Digital Alpha Advisors has raised more than $1 billion for its Digital Alpha Fund II, with capital coming from sovereign wealth funds, pension funds, endowments, foundations, consultants and health systems primarily from North America, Europe and the Middle East.
Like its predecessor, Digital Alpha Fund II will have core focus and invest in operating companies and revenue-share deals across next-generation networks such as 5G infrastructure, cloud computing and IoT-enabled smart city solutions.
The fund will seek to build out a diverse portfolio of roughly a dozen “anti-fragile” investments with resilient business models in major operating companies and related yield-oriented revenue share structures.
The fund has committed $300 million across three deals, to date. These include a novel network edge solution with Cisco, Qwilt and British Telecom; a $185 million investment in network access provider WeLink Communications; and a $100 million commitment with he