Novacap begins raising second digital infrastructure fund

Novacap has begun raising Novacap Digital Infrastructure II, its second digital infrastructure fund, according to Dakota Private Markets.

Dakota Private Markets said Fund I closed oversubscribed above $1B in January 2025, and that the strategy targets middle-market digital infrastructure platforms across North America, including communications infrastructure, wireless towers, broadband, connectivity and related technology-enabled services.

Source: Dakota Private Markets.

Source statements are attributed; this is not investment advice.