DigitalBridge hires co-head of European Capital Formation
DigitalBridge, the alternative asset manager dedicated to investing in digital infrastructure, has hired Ersin Yorulmaz as managing director, co-head of European Capital Formation.
The Boca Raton-headquartered firm said that the appointment, which comes into effect immediately, further solidifies its strong commitment to the DACH region (Germany, Austria and Switzerland).
Yorulmaz assumes the role alongside Alice Franks, who was appointed head of European Capital Formation in February 2023.
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Yorulmaz has over 10 years of experience in capital formation, along with expertise in the DACH market.
He previously worked at BlackRock where he held the role of country lead of alternatives distribution for Germany, Austria & Eastern Europe (EEGA), leading capital raising efforts across private markets.
Yorulmaz established strong relationships with LPs in the region, expanding BlackRock’s client base with a focus on institutional clients across pension funds, insurers, savings banks, foundations, as well as the private wealth segment.
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Prior to joining BlackRock in 2015, Yorulmaz was an investment solutions consultant at Julius Baer.
“We are delighted to welcome Ersin at such an exciting time for DigitalBridge in the DACH region,” said Kevin Smithen, chief commercial and strategy officer at DigitalBridge. “Ersin will be based in Zurich and brings tremendous regional expertise along with extensive fundraising experience that will greatly benefit our growing DACH LP-base and portfolio of investments in the region.”
“I am thrilled to be part of DigitalBridge’s next phase of growth, and proud to be joining a pioneering organization committed to unlocking the vast potential of digital infrastructure,” said Ersin Yorulmaz. “In an era that will increasingly be defined by groundbreaking technologies and generative AI, the significance of robust digital infrastructure cannot be overstated. I am excited to collaborate with the leaders at DigitalBridge, in Europe and globally, as we work towards a future where technology empowers and transforms societies.”
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DigitalBridge manages $75bn (£59bn) of infrastructure assets.
Last November, it closed its first digital infrastructure credit fund, DigitalBridge Credit, raising $1.1bn.
This was the inaugural fund in DigitalBridge’s credit strategy, which focuses on delivering investment solutions to support the growth of companies across the digital infrastructure sector.