checkAd

     121  0 Kommentare 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 FundThe Fund invests in digital infrastructure including data centers, fiber networks, and mobile access sitesThe Fund …

    • 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, UK / FRANKFURT, GERMANY / ACCESSWIRE / April 18, 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."

    The Fund is targeting equity investments in the range of €150 to €250 million, along with significant on-top co-investment opportunities for its investors. Early deployment momentum has been strong, and about two-thirds of the Fund are already invested, all of which have hit significant growth milestones under DTCP ownership.

    DIV II is classified as an Article 8+ fund in accordance with the EU Sustainable Finance Disclosure Regulation (SFDR), aiming to have a minimum of 20% of its assets meet sustainable investment criteria. DIV II pledges to decrease its total greenhouse gas emissions and achieve carbon net-zero across its portfolio companies by the year 2040. In 2023 the Fund achieved a GRESB 5-star rating, ranking 2 nd out of 46 participating European PE infrastructure funds.

    Currently, the DTCP Infra team is focused on managing the portfolio and expanding the fund's holdings. Plans are underway for the next fund generation in the digital infrastructure sector, with a potential launch in 2025.

    ENDS

    DTCP Media Contact
    Kekst CNC
    DTCP@kekstcnc.com
    Phone: +44 7814 930 261
    DTCP Investor Relations
    Melanie Böttcher
    melanie.boettcher@dtcp.capital
    Phone: +49 176 84210634

    SOURCE: DTCP



    View the original press release on accesswire.com




    Accesswire
    0 Follower
    Autor folgen
    Mehr anzeigen
    We’re a newswire service standout and fast becoming an industry disruptor. We provide regional, national and global news to thousands of clients around the world. We’re also leading the way in social engagement, targeting and analytics.
    Mehr anzeigen
    Verfasst von Accesswire
    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 FundThe Fund invests in digital infrastructure including data centers, fiber networks, and mobile access sitesThe Fund …