Strategic Capital Fund Management Hires Industry Veteran as CIO of Data Center Platform
Strategic Capital Fund Management, an alternative investment product sponsor, has hired Chris Flynn to serve as chief investment officer of its data center real estate platform.
Strategic Capital Fund Management, an alternative investment product sponsor, has hired Chris Flynn to serve as chief investment officer of its data center real estate platform.
Flynn, who has more than 25 years of commercial real estate experience, joins from Lightstone Data Fund, where he served as president and had overall responsibility for the company’s investment in digital infrastructure assets, including strategic planning, capital raising, financing, acquisitions, development, operation and leasing.
He also managed the acquisition and development of 40 data centers in the U.S., Canada, Europe and South America for EdgeConneX. Their portfolio consisted of more their 3 million square feet, in excess of 350 megawatts of critical power and $6 billion in data center transactions.
In a prior role for a telecommunications company owned by Verizon Communications, Flynn led a real estate team responsible for more than $10 billion in acquisitions, renewals and dispositions, and managed 50,000-plus telecom license agreements.
“Data center real estate is integral in supporting how we live, work and play on a daily basis,” said Jim Condon, president of Strategic Capital Fund Management. “This is even more apparent in today’s market as the coronavirus pandemic has pushed tele-work, tele-health and tele-education to the forefront. While many economic sectors are feeling the impact of the pandemic, data centers are being relied upon even more to deliver these services.”
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