Digital Transformation Capital Partners (DTCP) Arranges Second Closing of Digital Infrastructure Vehicle II at c. €1 Billion


  • The fund has raised capital from leading international investors, including BlackRock and abrdn, in addition to existing investors
  • Target investments in the areas of fiber networks, mobile towers and data centers
  • 730 million euros already committed, solid deal pipeline in place

HAMBURG, GERMANY / LONDON, UK / LUXEMBOURG / ACCESSWIRE / August 30, 2022 / DTCP successfully completed the second closing of its Digital Infrastructure Vehicle II (“DIV II” or “the Fund”) at approximately €1 billion. The fund launched in June 2021 and has raised additional capital from top new international investors, including BlackRock and abrdn, as well as a Middle East sovereign wealth fund and various German insurance companies. The Fund will continue to raise significant capital until its final closure in 2023.

DIV II invests in digital infrastructure – fiber networks, mobile towers and data centers – to accelerate digital transformation and create value for its investors, portfolio companies and society. The Fund focuses on opportunities with defensible market positions and the potential for long-term value creation through minority or majority European equity investments. The Fund is targeting eight to ten equity investments in a range of 150 to 250 million euros, offering significant co-investment opportunities to its investors.

Vicente Vento, Founder and CEO of DTCP and Managing Partner of DIV II, says: “We would like to thank our existing and new investors for their support and confidence. Our existing portfolio is showing strong performance and our investment portfolio holds many attractive opportunities that offer attractive risk-adjusted returns. The second close of DIV II is an important step in our quest to accelerate digital transformation and create a diverse, equal and carbon-neutral digital society.”

The Fund has already committed €730 million to four operations. DIV II was one of the founding investors in the new Cellnex NL, the leading independent telecommunications tower company in the Netherlands, resulting from the combination of the tower businesses of Deutsche Telekom and Cellnex. DIV II has invested alongside other leading investors in Open Dutch Fiber and E-Fiber, which together constitute the largest independent fibre-to-the-home network in the Netherlands. Finally, the Fund recently signed its latest investment in a leading European data center company, which is expected to close shortly.

DIV II is considered an Article 8 fund under the European Sustainable Finance Disclosure Regulation (SFDR), aiming to invest at least 20% of capital in assets qualifying as sustainable investments. DIV II is committed to reducing its overall greenhouse gas emissions and becoming net carbon zero at portfolio company level by 2040.

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About DTCP ( Digital Transformation Capital Partners )

DTCP is an independent investment management firm focused on digital transformation. DTCP Infra invests in fiber networks, mobile towers and data centers. DTCP Growth invests in leading cloud-based enterprise application software companies.

The driving force behind the company’s strategies is the belief that the convergence of networks, devices and the Internet is creating more wealth, disrupting more businesses and unleashing more innovation than any force in the world. history of technology.

DTCP and its subsidiaries have offices in Hamburg, London, Luxembourg, San Francisco, Seoul and Tel Aviv. To learn more about DTCP, please visit dtcp.capital .

Investor and Media Inquiries

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THE SOURCE: Digital Transformation Capital Partners

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