Luxembourg AI Infrastructure Firm LIAN Considers IPO, Targeting ~$500 Million Raise

PANews, September 17 - According to Bloomberg, LIAN Group, a Luxembourg-based AI and computing infrastructure developer, is considering an initial public offering with a raise of approximately $500 million. Managing Partner Fiorenzo Manganiello said the company has hired STJ Advisors to help select underwriters, with a listing planned for next year. The listing venue, between Europe and the U.S., has not yet been determined, and a final decision has not been made, with the offering size subject to change. LIAN was founded by Manganiello and Nessim-Sariel Gaon, with projects including Norwegian data center platform PolarDC (HIG Capital acquired a majority stake in 2024) and Israeli platform Anan.