DigitalBridge closes its digital infrastructure after raising $1.1billion

DigitalBridge has closed its digital infrastructure credit fund, DigitalBridge Credit (DBC), after raising $1.1 billion. This fund will be used to support the growth of companies within the digital infrastructure sector. Investors, including pension funds, insurance companies, sovereign wealth funds, asset managers, family offices, and private wealth platforms, contributed to this fund.

Dean Criares, head of credit at DigitalBridge, said, “This closing is an important milestone for the firm’s credit platform and reflects a great partnership with investors and clients. Establishing DigitalBridge’s brand within the expanding private credit sector reflects support from senior management and the strength of our relationships and partnerships with industry experts as we source and diligence opportunities.”

So far, DBC has made 11 investments in the digital infrastructure sector, including data centers, fiber, satellite broadband, and cloud infrastructure. One of these investments was a financing deal for GPU-cloud provider CoreWeave.