Digital Alpha Fund II’s $1 Billion Fundraising

Kirkland & Ellis represented Digital Alpha Advisors in the transaction.

Digital Alpha Advisors, a leading digital infrastructure investment firm, 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. 

Digital Alpha Advisors, LLC is an investment firm focused on digital infrastructure and services required by the digital economy, with a strategic collaboration agreement with Cisco Systems, Inc. 

The Kirkland team advising Digital Alpha Advisors was led by investment funds partners Kevin Wessel (Picture) 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.

Involved fees earner: Jennifer Gullotti – Kirkland & Ellis; Nicholas Hemmingsen – Kirkland & Ellis; Daniel Meehan – Kirkland & Ellis; John Muno – Kirkland & Ellis; Reed Schuster – Kirkland & Ellis; Michael Truett Wester – Kirkland & Ellis; Aalok Virmani – Kirkland & Ellis; Kevin Wessel – Kirkland & Ellis; Thomas Woodhead – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Digital Alpha Advisors;

Author: Martina Bellini