RCS - DTCP - DTCP Closes Digital Infrastructure Vehicle II

Eqs AGAnnouncement

18/04/2024 10:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240418:nRSR1607La&default-theme=true

RNS Number : 1607L  DTCP  18 April 2024

 DTCP Successfully Closes Digital Infrastructure Vehicle II

and Associated Co-Investment Vehicles at ~ €1.6 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 €1.6 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 €150 to €250
 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 2(nd) 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       DTCP@kekstcnc.com (mailto:DTCP@kekstcnc.com)

Kekst CNC
 Phone: +44 7814 930 261
 DTCP Investor Relations  melanie.boettcher@dtcp.capital (mailto:melanie.boettcher@dtcp.capital)

Melanie Böttcher
 Phone: +49 176 84210634

 

Dissemination of a Corporate News, transmitted by EQS News - a service of EQS
 Group AG.

The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
 Financial/Corporate News and Press Releases.
 Archive at www.eqs-news.com

 

 

Dissemination of a Corporate News, transmitted by EQS News - a service of EQS
Group AG.

The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

 

 Language:     English
 Company:      DTCP
               Am Sandtorpark 2
               20457 Hamburg
               Germany
 Internet:     https://www.dtcp.capital/
 EQS News ID:  1882877

 

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAEAPLPFEKLEEA