Snowhawk Closes Inaugural Digital Infrastructure Fund at $1.3 Billion

– Snowhawk LP is a private investment firm focused on digital infrastructure with $1.8 billion in assets under management.

– The firm announced the final close of Snowhawk Capital Digital Opportunities Fund I LP (“Fund I”).

– Fund I closed with approximately $1.3 billion in commitments, including separate deal-level co-investments.

– Fund I will invest in digital infrastructure assets and services across North America.

– Snowhawk’s strategy focuses on control-oriented investments in the lower middle market.

– The fund targets sectors supporting the growth of cloud computing and AI, connectivity, and technology-enabled services.

– Snowhawk aims to leverage its sector specialization and operational expertise to create differentiated outcomes.

– Fund I received support from public and private pension plans, sovereign wealth funds, insurance companies, and other institutional investors.

– Managing Partner Brian McMullen highlighted strong LP support, attractive market opportunities in digital infrastructure, and Snowhawk’s focus on disciplined underwriting and partnership with management teams.

– Founding Partner Robert Reid snow emphasized disciplined capital deployment, strong transaction fundamentals, investor alignment, and the firm’s experience working with founder-led businesses.

– Founding Partner Sara Baack stated that digital infrastructure remains a foundational component of the global economy and emphasized the firm’s focus on durable demand drivers and operational value creation.

– Since inception, Snowhawk has completed four platform investments and is pursuing additional opportunities currently in advanced stages.

– Snowhawk recently completed its first exit through the sale of portfolio company ProsperOps.

– Current portfolio investments include Prime Data Centers, SecureVision, and CleanArc Data Centers.

hashtagprivateequity

You may also like these