Swiss Life Asset Managers, a prominent player in the asset management field, recently took a significant step by investing in Telecom Infrastructure Partners (TIP), becoming a key shareholder alongside InfraBridge. This strategic investment marks a watershed moment for TIP, aiming to accelerate its next phase of growth and meet the growing global demand for telecommunications infrastructure. This partnership underscores the shared vision between Swiss Life Asset Managers and InfraBridge, elevating TIP to a position of global leadership in the telecom infrastructure leasing market.
TIP, founded in 2021 and headquartered in London, operates in the global lease aggregation market, focusing primarily on telecommunications infrastructure in Europe and Latin America. The company’s business model is based on acquiring leases from individual owners, providing long-term revenue streams that can last 30 to 50 years. This model places TIP at the center of the digital infrastructure ecosystem, with telecom masts and other telecommunications infrastructure playing a key role in supporting wireless infrastructure.
The importance of investing in mobile networks cannot be overstated, especially given the GSM Association’s prediction that as much as $1.5 trillion will be needed by 2030 to meet the exponential growth in global mobile data demand. TIP’s strategic global positioning and deep local expertise uniquely position the company to capitalize on the growing telecom site lease market, which is expected to expand steadily.
Gianfranco Saladino, Head of Value Adding Infrastructure at Swiss Life Asset Managers, expressed enthusiasm about the partnership with InfraBridge. He emphasized the potential of land lease aggregation, referring to the successes seen in North America. The partnership aims to accelerate TIP’s global expansion, leveraging the collective experience and resources of Swiss Life Asset Managers, InfraBridge and Eric Overman’s team.
Damian Stanley, Managing Partner at InfraBridge, addressed the journey since TIP’s founding, noting the company’s rapid growth and its emergence as a leading lease aggregator with a significant lease portfolio and reserve. This transaction is a testament to the confidence in TIP’s market position and growth potential, with Stanley expressing excitement at the thought of a future partnership with Swiss Life Asset Managers.
Eric Overman, Founder and CEO of TIP, has welcomed Swiss Life Asset Managers as a key shareholder. This new investment confirms TIP’s impressive growth over the past two years and aims to strengthen its ambition to dominate the global telecom infrastructure leasing market.
The closing of this transaction is pending customary regulatory approvals, with expectations of completion by the second quarter of 2024. This move not only marks a major step forward for TIP, but also underscores Swiss Life Asset Managers’ and InfraBridge’s commitment to supporting growth and innovation in the digital infrastructure sector.
Swiss Life Asset Managers has more than 165 years of experience in asset management, with a philosophy rooted in preserving value, consistent and sustainable performance and a responsible approach to risk. Managing more than €10 billion in capital infrastructure assets, Swiss Life Asset Managers has cemented its position as a leading entity in the field, offering its expertise to third-party clients throughout Europe.
InfraBridge, part of DigitalBridge Group, Inc. excels in mid-market infrastructure investments in a variety of sectors, including digital infrastructure and the energy transition. With a $75 billion portfolio of digital infrastructure assets, InfraBridge’s active asset management strategy is designed to maximize value for investors.
TIP’s innovative approach to investing in telecommunications and digital infrastructure, combined with its strategic partnership with Swiss Life Asset Managers and InfraBridge, creates a solid foundation for meeting the future demands of the global connectivity landscape. This investment not only fuels TIP’s growth ambitions, but also contributes to the broader goal of strengthening digital infrastructure around the world.
Source:
THE FINANCIAL TIMES LTD. Swiss Life Asset Managers Announces Investment in Telecom Infrastructure Partners and Joins InfraBridge as Key Shareholder
Business Wire Swiss Life Asset Managers announces investment in Telecom Infrastructure Partners and joins InfraBridge as key shareholder
Swiss Life Asset Managers – Swiss Life Asset Managers announces investment in Telecom Infrastructure Partners and joins InfraBridge as key shareholder
The Swiss Times – Swiss Life Invest in Telecom Infrastructure
Telecom TV – Swiss Life Asset Managers announces investment in Telecom Infrastructure Partners.
Bakersfield.com – Swiss Life Asset Managers Completes Investment in Telecom Infrastructure Partners Joining InfraBridge as a Key Shareholder
XM.com – Swiss Life Asset Managers Announces Investment In Telecom Infrastructure Partners
SeekingAlpha – Swiss Life Asset Managers Completes Investment in Telecom Infrastructure Partners Joining InfraBridge as a Key Shareholder
UK Tech News – Swiss Life Asset Managers Completes Investment in Telecom Infrastructure Partners Joining InfraBridge as a Key Shareholder.
