DTCP Successfully Closes Digital Infrastructure Vehicle II and Associated Co-Investment Vehicles at ~ EUR1.6 Billion
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Emittent / Herausgeber: DTCP / Schlagwort(e): Private Equity/Fonds
DTCP Successfully Closes Digital Infrastructure Vehicle II and Associated
Co-Investment Vehicles at ~ EUR1.6 Billion
18.04.2024 / 09:19 CET/CEST
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.
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DTCP Successfully Closes Digital Infrastructure Vehicle II
and Associated Co-Investment Vehicles at ~ EUR1.6 Billion
* 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, London, Frankfurt, Luxembourg, 18 April 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 EUR1.6
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 EUR150 to EUR250
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 2nd 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 [1]DTCP@kekstcnc.com
Kekst CNC Phone: +44 7814 930 261
1. mailto:DTCP@kekstcnc.com
DTCP Investor Relations [1]melanie.boettcher@dtcp.capital
Melanie Böttcher Phone: +49 176 84210634
1. mailto:melanie.boettcher@dtcp.capital
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Sprache: Deutsch
Unternehmen: DTCP
Am Sandtorpark 2
20457 Hamburg
Deutschland
Internet: https://www.dtcp.capital/
EQS News ID: 1882877
Ende der Mitteilung EQS News-Service
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Quelle: dpa-AFX
