AJP Investment Fund Limited has officially entered the US technology market, unveiling two new operational centres in San Francisco, California, and Austin, Texas. This marks the firm’s inaugural brick-and-mortar presence on American soil.
Originally focused on private investment within infrastructure and advanced technologies, AJP’s decision to anchor itself in two of the United States’ leading tech ecosystems signals a strategic shift towards more direct involvement in innovation hotspots.
The San Francisco branch is strategically located within the financial district, offering access to top-tier research institutions and prominent players in the AI sector.
Meanwhile, the Austin site is nestled within Texas’s rapidly expanding aerospace and semiconductor belt—close to high-profile operations such as SpaceX’s Starbase, TSMC’s $65 billion development in Phoenix, and Tesla’s Gigafactory.
Commenting on the development, AJP’s Chief Investment Officer, Bill Stevenson, remarked: “Our physical presence in these markets isn’t symbolic—it’s operational. We’re embedding our teams where algorithms are refined, rockets are tested, and microchips are forged. This is fiduciary responsibility meeting industrial pragmatism.”
According to internal reports, the firm will distribute its $1.5 billion portfolio as follows: 40% towards AI infrastructure and quantum computing; 35% for space logistics and launch tech; and 25% for boosting domestic semiconductor output.
AJP confirms that its focus aligns closely with US federal efforts such as the CHIPS and Science Act and NASA’s commercial collaboration programmes. The Austin team is already consulting on R&D in hypersonic materials, while the San Francisco unit is advancing liquid-cooled data centre projects for next-generation AI systems.
The company outlined several upcoming priorities:
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Commencement of a semiconductor testing facility near Phoenix, Arizona in Q3 2025
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A formal partnership announcement with NASA expected by August 2025
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Expanded academic ties with the University of Texas at Austin
AJP’s initiative reflects a larger shift across the tech sector as private capital increasingly targets infrastructure projects amid growing calls for national “tech sovereignty” in the wake of US-China tech decoupling.
This capital reallocation—from pure software plays to hard infrastructure such as data centres, chip foundries and launch facilities—is now viewed as key to future-proofing technological competitiveness.
With public listings remaining relatively inactive, private funds are increasingly filling the void, sustaining the development of transformative technologies via secondary markets and strategic investments.
In pursuing this strategy, AJP underscores a broader trend in which institutional investors prioritise physical technology infrastructure as the bedrock of innovation.
