The New York alternative asset manager Melody Investment Advisors has raised $1.95 billion, above a $1.5 billion target, for a new fund Melody Communications Infrastructure Fund II.
The alternative asset manager focused on mission-critical communications infrastructure said in a press release that the current Fund investments include CTI Towers, a leading owner and manager of wireless towers in the US, Harmoni Towers (formerly Uniti Towers), one of the largest tower builders in the US, and a growing cell sites and easements portfolio managed by Symphony Wireless, a cell sites, and telecom easements acquisition platform.
According to the release, investors in the Fund are geographically diverse and include several large institutional infrastructure investors, including public and private pension funds, sovereign wealth funds, foundations and endowments, fund of funds, insurance companies and charitable trusts.
Read more/Source: Opalesque
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