DigitalBridge

ADIA Completes Acquisition of 40% Stake in Landmark Dividend Alongside DigitalBridge

Retrieved on: 
Tuesday, April 2, 2024

DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) has completed the acquisition of a 40% stake in DigitalBridge portfolio company Landmark Dividend LLC (“Landmark”).

Key Points: 
  • DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) has completed the acquisition of a 40% stake in DigitalBridge portfolio company Landmark Dividend LLC (“Landmark”).
  • Tim Brazy, Chief Executive Officer at Landmark Dividend, said, “We are pleased to complete this important transaction.
  • Steven Sonnenstein, Senior Managing Director at DigitalBridge and Chairman of the Board at Landmark, said, "We are thrilled to welcome ADIA as a strategic partner.
  • TAP Advisors served as financial advisor to DigitalBridge, and Simpson Thacher & Bartlett LLP served as legal advisor to DigitalBridge.

DigitalBridge to Host Investor Day on May 13, 2024

Retrieved on: 
Wednesday, March 20, 2024

DigitalBridge Group, Inc. (“DigitalBridge” or the Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that it will host an Investor Day on May 13, 2024, at 2:00 pm EDT.

Key Points: 
  • DigitalBridge Group, Inc. (“DigitalBridge” or the Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that it will host an Investor Day on May 13, 2024, at 2:00 pm EDT.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240320690135/en/
    DigitalBridge Group, Inc. will host an Investor Day on May 13, 2024, at 2:00 pm EDT.
  • A live webcast and investor day materials will be made available on the day of the event.

DigitalBridge to Participate in Upcoming Investor and Industry Conferences in March 2024

Retrieved on: 
Monday, March 4, 2024

DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge will participate in the following upcoming investor and industry events:

Key Points: 
  • DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge will participate in the following upcoming investor and industry events:
    This press release features multimedia.
  • Chris Moon, Managing Director, DigitalBridge Credit will be participating in a panel discussion on Thursday, March 14, 2024, at 10:45 am ET.
  • March 18 – 21: Infrastructure Investor Global Summit – Berlin, Germany
    DigitalBridge will be presenting at the Global Investor Forum and the Digital Infrastructure Forum.
  • Senior management executives from the firm will be conducting private 1:1 investor meetings at the conference.

DigitalBridge Reports Fourth Quarter & Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 20, 2024

DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced financial results for the fourth quarter and full year ending December 31, 2023.

Key Points: 
  • DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced financial results for the fourth quarter and full year ending December 31, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20240220316413/en/
    DigitalBridge Reports Fourth Quarter & Full Year 2023 Financial Results (Graphic: Business Wire)
    “We had a strong finish to 2023 with the best quarter in investment management fees and fee-related earnings since we assumed leadership at DigitalBridge.
  • The earnings presentation and supplemental financial presentation are available at the following links:
    The Company will conduct an earnings conference call and presentation to discuss the fourth quarter 2023 financial results today, Tuesday, February 20, 2024, at 8:00 a.m. Eastern Time (ET).
  • The earnings presentation will be broadcast live over the Internet and a webcast link can be accessed on the Shareholders section of the Company’s website at the following link - DigitalBridge Group, Inc. Fourth Quarter and Full Year 2023 Earnings Call .

DigitalBridge Appoints Data Center Pioneer Christian Belady as a Senior Advisor

Retrieved on: 
Thursday, February 8, 2024

DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that Christian Belady has been appointed as a Senior Advisor.

Key Points: 
  • DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that Christian Belady has been appointed as a Senior Advisor.
  • View the full release here: https://www.businesswire.com/news/home/20240208549445/en/
    Christian Belady Senior Advisor DigitalBridge (Photo: Business Wire)
    Mr. Belady is a distinguished industry veteran with over four decades of experience in data center and infrastructure management and development on a global scale.
  • “We are thrilled to welcome Christian to DigitalBridge and look forward to benefiting from his unparalleled expertise in data center design, development and management,” said Jon Mauck, Senior Managing Director of DigitalBridge, who leads the company’s data center investment strategy.
  • In previous roles at Microsoft, Mr. Belady led global server and data center development, including research, engineering, construction, and operations for Microsoft’s data center portfolio.

DigitalBridge to Participate in Upcoming Investor and Industry Conferences in February 2024

Retrieved on: 
Wednesday, February 7, 2024

DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge will participate in the following upcoming investor and industry events:

Key Points: 
  • DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge will participate in the following upcoming investor and industry events:
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240207082306/en/
    February 20 – 22: BofA Securities 2024 Financials Conference – Miami, FL
    Marc Ganzi, CEO of DigitalBridge will present the fireside chat on Tuesday, February 20, 2024 at 4:40 pm ET.
  • Senior Management executives from the firm will be conducting 1x1 meetings with investors at the conference.
  • Marc Ganzi, CEO of DigitalBridge will be participating in the interactive plenary, “Meet the Disrupters – Harnessing AI in Infrastructure” on Wednesday, February 28, 2024 at 4:05 pm GST.

