Sheet 04 — Capital & Partners
Permanent capital, operating in person.
Ferrock AI is operated as a multi-family office. The people underwriting each campus are the people who own it, alongside PAG, Mercuria, and six anchor families.
Funds rent capital for a decade and spend year nine looking for the exit. Families own things. We built Ferrock to own the ground, the buildings, and the schedule — and to keep them.
How the money works
Funded before it's needed.
Land on the family balance sheet, development through committed sleeves, expansion alongside institutions who have walked our sites.
Ferrock Holdings — Land & Power
The family office buys and entitles ground with its own capital. Closings in days, no financing contingencies.
Development Capital — Anchor Families & Mercuria
Committed construction funding, drawn per 48 MW block. Gear and factory slots are paid from commitments.
Institutional Co-Investment — PAG & Partners
Campus and APAC expansion capital alongside one of Asia-Pacific's largest alternative investment firms.
Asia-Pacific scale, on call
Institutional co-investment, and the regional depth that makes Johor and Kansai executable.
$55B+ AUM · 15 officesEnergy-market depth, from day one
One of the world's largest independent energy and commodities groups, and Ferrock's founding capital. Their power-market reach sharpens every interconnection we underwrite.
Founding partner · Since 2022The fastest factory in the industry
Priority production capacity with the prefab pioneer whose record delivery became our standard.
90% prefab · 8-mo recordThe tenant network
The tenant network.
The tenant network spans 40+ counterparties, including three of the five largest hyperscalers. Demand precedes groundbreak on every campus, and we don't print logos.
- TN-13 of the top 5 hyperscalers in active requirement dialogue
- TN-2Frontier AI labs with multi-campus training and inference roadmaps
- TN-3Sovereign-adjacent platforms that need careful jurisdiction
For capital partners
Families and institutions: build alongside owners.
Co-investment starts with a site walk.