New york: DigitalBridge Group Inc (DigitalBridge) has successfully closed DigitalBridge Partners III (DBP III), its third value-added digital infrastructure fund, amassing US$11.7 billion in total capital commitments.
According to BERNAMA News Agency, the closure includes over US$7.2 billion in fund commitments and US$4.5 billion in limited partner co-investment commitments, demonstrating robust investor confidence in DigitalBridge’s strategic approach to digital infrastructure and its unique operational model. Notably, more than 65 percent of the fund commitments originated from existing investors within the DigitalBridge Partners fund series, complemented by new limited partners from the Asia-Pacific, Europe, and North America.
DigitalBridge’s CEO, Marc Ganzi, emphasized in a statement that the fund signifies the firm’s advancement as a premier digital infrastructure investment platform. He highlighted that the substantial fund commitments and significant co-investment from limited partners position the company to capitalize on opportunities in hyperscale data centers, AI-enabling infrastructure, and the essential power and connectivity assets that support them.
Kevin Smithen, DigitalBridge’s Chief Commercial and Strategy Officer, remarked that the fund is already channeling capital into next-generation platforms with identified growth potential, including hyperscale data centers, fiber, and tower infrastructure. He reiterated DigitalBridge’s commitment to delivering value to investors through proprietary sourcing, operator-driven value creation, and disciplined execution on a large scale.
DBP III has already established a diverse portfolio featuring Vantage Data Centers North America, Yondr Group, Orange Barrel Media, FiberNow, and JTOWER. These initial investments are indicative of the firm’s strategic execution and alignment with its high-conviction strategy, focusing on proprietary opportunities where DigitalBridge possesses deep domain expertise and can unlock value through active ownership and strategic expansion.