DigitalBridge Investments, an affiliate of DigitalBridge Group, is to acquire AMP Capital’s global infrastructure equity investment management business, part of its Collimate Capital subsidiary, in a transaction valued at $328 million, comprising upfront payments for the management platform, fund sponsor investments, and retained performance fees, plus potential contingent payments based on certain future performance thresholds.
AMP Capital’s international infrastructure equity platform comprises four investment funds with $5.5 billion in fee-earning assets under management, including the $3.4 billion Global Infrastructure Fund II (GIF II) and $1.4 billion Global Infrastructure Fund I (GIF I).