Digital 9 Infrastructure plc

Digital 9 Infrastructure plc is a newly established, externally managed closed-ended investment company. The Company will invest in a range of digital infrastructure assets which deliver a reliable, functioning internet, investing in future proofed, non-legacy, scalable platforms and technologies including (but not limited to) subsea fibre, data centres, terrestrial fibre, tower infrastructure and small cell networks (including 5G).

The Company will focus, primarily, on digital infrastructure investments which are operational and with contracts in place with customer or counterparties where appropriate.

 

EU Regulation 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector (the "EU Sustainable Finance Disclosure Regulation" or “SFDR”)

The Investment Manager as AIFM has determined that the Company is subject to Article 8 of the EU Sustainable Finance Disclosure Regulation.

Article 8 applies where a financial product promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.

Our full disclosure is available here. Our ESG integration policy is available here.

About the Board

The Board is responsible for the determination of the Company's investment policy and strategy and have overall responsibility for the Company's activities including the review of investment activity and performance and the control and supervision of the Investment Manager. All of the Directors are non-executive and are independent of the Investment Manager and the other service providers.

John (Jack) Waters Jr

Chairperson

Jack Waters has significant experience in the digital infrastructure sector with an executive career spanning over 30 years. Most recently, Jack was President of Zayo Networks and Chief Operating Officer at Zayo Group Holdings Inc (“Zayo”) which was listed on the New York Stock Exchange prior to its US$14.3 billion take private in 2019. During his tenure, Zayo owned c. 13m miles of fibre and 45 data centres in the US and Europe. Jack oversaw the company’s global business. Prior to joining Zayo, Jack was Chief Technology Officer and one of the founding senior executives at Level 3 Communications, where he was focused on global network technology, architecture, engineering, process and security. He also held management positions at MCI Communications and the Southeastern University Research and Academic Network. Jack has served on the board of directors for the Colorado Technology Association and the U.S. Federal Communications Commission Technical Advisory Council.

Keith Mansfield

Non-executive Senior Independent Director

Keith Mansfield is a Chartered Accountant by background and brings extensive accountancy experience, having worked at PricewaterhouseCoopers LLP ("PwC") for over 30 years, during which time he served as Chairman of PwC in London responsible for assurance, tax and advisory services. As a partner for 22 years, he advised many public and private companies across a range of industry sectors. Keith is a Non-executive Director (and Chair of the Audit Committee) of Tritax EuroBox plc (of which he is also Senior Independent Director) and Motorpoint Group plc. He was also a Non-executive Director of Tarsus Plc until its management buyout in August 2019. He is Chairman of the board of Albermarle Fairoaks Airport Limited and a Non-executive Director of Real Time Sports Bingo Limited. He also sits on the investment advisory board of Nexus Investment Ventures Limited.

Lisa Harrington

Independant non-executive Director

Lisa Harrington is a tech executive and has spent 25 years growing and transforming business across a range of sectors including telecommunications, technology and utilities. Joining British Telecom ("BT") in 2007, Lisa spent 10 years in a range of leadership positions with her final role being Chief Customer Officer BT Group, reporting to the CEO. Lisa is currently a Non-Executive Director of Post Office Limited and Calisen plc (FTSE250), and has previously held non-executive posts on the boards of Southern Water and West London NHS Mental Trust. She started her career at Accenture in Ireland and the UK and, more recently, was managing director Tech Learning Division of QA Limited, one of the biggest tech and cyber skills providers in the UK.

Charlotte Valeur

Independent Non-executive Director

Charlotte Valeur has over 35 years’ experience in finance, primarily in Denmark and UK. Charlotte’s previous non-executive roles include Chairing Kennedy Wilson Europe Real Estate Plc (FTSE 250) and DW Catalyst Fund Ltd, and Non-executive Director on the boards of 3i Infrastructure Plc (FTSE 250), NTR Plc, Renewable Energy Generation Limited and JPMorgan Convertibles Income Fund Ltd. She is currently Chair of Blackstone/GSO Loan Financing Ltd, a Non-executive Director of Laing O’Rourke Ltd, and a member of the Primary Markets Group of the London Stock Exchange.

Monique O'Keefe

Independent Non-executive Director

Monique O’Keefe has over 25 years’ experience in finance and law. She is currently a Non-executive Director on the boards of Foresight Solar Fund Limited and Phoenix Spree Deutschland Limited, as well as a number of private equity funds. She also sits on the Board of Commissioners at the Jersey Financial Services Commission and is the co-founder of Jersey-based investment consultancy business, Kairos Wealth Limited. Prior to this, Monique was at Merrill Lynch and Goldman Sachs in London and New York working in structured finance, and previously a structured finance lawyer at Clifford Chance.

About the Manager

The Company’s Investment Manager is Triple Point Investment Management LLP ("Triple Point"), an experienced manager with over £2 billion of private, institutional, and public capital and has extensive experience in asset and project finance, portfolio management and structured investments.

The investment management team has a proven track record of US$1.9 billion of infrastructure investments, with realised investments yielding an IRR of 42 per cent. In addition, the Investment Manager will have access to a panel of digital infrastructure industry experts, with deep knowledge, relationships and involvement in a combined $250 billion of digital infrastructure transactions. 

Management Team

Investment Manager

The key personnel of the Investment Manager are as follows:

Thor Johnsen

Head of Digital Infrastructure

Thor has over 15 years' experience in infrastructure investment, specifically Digital Infrastructure. He has been responsible for managing a digital infrastructure portfolio including subsea fibre development and management, mobile networks and data centres – which includes Aqua Comms' assets – for six years. Over his career, Thor has invested and managed c. US$1.8 billion of infrastructure investments as Head of Investment Management for Arcapita Bank across Europe. He was also previously at Bank of America and Credit Suisse. Thor joined Triple Point in January 2021

Arnaud Jaguin

Investment

Arnaud has over 15 years’ experience in telecoms and digital infrastructure.

He began his career in telecoms M&A advisory at UBS Investment Bank in London, advising on almost £50bn of transactions. At Level3 Communications and RETN, he worked on corporate development, corporate strategy, segmentation and sales operations.

Arnaud graduated with an MSc in Finance & Strategy from Sciences Po, Paris.

Andre Karihaloo

Investment

Andre has over 15 years’ experience in financial services.

He began his career in investment management at HSBC in New York & London. He has worked on over £5bn of infrastructure development transactions, appearing before 3 Select Committees in Parliament and the Prime Minister to discuss infrastructure. He has advised on c.£1bn in digital infrastructure deals.

Andre graduated with an MSc in Finance & Economics from the London School of Economics.

Ben Beaton

Managing Partner

Ben is Triple Point’s joint Managing Partner and has personally focused on the firm’s low carbon investments including the investments in small scale hydroelectricity, CHP and vertical farming investments and various other energy efficiency and renewable generation projects. 

A specialist in long term infrastructure and long lease investments across the UK public and private sector including local authorities, the NHS, and housing associations.

James Cranmer

Managing Partner

James is Triple Point’s joint Managing Partner and has over 20 years’ experience in structured, asset and vendor finance. 

James has been responsible for over £1 billion of funding into UK Local Authorities, NHS Hospital Trusts and corporates from SMEs through to FTSE 100 businesses including numerous investments in the energy and low carbon sector.