T5 Data Centers, Hillwood and IPI Partners Form Partnership to Develop T5@Alliance, a Hyperscale Data Center Campus at AllianceTexas

T5 Data Centers and Hillwood, are partnering to co-develop a data center campus within AllianceTexas, the 18,000-acre master-planned, mixed-use development in north Fort Worth. Development of the T5@Alliance data center campus is backed by IPI Data Center Partners Management, LLC (IPI Partners).

Atlanta, GA, USA — T5 Data Centers (T5), innovators in providing state-of-the-art, customizable, hyperscale computing environments, and Hillwood, one of the nation’s leading real estate companies, are partnering to co-develop a data center campus within AllianceTexas, the 18,000-acre master-planned, mixed-use development in north Fort Worth. Development of the T5@Alliance data center campus is backed by IPI Data Center Partners Management, LLC (IPI Partners), which invests in data centers and other technology and connectivity-related real assets and is sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC.

The T5@Alliance campus is a unique scaled opportunity for the data center market. AllianceTexas has initially dedicated 350-400 acres of its infrastructure rich master plan specifically for data centers. The massive pad sites with the infrastructure necessary to ensure uninterrupted power, telecommunications, and operations, provide the foundation for T5 to construct enterprise-scale, customized data centers that meet customers’ specific requirements. At full build-out, the development is capable of delivering 400+ megawatts of dedicated critical power, which replicates the current capacity of the entire Dallas-Fort Worth marketplace.

“Cloud and hyperscale data center users are looking for locations that can offer a growth pathway, incentives, resiliency and speed to operation, all with low costs. T5@Alliance offers a perfect combination of these critical requirements,” said Pete Marin, President and CEO of T5. “This partnership with Hillwood and IPI Partners brings together a highly experienced team ready to deliver hyperscale campuses for discerning data center customers.”

“Rapid growth in Fort Worth is catching the attention of large technology companies, like Facebook, and is reinforcing AllianceTexas’ position as a premier destination for data centers,” said Mike Berry, president of Hillwood, developer of AllianceTexas. “With highly acclaimed data centers already developed in eight major markets across the United States, T5 and IPI Partners are ideal partners for expediting the evolution of AllianceTexas as a large-scale data center destination. This partnership will allow us to quickly deliver even more data center campuses to the growing number of customers who want to more efficiently serve North Texas and the broader market.”

Redundancy is one of the core reasons that data centers find AllianceTexas attractive. The development is served by two separate transmission sources, Brazos Electric Power Cooperative and Oncor, which come together at the same location to provide power independently with transmission-level redundancy. Four substations currently exist at AllianceTexas, with locations identified for multiple additional substations, which enhance redundancy opportunities for development sites. This component, combined with the fact that Texas operates on its own electrical grid, mitigates the risk that data center operations will be disrupted by power outages. The state’s deregulated electricity marketplace also makes power extremely affordable.

Multiple long-haul and domestic fiber providers are also in place throughout AllianceTexas. In addition, the development is served by water supplied by the City of Fort Worth. The water system within AllianceTexas has been constructed and was purposefully designed to provide critical redundancy, with interconnections between three transmission water mains.

“The partners share the same vision for providing customers with customized data center solutions, making this a great opportunity to leverage our capabilities and resources to support the growing demands of colocation, enterprise and hyper-scale users across the region,” said Reid Goetz, vice president of Hillwood. “The massive pad sites at T5@Alliance, which are already served with critical infrastructure, make the development a great platform on which the partners can create one of the world’s top data center destinations. Facebook and other FORTUNE 500 users have already recognized the substantial advantages of this location for massive installations. Redundancy, the presence of multiple fiber providers, access to an ample volume of water and the region’s moderate weather all help ensure reliable, uninterrupted service of data centers at AllianceTexas.”

ABOUT ALLIANCETEXAS
AllianceTexas (http://www.alliancetexas.com) is an 18,000-acre, master-planned community anchored by the world’s first industrial airport. It includes the Alliance Global Logistics Hub, Circle T Ranch and Alliance Town Center projects. AllianceTexas is now home to over 470 companies, which have built more than 40 million square feet and created over 47,500 jobs. The community also includes over 2.6 million square feet of retail, restaurant, medical and entertainment components integrated with a variety of single-family and luxury apartment home options. Since its inception, it is estimated that AllianceTexas has generated more than $64 billion in economic impact for the North Texas region.

ABOUT T5 DATA CENTERS
T5 Data Centers (T5) is a leading national data center owner and operator, committed to delivering customizable, scalable data centers that provide an “always on” computing environment to power mission critical business applications. T5 Data Centers provides enterprise colocation data center services to organizations across North America using proven, best-in-class technology and techniques to design and develop facilities that deliver the lowest possible total cost of operations for its clients. T5 currently has business-critical data center facilities in Atlanta, Los Angeles, Dallas, Portland, Charlotte, Chicago, New York and Colorado. All of T5’s data center projects are purpose-built facilities featuring robust design, redundant and reliable power and telecommunications, and have 24-hour staff to support mission-critical computing applications. For more information, visit http://www.t5datacenters.com.

