SDC Capital Partners (SDC), a specialised private equity firm focused on the IT and communications infrastructure sectors, has held the final close of its inaugural fund, SDC Digital Infrastructure Opportunity Fund I, at its hard cap of USD400 million.
The Fund was oversubscribed and materially exceeded its original USD300 million target.
The Fund will seek to leverage SDC’s deep sector-specific experience to make value-add investments across the digital infrastructure sector. SDC has already made three investments from the Fund, most recently through the acquisition of a 280-acre data centre development site in Loudoun County, Virginia.
“We are gratified that our experience and strategy has resonated so greatly with the institutional investment community,” says Todd Aaron, SDC’s Founder and Managing Partner. “We continue to believe that our team’s significant operational experience and deep sector knowledge will yield a differentiated ability to source proprietary investment opportunities and ultimately to create value for our investors.”
The Fund will invest globally and is flexible with respect to the structure of its investments. The Fund’s limited partners are comprised of a diverse set of institutional investors including several university endowments, pension funds, private foundations and family offices.
Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to the Fund and Eaton Partners served as the exclusive placement agent.
