London Stock Exchange welcomes Cordiant Digital Infrastructure Limited to the Specialist Fund Segment of the Main Market
London Stock Exchange welcomed Cordiant Digital Infrastructure Limited to the Specialist Fund Segment of the Main Market today, after it raised gross proceeds of £370million pursuant to its initial public offering.
Cordiant Digital Infrastructure Limited’s investment objective is to seek to generate attractive total returns for shareholders over the longer term, comprising capital growth and a progressive dividend through investment in Digital Infrastructure Assets, with a predominant focus on data centres, mobile telecommunications/broadcast towers and fibre-optic network assets.
Investec Bank plc acted as Sole Financial Adviser, Global Coordinator and Bookrunner.
Cordiant Capital Inc. ("Cordiant" or the "Investment Manager") is the Company's investment manager. Cordiant is a sector-focused investment manager with particular expertise and experience in digital infrastructure. Cordiant invests in global infrastructure and real assets, running infrastructure private equity and infrastructure private credit strategies through limited partnership funds and managed accounts. Cordiant's current client base consists of global insurance companies, pension plans and family offices. Cordiant has maintained a long-term focus on ESG and impact investing being, amongst other notable memberships, an early signatory of the United Nations PRI (Principles for Responsible Investing) and a founding signatory of the World Bank/IFC Operating Principles for Impact Management.
Shonaid Jemmett-Page, Chairman of the Company, said: "The Board is delighted at the broad and deep support from our new shareholders for the launch of the Company. This is recognition, in our view, of the strength of our management team and the potential for the strategy to deliver both investment returns and positive impact across societies. We thank you for your support."
Benn Mikula, Managing Partner and Co-CEO of Cordiant Capital Inc., said: "I would like to thank our new shareholders for their support in the launch of a dedicated digital infrastructure investment trust. This is an exciting time to be investing in digital infrastructure and we look forward to updating you on the first investments in the coming months."