Digital Colony Partners II, the latest fund marketed by Digital Colony, has picked up two new Texas pension funds as investors.
The Teacher Retirement System (TRS) of Texas and the Employees Retirement System of Texas committed $250 million and $125 million to the fund, respectively.
Digital Colony is seeking to raise $6 billion for its second fund dedicated to communications infrastructure, according to Data Center Knowledge.
Digital Colony is one of the world’s largest Digital Infrastructure investment firms investing in data centers, macro cell towers, fiber networks and small cell networks. The firm actively manages 15 portfolios and affiliated companies across the digital infrastructure space, consisting of around 350,000 tower sites, more than 95 data centers and a fiber network of more than 135,000 route miles, according to Digital Colony’s website.
In June 2019, Digital Colony completed the final closing of its inaugural fund, Digital
