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Alternative Assets  + Real Assets  | 
DigitalBridge Debuts $1.1B Digital Infrastructure Credit Strategy

DigitalBridge Debuts $1.1B Digital Infrastructure Credit Strategy

DigitalBridge raised $1.1 billion for its debut digital infrastructure credit fund, DigitalBridge Credit (Onshore), including related co-investment commitments.

Pension funds, insurance companies, sovereign wealth funds, asset managers, family offices, and private wealth platforms are among the investors in the Boca Raton, Fla.-based firm.

The DigitalBridge Credit strategy targets debt investments across all digital infrastructure subsectors and focuses on current income-based returns in first lien term loans, second lien term loans and junior debt.

“We believe the addressable market in digital infrastructure is large and expanding, leaving opportunities to deliver quality assets to our investors at a predictable pace,” said Dean Criares, head of credit at DigitalBridge..

Over the last 25 years, the company has amassed a $75 billion portfolio of digital infrastructure assets. To date, the team has made 11 investments in data centers, fiber, satellite internet, and cloud infrastructure.

Latham & Watkins advised DigitalBridge on the formation of the fund.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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