GI Partners names John Sheputis as new managing director

GI Partners names John Sheputis as new managing director

13 August 2019 | Natalie Bannerman

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Private investment firm GI Partners has appointed John Sheputis as its new managing director.

Sheputis was formerly president of Infomart Data Centers as well as co-founder and CEO of Fortune Data Centers.

In his new role, Sheputis will responsible for leading GI Partners’ technology property acquisition and development activities.

“John’s proven track record in successfully managing the acquisition, capitalisation, development, leasing, and operation of over two million square feet of data centre properties in multiple US markets will greatly enhance GI Partners’ continued growth of its technology real estate platforms,” said Rick Magnuson, executive managing director of GI Partners. “We welcome him to our firm and look forward to benefiting from his knowledge and industry affiliations.”

In 2007, Sheputis helped to launch Fortune Data Centers, establishing the wholesale data centre segment of Silicon Valley. During this time, he oversaw the investment of hundreds of millions of dollars of development capital and executed substantial leases with major tenants. In 2014, Fortune Data Centers was acquired by the Dallas Infomart to create Infomart Data Centers. Following this in 2018, the Infomart Data Center properties were acquired by Equinix and Stack Infrastructure in two separate transactions.

Prior to this, Sheputis founded and managed numerous Silicon Valley ventures holding such roles as co-founder and COO of Totality, EVP of Operations at Solidcore, and SVP of Sales for BeVocal. 

“It is a great honour for me to join the GI Partners team, with its proven track record in technology enabled real estate assets, he said. “My experience in building IT infrastructure firms that deliver scalable innovation, strong top-line growth, and successful exits for stakeholders, will complement GI Partners’ broader focus on data driven infrastructure and businesses.”

At the start of the year, GI Partners agreed to NTT Data’s data centre facilities in  Plano, Texas, and Quincy, Washington. The deal will see NTT lease both sites back from GI on a long-term basis.