Alaska Permanent Fund Corp. has disclosed two commitments to infrastructure funds: $75 million to Digital Colony Partners II and $50 million to EnCap Energy Transition Fund I.
The investments were made on behalf of the sovereign wealth fund’s private income and infrastructure asset class.
Digital Colony Partners II is Digital Colony’s second fund dedicated to communications infrastructure. The fund is targeting a well-diversified portfolio across digital infrastructure assets, including communication towers, fiber, small-cell and data centers, and has a $6 billion fundraising target.
EnCap Energy Transition Fund I is managed by EnCap Investments, a U.S. private equity firm specializing in the oil and gas industry. The fund close