New York-based Wafra Inc. is acquiring a minority stake in Digital Colony, the digital investment management division of Los Angeles-based Colony Capital, as well as making an investment in Digital Colony. In total, it is expected that Wafra’s strategic investment will total more than $400 million in the Digital Colony platform.
Wafra’s investment will provide Digital Colony with permanent capital to pursue strategic investments across the digital infrastructure ecosystem, including cell towers, data centers, fiber, and small cells. Additionally, Wafra will also make capital commitments to Digital Colony’s current and future investment products to support and accelerate the growth of its investment management business.
Colony Capital plans to use the proceeds to invest in high-quality digital infrastructure assets that deliver consistent returns for Colony Capital shareholders and grow its digital investment management business by extending its equity franchise and launching new investment products.
For comments, questions or concerns, please contact Dennis Kaiser
Request for Talent
RFT is going against the tide of mega-meta-job boards which are more interested in selling advertisements than actually filling positions for their clientele. RFT focuses in Real Estate Development, Construction Management, Architecture, Asset Management, Real Estate Investments and their related industries . Through our deep connections in the real estate arena RFT can reach active and passive candidates in a way no other “job board” offers or is willing to do. RFT is not a “job board” it is your “RECRUITING CLOUD”
Request For talent is sponsored by Gillian Executive Search, Inc. – recruiters in real estate development, construction management, architecture, real estate finance, asset management and more.