The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

BlackRock → Blue Owl Capital

$25.0B (ceiling) — **A consortium backed by BlackRock and IFM Investors is in exclusive talks to buy Stack Infrastructure's Asia-Pacific data-center portfolio for up to $25 billion, Bloomberg reported Thursday, citing people familiar with the matter** — The group includes the BlackRock-backed AI In

high confidence · as of 2026-09-24T00:00:00Z · about Blue owl capital

$25.0B (ceiling) — **A consortium backed by BlackRock and IFM Investors is in exclusive talks to buy Stack Infrastructure's Asia-Pacific data-center portfolio for up to $25 billion, Bloomberg reported Thursday, citing people familiar with the matter** — The group includes the BlackRock-backed AI In

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the working

Basis

$25.0B (ceiling) — **A consortium backed by BlackRock and IFM Investors is in exclusive talks to buy Stack Infrastructure's Asia-Pacific data-center portfolio for up to $25 billion, Bloomberg reported Thursday, citing people familiar with the matter** — The group includes the BlackRock-backed AI In

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