ABOUT HILLWOOD
Hillwood, a Perot company, is a premier industrial, commercial and residential real estate developer and manager with projects throughout North America and Europe. With a diverse portfolio of properties which have become home to many of the world’s leading companies, Hillwood is committed to bringing long-term value to our customers and partners and the communities in which we serve.

Hillwood also served as the lead developer of marquee projects nationwide, from the Air Force Memorial in Washington, D.C. to the Perot Museum of Nature and Science and the American Airlines Center in Dallas. For additional information, please visit http://www.hillwood.com.

IPI DATA CENTER PARTNERS MANAGEMENT, LLC
IPI Data Center Partners Management, LLC invests in data centers and other technology and connectivity-related real assets and is sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC.

Contact Information:
Mercedes Bolen
Hillwood
817-224-6002
mercedes.bolen@hillwood.com

Michelle Hargis
Cooksey Communications
817-798-5257
michelle@cookseypr.com

Top Performing Investment Manager, Chetan Kapur of ThinkStrategy Capital, Went Way Above and Beyond for Investors which Enjoyed Leading Returns for a Decade

New York, NY, 2017-Oct-12 — /REAL TIME PRESS RELEASE/ — Top Performing Investment Manager, Chetan Kapur of ThinkStrategy Capital, Went Way Above and Beyond for Investors which Enjoyed Leading Returns for a Decade. Chetan Kapur Gets Unjustly, Unjustifiably and Repeatedly Attacked by Corrupt Element at the SEC.  Top Performing Investment Manager, Chetan Kapur of ThinkStrategy Capital, Went Way Above and Beyond for Investors which Enjoyed Leading Returns for a Decade. Chetan Kapur Gets Unjustly, Unjustifiably and Repeatedly Attacked by Corrupt Element at the SEC.

  • Extremely Honest, Selfless & Diligent Chetan Kapur Sacrificed All His and ThinkStrategy’s Resources for the Benefit of Investors During the Great Recession and Thereafter. Chetan Kapur Even Gave Up His Investment and Creditor Claim in the ThinkStrategy Funds for the Benefit of Investors.
  • Corrupt, Deceitful Contingent at SEC Engaged in a Campaign of Harassment, Defamation and False Imprisonment Against Chetan Kapur. The SEC Attack Began One Year After ThinkStrategy Closed Operations, With the Worst Banking Crisis in US History, Having Depleted All Resources for Investors Benefit.  SEC Attempted to Extort Third Parties Including Chetan Kapur’s Family Out of Assets That Legally Belonged to Them But Failure Was Inevitable.
  • All SEC Claims Against Chetan Kapur were Clearly Defamatory, Slanderous, Fictional and Egregiously False. SEC’s Fabricated and Fake Claims were Based on Stale, Partial, Out of Context, Contorted or Erroneous Information.
  • Numerous Independent Third Parties Provide Testimony and Testimonials Which Highlight Chetan Kapur’s Excellent Reputation, Impeccable Character and Outstanding Contribution to the Community.

ThinkStrategy Capital Management managed and advised two leading hedge funds – ThinkStrategy Capital Fund, an equity market-neutral fund and TS Multi-Strategy Fund, a leveraged multi-strategy fund of hedge funds and had a comprehensive managed account program. The funds and managed accounts provided investors excellent annual returns with low relative volatility for the majority of a decade. All investors received the reported returns that were based on the net asset values generated from the funds trading or allocations. With the financial and banking crisis, the leveraged TS Multi-Strategy Fund, a top performer, was put into liquidation by its lender and custodian, KBC Financial, in 2008 (which put all their leveraged clients into liquidation). ThinkStrategy Capital eventually put the TS Multi-Strategy Fund into the hands of PriceWaterhouse Coopers. The TS Multi-Strategy Fund conducted due diligence on or evaluated approximately 8000 investment opportunities and had over 150 different investments.

ThinkStrategy Capital had quality independent service providers that audited and administered the Company’s funds and returns. The Funds’ custody, leverage, brokerage, liquidation, legal, tax and other service providers were also quality independent firms. The service providers included PriceWaterhouse Coopers, KBC Financial, O’Connor Davies Munns and Dobbins, Eisner, Folio Administrators and Kirkpatrick & Lockhart.

ThinkStrategy Capital always had a Director of Business Development that fully managed and spearheaded the firm’s capital raising, sales and investor relations effort. The Director of Business Development created all offering materials and was responsible for all investor needs as it related to the Funds’ performance, assets under management, longevity, strategy, due diligence and management team. In addition, other senior members spearheaded portfolio management, research and due diligence, trading and other functional areas of the firm (such as operations and archiving). ThinkStrategy Capital was a sophisticated growing firm managed in a similar fashion to many growing hedge funds of its size.

Any inadvertent omission or inaccuracy made by ThinkStrategy’s Director of Business Development or his investor relations team in the normal course of business in one-off documents was not only corrected immediately when identified and re-issued but also accurately noted in many other offering and marketing materials including the fund’s foundational offering documents (i.e. the Offering Memorandum, Limited Partnership Agreement and Investment Management Agreement).  The Funds’ sophisticated, qualified, experienced, accredited investors carefully reviewed all documents and spoke to and met the ThinkStrategy team and their independent service providers – all of which accurately answered all questions prior to investment. Not one ThinkStrategy investor was ever misled in any way, shape or form as to the investment products and the risks associated with them. Not one investor ever redeemed as a result of an inadvertent inaccuracy being corrected by the Director of Business Development or his investor relations team.

