Colony Capital buys Digital Bridge for $325m

Colony Capital has acquired Digital Bridge Holdings for $325 million as part of Colony’s strategic evolution into the leading owner and investment manager of assets, businesses and investment management products in which the digital and real estate frontiers intersect.

The Digital Bridge acquisition follows the May 2019 final closing of Digital Colony Partners, a $4.05 billion fund sponsored by Colony and Digital Bridge. Digital Colony Partners is dedicated to global opportunities in digital infrastructure and is the largest first-time institutional fund of this type.

This acquisition continues Colony’s strategy of building leading investment management platforms, adding a powerful focus on assets and businesses that benefit from the increasingly digital world, including communications infrastructure, quant-driven listed securities products, artificial intelligence, digital credit products, smart logistics industrial, private equity and emerging markets infrast