The DigitalBridge Group has announced that DigitalBridge Partners II has closed fundraising with US$8.3 billion in commitments, surpassing its original target of US$6 billion.

The Fund received strong demand from a group of new and existing investors, resulting in an over 100% re-up rate from the predecessor fund based on committed capital and over 70% based on the number of investors. The fundraising was launched in the Summer of 2020, and fundraising efforts were concluded early in the fourth quarter of 2021.

The fund has already invested in nine portfolio companies across towers, easements, hyperscale data centers, edge infrastructure, indoor DAS infrastructure and fiber, running reliable, mission-critical network infrastructure for many of the world’s leading hyperscale cloud providers and mobile network operators.