ThinkStrategy Capital Management conducted comprehensive research and due diligence in all its investment products. ThinkStrategy Capital’s fund of hedge fund product, TS Multi-Strategy Fund, had an extensive, multi-faceted program of diligence that included operational, strategy, risk, stress and scenario due diligence processes (that were applied to all sub-funds being evaluated). Each due diligence process had several qualitative and quantitative aspects and checks not noted to investors but to their benefit. Other leading fund of funds also had similar processes that were above or at industry standard for the time.  The TS Multi-Strategy Fund investments oftentimes were recommended by highly regarded institutional advisors or consultants, or came from respected investment databases. All TS Multi-Strategy Fund sub-fund managers always had strong knowledge and experience with their strategy, very solid business and investing experience, and used quality service providers. Many sub-funds were eliminated from consideration as a result of the stringent and multi-faceted due diligence performed by ThinkStrategy Capital. TS Multi-Strategy Fund continually improved its above or at industry standard due diligence processes eventually adopting a ‘No Stone Should Be Left Unturned’ policy even if there were no red flags. Furthermore, the TS Multi-Strategy Fund could not invest in any sub-fund unless it passed KBC Financial’s (TS Multi-Strategy Fund’s lender and custodian) independent due diligence processes and standards.

The TS Multi-Strategy Fund, a leading performer, was one of KBC Financial’s last clients to be put into liquidation as it was a top performer and well diversified. The leveraged fund of hedge funds had no choice in having to submit full control over to KBC Financial’s liquidation process, the worst banking crisis in US history and the worst economic and financial crisis since 1929. Nonetheless, the fund outperformed a vast majority of its peers locked in a similar position in spite of coming to discover and fully writing off a couple of issue or fraudulent sub-investments. Further, had the SEC done their jobs properly, being the only ones with access to third-party fund bank and brokerage statements, the TS Multi-Strategy Fund of Funds and thousands of other sophisticated investors would not have been a victim of any fraud losses. The TS Multi-Strategy Fund and the ThinkStrategy Capital Fund enjoyed investment success and outperformance significantly higher than its peers in all periods.

Chetan Kapur and ThinkStrategy Capital worked very diligently for investors of the leveraged funds even while receiving no compensation or fees for approximately 3 years as KBC Financial (lender and custodian that put all their clients into liquidation with the US banking crisis) halted all required fees payable to their investment managers during the liquidation period. ThinkStrategy Capital and its founder, Chetan Kapur, thereafter went out-of-pocket during these 3 years to pay for the entire infrastructure and operating expenses of these funds until their resources were fully depleted leaving Chetan Kapur with very significant debts. Most other investment managers would have forced their funds into court receivership or the hands of a liquidator immediately whereby all these expenses and costs would be charged to the fund – thereby hurting investor returns (and would not have worked 16+ hour days in selfless sacrifice as Chetan Kapur did). Chetan Kapur did not abandon investors, which he was legally entitled to do as he was working gratis. Investors benefitted at the very substantial cost and expense of Chetan Kapur.

ThinkStrategy Capital and Chetan Kapur during this liquidation period devoted a lot of hard work and effort in providing detailed reports to investors, in making prudent decisions on sub-funds that were restructuring or liquidating, in procuring the sub-funds to payout as soon as feasible (including participating in investor committees and appointing advisors to oversee payouts), in obtaining risk, liquidity, outlook and other updates from the sub-funds, as well as maintained coordination with all service providers to the fund (the independent auditors, the independent administrators, the independent accountants and tax preparers, and independent legal) while the Company and Kapur received no compensation for their diligence. Further, the fund’s investors were provided substantial fee discounts in the normal course of business prior to the economic and banking crisis too – once again benefitting investors at the cost of ThinkStrategy Capital and Chetan Kapur.

ThinkStrategy Capital eventually put the Multi-Strategy Fund of Hedge Funds into the hands of PriceWaterhouse Coopers after 3 long years of managing all aspects and costs of the funds without pay, having done all it could for investors, depleting resources fully and leaving founder, Chetan Kapur, in a very substantial debt position. Further, ThinkStrategy Capital and Chetan Kapur suffered the exact same percentage loss during the economic, banking and private lending crisis being an investor in the fund that was put into liquidation. ThinkStrategy Capital and Chetan Kapur wrote off their fund investment and a very considerable creditor claim towards the fund for the major benefit of investors.

Continue at (http://investigativecoverage.com/investigativereport-on-thinkstrategy-and-chetan-kapur/)

Cases: SEC v. ThinkStrategy Capital Mgmt. LLC et al., 11CV8094, 17-691CV, 12CR00535, US District Court, Southern District of New York

SOURCE: Investigative Coverage

Contact-Details:
Investigative Coverage
73 Watling Street
London EC4M 9BJ
Shalene@investigativecoverage.com