DigitalBridge to Acquire AMP Capital’s Global Infrastructure Equity Investment Management Business

ByKristen Amber

May 3, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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Acquisition to Enrich DigitalBridge’s Capabilities in Complementary Mid-Industry Phase

Transaction will be Right away Accretive to Earnings and Enhance 2022 Guidance

DigitalBridge Team, Inc. DBRG today announced that an affiliate, DigitalBridge Investments, LLC (collectively “DigitalBridge”), has agreed to get AMP Capital’s global infrastructure fairness investment decision administration organization, component of its Collimate Money subsidiary, (The “Small business”) in a transaction valued at $328 million*, comprising upfront payments for the administration platform, fund sponsor investments, and retained performance charges, moreover opportunity contingent payments dependent on particular long run overall performance thresholds. AMP Capital’s international infrastructure equity system comprises 4 financial investment resources with $5.5 billion* in price-earning assets below administration, together with the $3.4 billion Global Infrastructure Fund II (“GIF II”) and $1.4 billion Worldwide Infrastructure Fund I (“GIF I”).

Strategic and money positive aspects of the transaction contain:

  • Improvements ‘Full Stack’ electronic infrastructure abilities: the Company matches strategically alongside DigitalBridge’s flagship benefit-add electronic infrastructure equity franchise, positioning the agency to capitalize on scaled-down, higher-return mid-current market expense possibilities.
  • Large-caliber plug-and-play expenditure staff: The experienced expenditure crew will work as a new, distinct small business unit within the DigitalBridge investment administration platform, augmenting DigitalBridge’s industry-top team of digital infrastructure experts with a shared target on creating interesting very long-expression hazard-altered returns.
  • Accretive transaction lifts steerage: On closing, 2022 projected run-amount price similar earnings (“FRE”) from the DigitalBridge IM platform is envisioned to maximize at the midpoint by somewhere around 20% more than prior advice. On closing, the Company is envisioned to be instantly accretive to DigitalBridge’s just after-tax profits for every share of Course A common stock.

“This transaction signifies a exceptional option to extend our management in digital financial commitment management,” mentioned Marc Ganzi, Main Govt Officer of DigitalBridge. “In addition to accelerating and scaling the progress of our platform, we are empowering a staff of significant-caliber financial commitment pros who share our determination to providing robust long-term returns for buyers and have major encounter investing in the worth-added mid-industry infrastructure phase directly adjacent to our flagship equity enterprise. The Company will produce speedy economic added benefits and growth possible, as we aim to greatly enhance our ability to satisfy and exceed our around- and medium-term company aims.”

A supplemental investor presentation outlining critical deal and economical conditions of the transaction is obtainable on the Shareholders segment of the DigitalBridge website and will be furnished as an show to a Latest Report on Type 8-K with the U.S. Securities and Trade Commission. The transaction is anticipated to shut prior to the close of the 12 months, matter to customary regulatory approvals.

About DigitalBridge

DigitalBridge DBRG is a top international digital infrastructure agency. With a heritage of above 25 many years investing in and running businesses across the electronic ecosystem which include mobile towers, facts centers, fiber, little cells, and edge infrastructure, the DigitalBridge staff manages a $45 billion portfolio of digital infrastructure belongings on behalf of its limited partners and shareholders. Headquartered in Boca Raton, DigitalBridge has essential places of work in New York, Los Angeles, London, and Singapore. For additional facts, go to: www.digitalbridge.com

Cautionary Statement regarding Ahead-Wanting Statements

This push release may perhaps consist of forward-searching statements within the that means of the federal securities rules. Ahead-on the lookout statements relate to expectations, beliefs, projections, potential programs and methods, predicted gatherings or trends and comparable expressions relating to matters that are not historical specifics. In some cases, you can recognize forward-searching statements by the use of ahead-seeking terminology these kinds of as “may possibly,” “will,” “should,” “expects,” “intends,” “programs,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the detrimental of these text and phrases or similar words and phrases or phrases which are predictions of or indicate long term events or trends and which do not relate solely to historical matters. Ahead-searching statements entail regarded and not known challenges, uncertainties, assumptions and contingencies, lots of of which are beyond our command, and could cause genuine benefits to vary significantly from people expressed in any ahead-on the lookout assertion. Aspects that could possibly lead to these a difference contain, without having limitation, irrespective of whether the Firm’s acquisition of the Organization will be finished in just the time body and on the conditions predicted or at all, no matter if the Corporation will know any of the anticipated added benefits from the transaction, no matter whether the acquired cash will realize returns and the Small business will proceed to develop at the fee anticipated, and other challenges and uncertainties, including all those thorough in DigitalBridge’s Yearly Report on Form 10-K for the 12 months finished December 31, 2021, and its other studies filed from time to time with the U.S. Securities and Exchange Fee (“SEC”). All ahead-searching statements reflect DigitalBridge’s great religion beliefs, assumptions and expectations, but they are not guarantees of upcoming functionality. DigitalBridge cautions investors not to unduly depend on any forward-on the lookout statements. The forward-on the lookout statements speak only as of the day of this press release. DigitalBridge is below no duty to update any of these ahead-wanting statements soon after the day of this push launch, nor to conform prior statements to precise final results or revised anticipations, and DigitalBridge does not intend to do so.

* Assumes Fx Charge AUD/USD .7162

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