The vehicle will comprise investments in the data centre and telecommunications tower sectors, with the assets exhibiting stable and predictable revenue streams alongside strong growth potential. InfraRed will work closely with the management teams to capitalise on the burgeoning demand for digital infrastructure driven by the digitalisation megatrend shaping economies globally. The portfolio includes assets in Europe, North America, and Australasia, underlining its geographic diversification.
The portfolio includes a stake in ProLink Infrastructure, the first independent tower company in Luxembourg, with long-term agreements and opportunities for development. It also includes the partial acquisition of Nexspace, an established data centre platform targeting the growing demand for colocation services across the DACH region, alongside other assets.
The launch of this vehicle with a leading private markets investor is a testament to InfraRed’s extensive in-house investment, portfolio, and asset management capabilities, which span across the infrastructure risk spectrum. It also reflects InfraRed’s deep digital infrastructure experience—its digital assets currently serve more than 9 million people*. Having invested in communications and digital infrastructure from the ground up, InfraRed is well positioned to manage the portfolio, with a deep understanding of the intricacies and disciplines required to scale businesses and achieve operational excellence.
Michael Straka, Head of Capital Formation at InfraRed, said: “We are delighted to be announcing this core-plus digital infrastructure vehicle with Pantheon. This investment from a blue-chip institutional investor like Pantheon reflects the strength of our digital experience and our ability to actively manage and grow attractive income-generating assets across diverse markets. We look forward to working closely with Pantheon to build on this strong foundation and deliver long-term value.”
Welwin Lobo, Principal at Pantheon said: “This deal reflects our focus on investing in high-quality infrastructure assets that offer both downside protection and clear avenues for growth. The portfolio’s mix of tower and data centre assets, supported by strong long-term demand trends, aligns with our investment strategy. We look forward to working with the InfraRed team as the companies deliver on their business plans and capture future expansion opportunities.”
ENDS
* As at June 2025.
About InfraRed Capital Partners (“InfraRed”)
InfraRed is a leading international mid-market infrastructure asset manager. Over the past 25 years, InfraRed has established itself as a highly successful developer, particularly in early-stage projects, and an active steward of essential infrastructure.
InfraRed manages US$13bn of equity capital [1] for investors around the globe in listed and private funds across both core and value-add strategies.
InfraRed combines a global reach, operating worldwide from offices in London, Frankfurt, Madrid, New York, Sydney and Seoul, with deep sector expertise from a team of more than 160 people.
InfraRed is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life, and benefits from its scale and global platform.
For more information, please visit www.ircp.com.
[1] Uses 5-year average FX as at 30th June 2025 at GBP/USD of 1.2851; EUR/USD 1.1071. EUM is USD 13.217m.
About Pantheon
Pantheon* has been at the forefront of private markets investing for more than 40 years, earning a reputation for providing innovative solutions covering the full lifecycle of investments, from primary fund commitments to co-investments and secondary purchases, across private equity, private credit, and real assets. For more information, please visit www.pantheon.com.
We have partnered with more than 700 clients, including institutional investors of all sizes as well as a growing number of private wealth advisers and investors, with approximately $82bn in discretionary assets under management (as of June 31, 2025).
Leveraging our specialized experience and global team of professionals across Europe, the Americas, and Asia, we invest with purpose and lead with expertise to build secure financial futures.
* Pantheon refers to the subsidiaries and subsidiary undertakings of Pantheon Ventures Inc. and AMG Plymouth UK Holdings Limited and includes operating entities principally based in the US (San Francisco and New York), UK (London), Hong Kong, Guernsey, Tokyo, Dublin and Singapore. Pantheon Ventures Inc. and Pantheon Ventures (US) LP are registered as investment advisors with the US Securities and Exchange Commission (“SEC”); Pantheon Securities, LLC is a broker dealer registered with the SEC and is a member of the Financial Industry Regulatory Authority (“FINRA”). Pantheon Ventures (UK) LLP is authorized and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom. Pantheon Ventures (Guernsey) Ltd and a number of other Pantheon entities incorporated in Guernsey are regulated by the Guernsey Financial Services Commission. Pantheon Ventures (Asia) Limited is registered as a Type II Financial Instruments Business and Investment Advisory and Agency Business Operator with the Kanto Local Finance Bureau in Japan (KLFB). Pantheon Ventures (Ireland) DAC is regulated by the Central Bank of Ireland (“CBI”) and is an appointed representative of Pantheon Ventures (UK) LLP in respect of activities carried out in the United Kingdom. Pantheon Ventures (Singapore) Pte. Ltd holds a capital markets service license from the Monetary Authority of Singapore (“MAS”) to conduct fund management with accredited and institutional investors.
