DigitalBridge Group announced the close of its digital infrastructure credit fund, DigitalBridge Credit (Onshore),together with its parallel vehicles, which raised aggregate commitments of $1.1 billion inclusive of related co-investment commitments alongside the Fund.
DBC is the inaugural fund in DigitalBridge’s credit strategy, which focuses on delivering investment solutions to support the growth of companies across the digital infrastructure sector. The Fund has a global investor base consisting of pension funds, insurance companies, sovereign wealth funds, asset managers, family offices and private wealth platforms, among others.
The DigitalBridge Credit team has made 11 investments to date, across Data Centers, Fiber, Satellite Broadband and Cloud Infrastructure.
“This closing is an important milestone for the firm’s credit platform and reflects great partnership with investors and clients,” said Dean Criares, Head of Credit at DigitalBridge. “Establishing DigitalBridge’s brand within the expanding private credit sector reflects support from senior management and the strength of our relationships and partnerships with industry experts as we source and diligence opportunities.”
Mr. Criares continued, “This is an important time to be investing in this industry and sector. We believe the addressable market in digital infrastructure is large and expanding, leaving opportunities to deliver quality assets to our investors at a predictable pace.”
- The DigitalBridge team manages $75 billion of infrastructure assets on behalf of its limited partners and shareholders.
