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Digital Alpha Announces Closing of Second Digital Infrastructure Fund at Over $1 Billion - Digital Alpha has pioneered a JV investment model for digital infrastructure, which includes strategic partnerships with Silicon Valley industry leaders. - Investments focus on leading next-gen networks, cloud and IoT/smart city platforms. - The Fund was oversubscribed, exceeding its initial hard cap, bringing Digital Alpha s total Assets under Management to over $1.5B. News provided by Share this article Share this article SAN FRANCISCO, April 20, 2021 /PRNewswire/ Digital Alpha Advisors ( Digital Alpha ), a leading digital infrastructure investment firm, today announced the closing of Digital Alpha Fund II, L.P. (the Fund or Fund II ), over its initial hard cap with over $1 billion in commitments. The Fund was oversubscribed and continues the same successful strategy of investing in digital infrastructure assets, companies and revenue share arrangements ....
Digital Alpha Raises $1 Billion for Second Infrastructure Fund Gillian Tan, Bloomberg News (Bloomberg) Digital Alpha, a U.S. investment firm focused on digital infrastructure, has raised more than $1 billion for its second fund. The vehicle Digital Alpha Fund II LP will build a portfolio of about a dozen investments. The fund won backing from sovereign wealth funds, pension funds, endowments and other investors from North America, Europe and the Middle East. âWeâre proud of the role our investments play in providing secure connectivity for private and public sector stakeholders during the pandemic,â Rick Shrotri, Digital Alphaâs founder and managing partner, said in an emailed statement. ....
Digital Alpha raises more than $1 billion for infrastructure fund Digital Alpha Advisors closed its second digital infrastructure fund at more than $1 billion. Digital Alpha Fund II exceeded its initial hard cap, a news release said. A person familiar with the fund said the target was $750 million and the initial hard cap was $1 billion. The fund, $300 million of which has already been committed across three deals, invests in digital infrastructure assets, companies and revenue-share agreements the same strategy as its Digital Alpha Fund I. Details on the first fund s closing amount were not available. Investments focus on three key areas: next-generation networks, such as 5G infrastructure investments and Wi-Fi 6 solutions across the globe; cloud computing; and internet of things-enabled smart city solutions. Executives are looking to build a diverse portfolio of about 12 anti-fragile investments, which have resilient business models. ....
Digital Alpha Raises $1 Billion for Second Digital Infrastructure Fund The fund will invest in next-gen networks, cloud computing, and IoT-enabled smart city tech, rather than fiber cables, data centers, and wireless towers. Bloomberg | Apr 20, 2021 Gillian Tan (Bloomberg) Digital Alpha, a U.S. investment firm focused on digital infrastructure, has raised more than $1 billion for its second fund. The vehicle Digital Alpha Fund II LP will build a portfolio of about a dozen investments. The fund won backing from sovereign wealth funds, pension funds, endowments and other investors from North America, Europe and the Middle East. “We’re proud of the role our investments play in providing secure connectivity for private and public sector stakeholders during the pandemic,” Rick Shrotri, Digital Alpha’s founder and managing partner, said in an emailed statement. ....
Sharecare and Digital Alpha announce a strategic collaboration to strengthen the nexus of healthcare and digital infrastructure across America Digital Alpha to commit $100 million in outcome-based financing to communities to accelerate well-being improvement initiatives with Sharecare News provided by Share this article Share this article ATLANTA, Feb. 19, 2021 /PRNewswire/ Digital Alpha, a leading digital infrastructure investment firm, and Sharecare, the digital health company that helps people manage all their health in one place, today announced the initiation of a strategic collaboration to accelerate their shared vision to improve the economic health of communities and the well-being of their citizens. In addition to bringing Sharecare differentiated expertise and relationships in sustainable communities to help states, cities, and counties meaningfully improve community well-being, Digital Alpha will commit $100 million in outcome-based financin ....