DigitalBridge Group (NYSE: DBRG) has hired Ersin Yorulmaz, CFA, as Managing Director, Co-Head of European Capital Formation, effective immediately. He assumes the role alongside Alice Franks, who was appointed Head of European Capital Formation in February 2023.
Yorulmaz’s appointment further solidifies what DigitalBridge characterizes as an already strong commitment to the DACH region (Germany, Austria, Switzerland), and more broadly across Europe, with the firm’s existing regional client base and portfolio of investments across all digital infrastructure asset classes. In 2022, DigitalBridge led the acquisition of a majority stake in GD Towers, Germany’s largest tower company, in a transaction valued at $17.5 billion, Inside Towers reported.
Yorulmaz brings over 10 years of experience in capital formation, along with deep expertise in the DACH market. He was previously at BlackRock (NYSE: BLK) where he served as Country Lead of Alternatives Distribution for Germany, Austria, and Eastern Europe, leading capital raising efforts across private markets. The company said that Yorulmaz brings relationships with LPs in the region, having expanded BlackRock’s institutional client base with pension funds, insurers, savings banks, foundations, and the private wealth segment. Prior to joining BlackRock in 2015, Yorulmaz was an Investment Solutions Consultant at Julius Baer.
Kevin Smithen, DigitalBridge Chief Commercial and Strategy Officer says, “Ersin will be based in Zurich and brings tremendous regional expertise along with extensive fundraising experience that will greatly benefit our growing DACH LP-base and portfolio of investments in the region.”
“In an era that will increasingly be defined by groundbreaking technologies and generative AI, the significance of robust digital infrastructure cannot be overstated,” Yorulmaz points out. “I am excited to collaborate with the leaders at DigitalBridge, in Europe and globally, as we work towards a future where technology empowers and transforms societies.”
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