Kirkland Advises Digital Alpha on Closing of Second Digital Infrastructure Fund at Over $1 Billion
Kirkland & Ellis represented Digital Alpha Advisors, a leading digital infrastructure investment firm, which today announced the closing of Digital Alpha Fund II, L.P., over its initial hard cap with over $1 billion in commitments. The fund was oversubscribed and continues the same successful strategy of investing in digital infrastructure assets, companies and revenue share arrangements as Digital Alpha Fund I, L.P., formed in 2017. To date, the fund has committed approximately $300 million across three deals. Investors in the fund include sovereign wealth funds, pension funds, endowments and foundations, consultants, and health systems primarily from North America, Europe and the Middle East.
Read more in Digital Alpha’s press release
The Kirkland team was led by investment funds partners Kevin Wessel and John Muno, and associates Michael Wester and Jennifer Gullotti. The team also included investment funds partners Nicholas Hemmingsen and Reed Schuster, tax partners Daniel Meehan and Aalok Virmani, and investment funds regulatory partner Thomas Woodhead.