Infrastructure Secondaries Daily

15%-30% NAV Bids, $25B Data-Center Stakes

Wednesday, July 15, 2026 · 8 min

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Cox Capital’s HLEND, ADS and ASIF tender offers price retail-credit liquidity at 15% to 30% below May NAV, while U.S. data-center owners pitch stake sales that could put Data Bank near $25 billion.

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Cox Capital’s HLEND, ADS and ASIF tender offers price retail-credit liquidity at 15% to 30% below May NAV, while U.S. data-center owners pitch stake sales that could put Data Bank near $25 billion.

In this episode

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