We acquire NVIDIA GPU servers and deploy them through two proven structures — direct leasing and secured lending — to deliver contractual cash flows with hard asset protection.
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GPU Capital acquires NVIDIA GPU servers and leases them directly to AI Cloud Service Providers under multi-year contracts. We own the physical hardware, collect monthly lease payments, and retain the residual asset value.
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First and second lien loans to companies acquiring GPU assets. GPU-backed lending is now a recognized asset class — CoreWeave has raised $29 billion against its GPU fleet, validating the collateral framework.
Illustrative transaction based on actual deal structure
$1.3M
Investment (8x H100 Servers)
30%
Net IRR to Investors
2.35x
MOIC
30 mo
Cash Breakeven
8 NVIDIA H100 servers with OEM financing for the first 12 months. 7-year rental agreement with an AI Cloud Service Provider. Quarterly distributions begin at deployment. No J-curve — immediate cash-flowing investment.
30-50 discrete investments across 15+ CSPs, multiple GPU generations, and US/European geographies. No single-asset concentration.
Physical GPU servers with strong residual values. In default scenarios, assets can be re-leased or sold. GPU-backed lending validated at $29B scale.
Target return of capital in under 3 years — not a 10-year lockup. Reduces exposure to obsolescence risk and provides shorter duration than typical PE/RE funds.
This case study is presented solely for explanatory purposes. Prospective investors should not assume that such investments will actually be purchased by the Fund. Past performance is not indicative of future results. Please refer to the Private Placement Memorandum for complete terms, conditions, and risk factors.