DigitalBridge Group, Inc. announced the close of its digital infrastructure credit fund, DigitalBridge Credit (DBC), LP, together with its parallel vehicles, which raised aggregate commitments of US$1.1 billion inclusive of related co-investment commitments alongside the Fund.
DBC represents the inaugural fund within DigitalBridge's credit strategy, dedicated to providing investment solutions that foster the growth of companies in the digital infrastructure sector. The fund boasts a global investor base, including pension funds, insurance companies, sovereign wealth funds, asset managers, family offices, and private wealth platforms. Both existing DigitalBridge investors and new investors keen on exposure to infrastructure credit support the fund. The DigitalBridge Credit team has executed 11 investments across various sectors, such as Data Centers, Fiber, Satellite Broadband, and Cloud Infrastructure. The credit strategy focuses on debt investments throughout the Digital Infrastructure landscape, emphasizing current income-based returns in first-lien term loans, second-lien term loans, and junior debt. Latham & Watkins LLP provided advisory support to DigitalBridge in establishing the fund.
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