Digital infrastructure investment firm DigitalBridge has closed its latest infrastructure fund.

The company this week announced the close of DigitalBridge Partners III (DBP III), the firm’s third value-added digital infrastructure fund, with more than $7.2 billion in fund commitments and $4.5 billion in fund LP co-investment commitments secured to date across the DBP III portfolio, bringing total capital formation for the strategy to $11.7 billion.

DigitalBridge said more than 65 percent of DBP III commitments are coming from existing partners' fund series investors, combined with several new LPs from Asia-Pacific, Europe, and North America.

"DBP III represents the next stage in our evolution as the leading digital infrastructure investment platform," said DigitalBridge CEO Marc Ganzi. "With strong fund commitments and meaningful co-investment from our LPs, this capital formation milestone positions us to scale into the opportunities we've been building toward — in hyperscale data centers, AI-enabling infrastructure, and the power and connectivity assets that underpin them. As an investor with decades of experience focused exclusively on digital infrastructure, we're investing where our operating expertise creates the most value."

DBP III’s investments to date include Vantage Data Centers North America, Yondr Group, Orange Barrel Media, FiberNow, and JTower.

"We structured DBP III with the flexibility and scale to pursue our highest-conviction opportunities across the digital infrastructure ecosystem," added Kevin Smithen, DigitalBridge chief commercial and strategy officer.

"The Fund is already deploying capital into next-generation platforms where we identified growth potential ahead of the market, including hyperscale data centers, fiber, and tower infrastructure. DigitalBridge is continuing to focus on what we do best: delivering value for our investors through proprietary sourcing, operator-driven value creation, and disciplined execution at scale."