EQS-News

DTCP Successfully Closes Digital Infrastructure Vehicle II and Associated Co-Investment Vehicles at ~ €1.6 Billion

Emittent / Herausgeber: DTCP / Schlagwort(e): Private Equity/Fonds DTCP Successfully Closes Digital Infrastructure Vehicle II and Associated Co-Investment Vehicles at ~ €1.6 Billion 18.04.2024 / 09:19 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. DTCP Successfully Closes Digital Infrastructure Vehicle II and Associated Co-Investment Vehicles at ~ €1.6 Billion

 

• DTCP has raised capital from new and existing institutional investors for its second-generation specialist Digital Infrastructure Fund
• The Fund invests in digital infrastructure including data centers, fiber networks, and mobile access sites
• The Fund and its associated vehicles have exceeded the total volume of its predecessor fund by eight times

 

Hamburg, London, Frankfurt, Luxembourg, 18 April 2024: DTCP, an independent investment management firm focused on digital transformation, is pleased to announce that it has successfully held the final close of its Digital Infrastructure Vehicle II (“DIV II” or “the Fund”). DIV II and its associated vehicles reached the fundraising target of approximately €1.6 billion, eight times larger than the predecessor fund.

The Fund has attracted capital from global investors predominantly from Europe, US, Middle East and South Korea. Several investors increased their initial commitment to the fund, underscoring their commitment to DTCP’s specialist digital infrastructure strategy and its investment focus on data centers, fiber networks and mobile access sites.

DTCP's value proposition is marked by its emphasis on exclusive deal access, an attractive risk/return profile, structuring capabilities aimed at mitigating downside risks, and the implementation of value creation strategies for our portfolio companies.

Vicente Vento, Founder & CEO of DTCP, and a Managing Partner of DIV II, said: “We are very pleased with this result and thankful to our partners for their continued support. The calibre of investors validates our specialist investment strategy and attests to the quality of the team, the DTCP brand, and the investments made so far. Our focus for 2024 will be on investing the remaining capital and generating further value in the existing portfolio.”