Private investment firm Snowhawk has closed its first fund.

The company this week announced the final close of Snowhawk Capital Digital Opportunities Fund I LP (Fund I), the firm's inaugural fund. The company has secured $1.3 billion in commitments to Fund I and separate deal-level co-investments.

Supported by institutional investors including public and private pension plans, sovereign wealth funds, and insurance companies, Fund I will invest in digital infrastructure assets and services across North America, with a focus on controlling investments in the lower middle market.

Brian McMullen, Snowhawk co-founder and managing partner, said:

"We appreciate the support of our limited partners in establishing Snowhawk's inaugural fund. We believe the current environment presents a singular, compelling opportunity set in digital infrastructure, particularly in segments of the market where complexity and operational intensity create barriers to entry. Our focus remains on disciplined underwriting and building high-quality platforms alongside management teams."

Founded in 2022, Snowhawk is a private investment firm focused on majority investments in cloud, connectivity, and technology services businesses. The company has $1.8bn of assets under management. Its investments include Prime Data Centers and CleanArc Data Centers.