DigitalBridge Completes Deconsolidation of Vantage SDC

Retrieved on: 
Wednesday, January 10, 2024

DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”) today announced that following the execution of a series of agreements, including the conversion of certain earnout payments to investors in Vantage SDC (Stabilized Data Centers) to equity interests in Vantage SDC and the modification of certain governance rights of Vantage SDC in connection therewith on December 31, 2023, DigitalBridge no longer holds a controlling financial interest in Vantage SDC and will deconsolidate Vantage SDC effective December 31, 2023.

Key Points: 
  • DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”) today announced that following the execution of a series of agreements, including the conversion of certain earnout payments to investors in Vantage SDC (Stabilized Data Centers) to equity interests in Vantage SDC and the modification of certain governance rights of Vantage SDC in connection therewith on December 31, 2023, DigitalBridge no longer holds a controlling financial interest in Vantage SDC and will deconsolidate Vantage SDC effective December 31, 2023.
  • With the deconsolidation of Vantage SDC, we achieved a key 2023 objective, simplifying our business profile and reporting structure, while continuing to maintain financial exposure to Vantage SDC’s high-quality data center assets serving key power-constrained North American markets.”
    Vantage SDC was the sole remaining asset in the Company’s Operating segment, which will be discontinued, with investment management as DigitalBridge’s sole line of business as of December 31, 2023.
  • The Company’s equity investment in Vantage SDC, representing a 12.8% ownership interest (diluted from 13.1% as part of this transaction and excluding interests held by limited partners in vehicles managed and consolidated by the Company) will be carried under Investments on the Company’s balance sheet.
  • Vantage SDC is a portfolio of 13 hyperscale data centers serving 4 North American markets and is managed and operated by Vantage Data Centers.

Vantage Data Centers Announces $6.4 Billion Equity Investment Led by DigitalBridge and Silver Lake

Retrieved on: 
Tuesday, January 9, 2024

Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced a $6.4 billion equity investment led by investment vehicles managed by DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), the leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader in technology investing.

Key Points: 
  • Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced a $6.4 billion equity investment led by investment vehicles managed by DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), the leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader in technology investing.
  • View the full release here: https://www.businesswire.com/news/home/20240109490842/en/
    Vantage Data Centers’ portfolio includes 32 operational or developing hyperscale data center campuses across five continents.
  • (Photo: Business Wire)
    The investment, across North America and EMEA, is incremental to the recently announced €1.5 billion to be invested by AustralianSuper in Vantage EMEA and includes expected investment from DigitalBridge and Silver Lake co-investors.
  • The new investment from DigitalBridge and Silver Lake, which follows several years of record growth at Vantage, is a key enabler of the business’ strategic growth and investment plan to meet customer demand.

DigitalBridge Strengthens Commitment to European Region with Hiring of Ersin Yorulmaz as Co-Head of European Capital Formation

Retrieved on: 
Monday, January 8, 2024

DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”) today announced it has hired Ersin Yorulmaz as Managing Director, Co-Head of European Capital Formation, effective immediately.

Key Points: 
  • DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”) today announced it has hired Ersin Yorulmaz as Managing Director, Co-Head of European Capital Formation, effective immediately.
  • He assumes the role alongside Alice Franks, who was appointed Head of European Capital Formation in February 2023.
  • Yorulmaz brings over 10 years of experience in capital formation, along with deep expertise in the DACH market.
  • “We are delighted to welcome Ersin at such an exciting time for DigitalBridge in the DACH region,” said Kevin Smithen, Chief Commercial and Strategy Officer at DigitalBridge.

Evercore ISI to Host 10th Annual Utility CEO Conference, January 11-12, 2024

Retrieved on: 
Friday, January 5, 2024

Evercore (NYSE: EVR) will host its 10th annual Utility CEO Conference in Ponte Vedra Beach, Florida, January 11-12, 2024.

Key Points: 
  • Evercore (NYSE: EVR) will host its 10th annual Utility CEO Conference in Ponte Vedra Beach, Florida, January 11-12, 2024.
  • Evercore’s annual Utility CEO Retreat One-on-One Conference brings together 30 leading companies spearheading the multidecade-long electrification of the U.S. economy.
  • The event provides unique access to the most influential U.S.-focused utilities, the decision makers driving the nation’s energy transition through solar, wind, nuclear and energy storage.
  • Evercore ISI Director of Research Marc Harris said, “Decarbonization of the U.S. economy is expected to translate into trillions of dollars in investment opportunity through 2050.