Simpson Thacher represented DigitalBridge Group, Inc. in connection with the close of DigitalBridge Partners III, LP (“DBP III”), its third flagship value-added digital infrastructure fund, with over $7.2 billion in fund commitments and an additional $4.5 billion in fund LP co-investment commitments secured to date across the DBP III portfolio, bringing total capital formation for the strategy to $11.7 billion.
DigitalBridge Group, Inc. is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of 30 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages $108 billion of infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, DigitalBridge has key offices in Los Angeles, New York, London and Singapore.
The Simpson Thacher team included Parker Kelsey, Nick Brown, Sung Won Choi, Tarek Hussamy, Jimmy Leyden, Michael Regard, Deniz Demirci, Luis Aguilera, Andrew Han, Tyler LeBlanc and Ethan McGinty (Funds); Drew Purcell, Brian Mendick, Paul Jansch and Heesang Yeo (Tax); Jeanne Annarumma (ERISA); and Jen Levitt and John Graham (Credit).