Swiss Life Asset Managers Completes Investment in Telecom Infrastructure Partners Joining InfraBridge as a Key Shareholder
April 17 2024 - 3:00AM
Business Wire
InfraBridge, and Swiss Life Asset Managers, two leading
infrastructure investment managers, today announced that Swiss Life
Asset Managers has on behalf of its clients completed the
acquisition of a co-controlling equity stake in Telecom
Infrastructure Partners (“TIP”), a global lease aggregator of
telecom sites in Europe and Latin America.
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The strategic investment, initially announced on January 10,
2024, propels TIP into its next phase of exponential growth,
positioning the company to support the increasing global demand for
mobile sites and connectivity.
Damian Stanley, Managing Partner at InfraBridge, said, “As the
global demand for mobile data continues to surge, we’re thrilled to
welcome Swiss Life Asset Managers as a strategic partner. Together,
we are well positioned to capitalize on the opportunities
ahead.”
Gianfranco Saladino, Head Value-add Infrastructure at Swiss Life
Asset Managers, added, "The successful completion of this
transaction marks a significant milestone in our commitment to
investing within the telecom infrastructure sector. We look forward
to collaborating with InfraBridge and the talented team at TIP to
drive further expansion and innovation in this dynamic market.”
Eric Overman, Founding Partner and CEO at TIP, said, "
Finalizing this transaction reinforces our position as a key player
in the telecom infrastructure landscape. We are grateful for the
support of Swiss Life Asset Managers and InfraBridge and remain
committed to delivering value to our stakeholders as we embark on
this next phase of growth."
About Swiss Life Asset Managers
Swiss Life Asset Managers has more than 165 years of experience
in managing the assets of the Swiss Life Group. This insurance
background has exerted a key influence on the investment philosophy
of Swiss Life Asset Managers, which is governed by such principles
as value preservation, the generation of consistent and sustainable
performance and a responsible approach to risks. Swiss Life Asset
Managers offers this proven approach to third-party clients in
Switzerland, France, Germany, Luxembourg, the UK, Italy and the
Nordic countries. Established in 2011, the Swiss Life Asset
Managers Infrastructure Equity platform manages over EUR 10bn in
Assets under Management for its clients and partners. The team
consists of more than 65 investment specialists with an average of
over 20 years industry experience across the senior level members.
The platform has made over 75 infrastructure investments, across 15
solutions, in both direct and indirect opportunities across the
Energy, Communications, Transportation, Regulated Utilities, Social
Infrastructure and Renewable Energy sectors.
As at 31 December 2023, assets under management for third-party
clients amount to EUR 120.4 billion. Together with insurance assets
for the Swiss Life Group, total assets under management at Swiss
Life Asset Managers stood at EUR 275.4 billion. Swiss Life Asset
Managers employs more than 2200 people in Europe.
About InfraBridge
InfraBridge is a leading infrastructure investment manager
dedicated to investing in mid-market businesses in transportation
and logistics, digital infrastructure, and energy transition, among
other key sectors. The firm’s investment strategy applies private
equity rigor with an active approach to asset management to
maximize value and drive returns on behalf of investors.
InfraBridge is a division of DigitalBridge Group, Inc. (NYSE:
DBRG), a leading global digital infrastructure firm managing a $80
billion portfolio of digital infrastructure assets on behalf of its
investors. InfraBridge is headquartered in London, United Kingdom.
For more information, visit: www.infrabridge.com
About Telecom Infrastructure Partners
Telecom Infrastructure Partners (TIP) is a leading global
telecommunications and digital infrastructure investment firm. TIP
offers recipients of rent-for-mobile sites, or similar
infrastructure, a large up-front cash payout and professionally
manages the leases. TIP is led by Eric Overman who took U.S.-style
mobile site lease aggregation international, having founded
Wireless Infrastructure Partners (which became known as APWireless
after Associated Partners invested). TIP is headquartered in London
and has established mobile site lease investment businesses in 16
countries globally. For more information, visit:
www.telecom-ip.com
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InfraBridge Communications
iris.tomczyk@digitalbridge.com
Swiss Life Asset Managers Communications Phone: +41 43
547 66 88 communications@swisslife-am.com