DTCP (Digital Transformation Capital Partners), an independent investment management firm focused on digital transformation, has held the second closing of its Digital Infrastructure Vehicle II (DIV II) at around €1 billion ($997 million).
The fund was launched in June 2021 and has raised additional capital from new, high-profile international investors, including BlackRock and abrdn, as well as a sovereign wealth fund from the Middle East and various German insurance companies.
DTCP said the fund will continue to raise significant capital until its final closing in 2023.
“We would like to thank our existing and new investors for their support and trust,” said Vicente Vento, founder and CEO of DTCP and managing partner of DIV II. “Our existing portfolio is performing strongly, and our investment pipeline holds many exciting opportunities that offer attractive risk-adjusted returns. The second closing of DIV II is an important milestone in our journey to