Deals
Digital Colony Has Raised $4.1 Billion for Its Second Fund
- Investment firm is targeting $6 billion for its second vehicle
- Vehicle has formed three platforms, one focused on Asia towers
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Digital Colony, an arm of Colony Capital Inc., held a first close of more than $4.1 billion for its second fund dedicated to global communications-infrastructure investments, according to a memo sent to investors obtained by Bloomberg News.
Digital Colony, led by Colony Chief Executive Officer Marc Ganzi, is targeting $6 billion for the fund, the memo shows, confirming a Bloomberg report from May.