Sixth Street Co-CIO Wants Exit Market for Finished Data Centers

As banks and private capital firms funnel billions of dollars into developing data centers, more need to start thinking about the exit opportunities for these assets once they’re finished, according to Sixth Street Partners Co-Chief Investment Officer Julian Salisbury.

“The longer challenge will be to stabilize take-out,” Salisbury said in an interview with Bloomberg TV on Wednesday. “Ultimately, a long-term market needs to evolve for the purchasing of stabilized assets.”

Salisbury’s comments speak to the concern that the pile-in to finance data centers comes with long-term risks and a lack of monetization opportunities so far. Franklin Templeton Chief Executive ...