08:40 AM EDT, 05/15/2025 (MT Newswires) -- Blue Owl Capital (OWL) said Wednesday it closed its third digital infrastructure fund with $7 billion in commitments, surpassing its $4 billion target and reaching its fundraising limit.

The fund will invest in large-scale data centers and related assets to support AI and cloud services for major tech companies, the company said.

Capital was raised from institutional backers across the US, Europe, Asia-Pacific, and the Middle East, Blue Owl Capital said, including pensions, insurers, sovereign funds, and endowments.