Digital Economy-Focused StratCap Exploring Strategic Alternatives for Wireless Infrastructure Fund

StratCap, a Greenwich, CT-based alternative assets management platform largely focused on digital economy assets, is exploring “strategic alternatives” for its Strategic Wireless Infrastructure Fund, Fund I, including the possible sale of its portfolio of cell towers, wireless easements and related assets.

The company is working with Media Capital Advisors (MCA), a specialist in the brokerage and valuation services to the wireless and tower sector, in its search for potential acquirers, which include cell tower and telecommunications companies, real estate firms, sovereign wealth funds, private equity investors, and pension funds.

“We’ve assembled a robust, diverse portfolio of mission-critical digital infrastructure assets that we believe will generate significant buyer interest in the marketplace,” said Todd Rowely, manager of Fund I.

The fund owned and managed a diverse portfolio that included over 100 individual assets located throughout the US at the end of last year, with approximately 218 tenant leases and approximately 50% remaining available tower capacity.