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Laxman Pai, Opalesque Asia: Global alternative asset manager DigitalBridge raised $1.1 billion for its inaugural digital infrastructure credit fund, DigitalBridge Credit (Onshore) or DBC, including related co-investment commitments.
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, said a press release from the digital infrastructure firm.
The credit strategy drew support from both new and existing investors seeking exposure to infrastructure credit, including pension funds, insurance companies, sovereign wealth funds, asset managers, family offices, and private wealth platforms.
"This closing is an important milestone for the firm's credit platform and reflects a 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."
The DigitalBridge Credit strategy targets debt investments across all digital infrastructure subsectors and focuses on current income-based returns in first-lien term loans, second-lien term loans, and junior debt.
"This is an important time to be investing in this industry and sector. We believe the addressable market in digital...................... To view our full article Click here
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