Multicountry: DigitalBridge Emerging Market Digital Infrastructure Fund (AIIB-000718)

  • East Asia and Pacific
  • South Asia
Geographic location where the impacts of the investment may be experienced.
  • Australia
  • Hong Kong
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • Taiwan
  • Thailand
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
DigitalBridge Group
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Communications
  • Finance
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jun 23, 2023

Disclosed by Bank Jun 12, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the AIIB, the objective of the project is to increase sustainable digital infrastructure capacity and improve quality of mobile and internet connectivity in AIIB members in emerging Asia.

DigitalBridge Group sponsors parallel vehicles for platform investments alongside its flagship series funds in existing and future portfolio companies. The platform investment strategy can enhance DI companies' cash flows through economies of scale and reduce risks by combining DI assets in the region.
A parallel fund for AIIB will be formed to aggregate AIIB's investments with a 10-year term including a 4-year investment period. The Fund will provide growth capital to eligible DI platform businesses located in AIIB Region 1 Members in emerging Asia across 5 key verticals: data center, cell tower, fiber cable network, small cell, and edge infrastructure.

With the objective of 1) maximizing AIIB’s investment visibility, and 2) building a diversified portfolio, the Project Team proposes the following capital allocation structure:

a) 60% pre-identified deal:
- 20% in EdgePoint, a wireless communications infrastructure provider in Indonesia, Malaysia and Philippines;
- 20% in Vantage APAC, a wholesale hyperscale data center operator in Malaysia, Hong Kong, Australia, Japan, and Taiwan;
- 20% in AIMS, a retail edge infra and colocation data center operator in Malaysia, Thailand, and Singapore

b) 40% indicative deals of DI assets in AIIB’s Region 1 members


Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Investment details not available at the time of disclosure.

Financial Intermediary
A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the AIIB, DigitalBridge Group is a leading global-scale Digital Infrastructure investor with over 25 years of experience. DBRG has USD 69 billion of assets under management across 27 portfolio companies globally as of March 31, 2023.

As stated on the companies' websites:

EdgePoint is a telecommunications tower infrastructure company, driving the expansion of next-generation connectivity solutions for telecommunications network providers across the ASEAN region.

Vantage Data Centers is a multinational company delivering data centers for top cloud providers, hyperscalers and leading technology companies.

With nearly three decades’ worth of industry experience, AIMS has become one of Asia’s most-established, trusted and respected data centre operators.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - AIMS Client Communications
- - - - EdgePoint Client Communications
- - - - Vantage Data Centers Client Communications

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

AIIB Team Leader:

Wesley Byeongwan Kim - Investment Officer

Financial Intermediary - DigitalBridge Group:

Jeff Ginsberg - Chief Administrative Officer
Address: 750 Park of Commerce Drive, Suite 210, Boca Raton, FL 33487
Phone: +1 561-570-4644

Borrowers -


Address: 88 Market St, #43-01, CapitaSpring, Singapore 048948
APAC Vantage Data Centers:
Address: Rm 2602-2603, One Harbourfront, 18 Tak Fung Street, Hunghom, Kowloon, Hong Kong
Phone: +1 (408) 748-9830
Address: Changkat Raja Chulan, Bukit Ceylon, 50200 Kuala Lumpur, Malaysia
Phone: +603 2728 2688


You can submit an information request for project information at:


The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at:

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at:

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How it works