DigitalBridge Group (NYSE: DBRG) announced the closing of its digital infrastructure credit fund, DigitalBridge Credit (Onshore), which raised aggregate commitments of $1.1 billion. 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 ecosystem.
The Fund’s global investor base comprises pension funds, insurance companies, sovereign wealth funds, asset managers, family offices and private wealth platforms. The Fund is supported by both existing DigitalBridge investors and new investors with a specific interest in gaining exposure to infrastructure credit.
Dean Criares, head of DigitalBridge Credit, says the company believes the addressable digital infrastructure market is large and expanding, creating opportunities “to deliver quality assets to our investors at a predictable pace.”
The DigitalBridge Credit team has made 11 investments to date, across data centers, fiber, satellite broadband and cloud infrastructure.
DBC strategy targets debt investments across all digital infrastructure sectors, focusing on current income-based returns in first lien term loans, second lien term loans, and junior debt.
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