News & media Cordiant announces further progress with digital franchise
Cordiant is pleased to announce that, following on from the IPO, it has raised another ~USD 260 million for its core digital infrastructure equity strategy.
This brings total capital raised in Cordiant Digital infrastructure Limited (CORD:LSE) thus far in 2021 to ~USD 840 million.
Cordiant Digital Infrastructure Limited is focused on investing in core digital assets in Europe, The U.K. and North America. Announced investments to date include CRA (a diversified platform of towers, fibre and data centres in the Czech Republic, which has a GDP per capita higher than Spain or Italy) and a long distance fibre network in Norway (currently under binding LOI).
Cordiant’s second digital infrastructure equity vehicle is an opportunistic strategy, also focused on Europe and North America (seeing more opportunity in the latter) that will be structured as a Luxembourg-based GP/LP fund.
Cordiant is a sector-focused infrastructure investor with specialist teams in digital infrastructure, renewable energy infrastructure, agriculture, transport infrastructure and credit. It invests globally through equity-, debt and specific impact- funds.
In addition to Cordiant Digital II, the firm runs opportunistic credit strategies (such as Cordiant VII) and is marketing funds in global agriculture finance, European renewable energy equity, and an energy/transport/digital equity fund focused on West Africa.
The firms manages funds with committed capital of ~USD 3 billion through its offices in Montreal (HQ), London, Luxembourg, and Sao Paulo.
Notes to Editors:
Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy – data centres, fibreoptic networks and broadcast and telecommunication towers – “the plumbing of the internet” – in the UK, Europe and North America. Further details of the Company can be found on the Company’s website at www.cordiantdigitaltrust.com.
Cordiant Capital Inc., the Company’s appointed investment manager, is a sector-focused investment manager with particular expertise and experience in digital infrastructure. Cordiant invests in global infrastructure and real assets, running infrastructure private equity and infrastructure private credit strategies through limited partnership funds and managed accounts. Cordiant’s current client base consists of global insurance companies, pension plans and family offices. The firm has offices in London, Luxembourg, Montreal and Sao Paulo.
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Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Cordiant Digital and its affiliates do not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Cordiant Digital and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
