PFB Data Centre, New Client

The UK's largest data centre is being built by a new fund that is domiciled in Guernsey and listed on the Channel Islands Stock Exchange (CISX). The fund aims to raise between £100m and £200m of equity. Alison Simpson, Chief Executive of IAG, who is on the board of the Fund said "We are extremely delighted to have been appointed as administrators to this fund which has gained significant media coverage for investing in what is a specialist but potentially very rewarding market". Press release