Chairman David Aninowsky and CEO J.J. Kardwell.

Participated · Series D · Sep 2024

UJET provides an AI-powered, mobile-first cloud contact center platform that emphasizes multimodal omnichannel CX, real-time generative AI, and a CRM-first, cloud-native architecture. Its product integrates CCaaS, workforce management, and analytics to enable hyper-personalized customer journeys and agent assistance. UJET highlights a mobile-centric approach and APIs that surface unstructured, high-bandwidth assets for real-time customer understanding, and it cites a Google Cloud partnership to accelerate AI feature integration. The company says its platform avoids storing PII while delivering scalability and security. Recent leadership changes include promoting Vasili Triant to Co-CEO while founding CEO Anand Janefalkar focuses on product and engineering. The business plans to use new capital to accelerate generative AI development, expand go-to-market efforts, and grow its team. UJET provides cloud contact center solutions designed to enable omnichannel, smartphone-centric customer support and intelligent workflows. The company emphasizes scale and security while helping organizations automate contact center processes and make data actionable. UJET counts enterprise customers including Google, Instacart, Green Dot, and iZettle. The new funding is intended to expand sales and marketing teams domestically and internationally and to scale the platform with new products and features. Over the past 12 months UJET’s total number of licenses increased by 400%. Following this round UJET has raised just over $100 million to date. UJET builds software that lets customers reach support agents via a smartphone app, the web, or by phone while giving equal priority and consistent context across channels. Agents receive prepopulated customer data (device type, battery life, location, device ID) to speed troubleshooting and reduce basic questioning. The platform supports identity verification via fingerprint, passcodes and Apple’s Touch ID and Face ID and holds SOC 2 Type 2 and HIPAA certifications. UJET says its tools can materially lower support costs; it cites SpotHero as having halved telephone expenses and cut agent training costs. Customers include SpotHero, Blink and Ring. The San Francisco-based company will use the new capital to scale its business, open a New York office next month and establish an EU headquarters in the second quarter. The company has raised more than $45 million to date, including the new Series B.