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Eli Scher

Eli Scher

Chairman, OPEN-IX

Eli D. Scher was most recently the founder and CEO of two greater Chicago digital infrastructure assets: New Continuum Data Centers and United Internet Exchange before selling those businesses to SBA Communications in July 2019. In that role he re-developed a high-performance data center, constructed a fiber network and internet exchange fabric and grew critical load to over 1MW. Scher continues to consult SBA Communications while actively seeking new digital infrastructure investments.

Prior to New Continuum, he worked as an analyst at prominent New York hedge funds where he analyzed corporate securities. Previously, Mr. Scher co-founded and served as CEO of GSME Capital Partners, a private, early stage investment partnership, and GSME Acquisition Partners I, a publicly traded acquisition vehicle.

Additionally, he was Chief Financial Officer and director of MCG Group a Shanghai-based LED-advertising company, and was the co-founder, President and CFO of Fundamental Films.

He currently serves as on the board of directors of HMMI, a specialized manufacturer of extremely large and complex steel components.

Eli serves as the Chairman of the Board for the Open-IX Association and previously served as the Chairman of the Data Center Committee.

Mr. Scher received his AB from Princeton University.