BOCA RATON, FL – DigitalBridge Group Inc.'s investment management platform, DigitalBridge Investment Management has closed its second flagship fund, DigitalBridge Partners II LP with $8.3 billion in commitments.
The total raise surpasses the fund's original target of $6 billion.
Due to strong demand from a global group of new and existing investors, DigitalBridge Partners II LP achieved a more than 100% re-up rate from the firm's inaugural fund, based on committed capital and more than 70% based on the number of investors.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
