Image via ETtech (Economic Times)
Last updated
Switch: Capital Raising
Switch, a Las Vegas-based data centre developer, is in advanced discussions to raise billions of dollars at a minimum US$50 billion valuation. Brookfield Asset Management, KKR, and other institutional investors involved. IPO potential as early as next year.
Source: ETtech (Economic Times)
The leadership read
Fresh capital usually broadens the sector leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.
Market context: Backdrop: a 111.1 (Hot) Talent Market Index (up 5.2 on the month) with Oceania activity easing (-5.6pts).
Switch: 3 signals in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 3 tracked across 27 days.
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