DigitalBridge Group, Inc. (NYSE: DBRG) announced it has hired Ersin Yorulmaz as Managing Director, Co-Head of European Capital Formation, effective immediately.
Yorulmaz’s appointment further “solidifies DigitalBridge’s already strong commitment to the DACH region (Germany, Austria, Switzerland), with the firm’s existing regional client base and portfolio of investments across all segments of digital infrastructure. He assumes the role alongside Alice Franks, who was appointed Head of European Capital Formation in February 2023.”
Yorulmaz reportedly brings “over 10 years of experience in capital formation, along with deep expertise in the DACH market. He was previously at BlackRock where he served as Country Lead of Alternatives Distribution for Germany, Austria & Eastern Europe (EEGA), leading capital raising efforts across private markets.”
In this role, Yorulmaz forged deep 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. Prior to joining BlackRock in 2015, Yorulmaz was an Investment Solutions Consultant at Julius Baer. Yorulmaz is a CFA charterholder.”
Kevin Smithen, Chief Commercial and Strategy Officer at DigitalBridge, said:
“We are delighted to welcome Ersin at such an exciting time for DigitalBridge in the DACH region. 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.”
Ersin Yorulmaz remarked:
“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. 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.”
Yorulmaz’s appointment further “cements the company’s presence in the DACH region and across Europe more broadly. In 2022, DigitalBridge led the acquisition of a majority stake in GD Towers, Germany’s largest tower company, in a transaction valued at $17.5 billion.”
As noted in the update, DigitalBridge Group, Inc. claims that it is “a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages $75 billion of infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, DigitalBridge has key offices in New York, Los Angeles, London, Luxembourg and Singapore.”