Telecom Towers

The Digital Infrastructure Vehicle II ("DIV II") has successfully closed at approximately €1.6 billion, almost eight times larger than its predecessor fund. The Fund has attracted capital from global investors predominantly from Europe, US, Middle East and South Korea. It focuses on data centers, fiber networks and mobile access sites, and is targeting equity investments in the range of €150 to €250 million and will invest in 8-10 companies. The fund is located in Hamburg, Germany. In addition, DIV II is categorized as an Article 8+ fund and aims to have a minimum of 20% of its assets meet sustainable investment criteria. The fund also pledges to decrease its total greenhouse gas emissions and achieve carbon net-zero across its portfolio companies by the year 2040. The fund has achieved a GRESB 5-star rating, ranking 2nd out of 46 participating European PE infrastructure funds. Plans are underway for the next fund generation in the digital infrastructure sector, with a potential launch in 2025.