Melody Investment Advisors has raised $1.95bn for a new fund to invest in cell towers, optical fiber, data centers and other digital infrastructure, aiming to seize on growing data volumes.
The New York alternative asset manager wrapped up Melody Communications Infrastructure Fund II LP and related vehicles above a $1.5 billion target, according to a news release. The fund is the first raised by Melody since it was formed in 2019, said Omar Jaffrey, the firm’s managing partner and founder.
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Melody Investment Advisors is an alternative asset manager led by Founder and Managing Partner, Omar Jaffrey, focused on communications infrastructure. The firm seeks to invest through direct asset ownership, as well as by developing innovative financing solutions to complex problems for leading global communications companies.
Source: Wall Street Journal
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