Digitalbridge Ai & Cloud Infrastructure Fund Master SCSp SICAV

Digitalbridge Ai & Cloud Infrastructure Fund Master SCSp SICAV is an open-ended vehicle managed by DigitalBridge, structured in Luxembourg as a master SCSp with SICAV features and authorised under the UCI Part II regime. It is classified as Non-ELTIF, so the ELTIF rulebook does not apply (N/A); instead, investor access, eligibility and distribution follow the Part II framework and the national private-placement or retail permissions obtained in each market, with the fund set up for pan-European distribution. The vehicle launched in 2025 and reports in USD, leaving non-dollar investors with currency exposure unless hedged at the share-class or investor level.

The mandate sits in infrastructure and follows a value added approach, consistent with the manager's focus on digital infrastructure assets such as data centres and compute and cloud capacity, where returns depend on build-out, lease-up and operational improvement rather than on fully stabilised cash flows alone. Because the structure is open-ended rather than a fixed-life closed-end partnership, capital is intended to be deployed and recycled on a continuing basis, and the master vehicle can accommodate multiple feeder arrangements across jurisdictions and investor types. Subscription and redemption mechanics, notice requirements and valuation cadence are governed by the fund documentation and are not reproduced here; investors should confirm dealing terms, any redemption gating or queuing provisions, and the treatment of illiquid assets directly with the manager.

Within the Novantigo coverage universe of 494 vehicles, the fund is one of 73 in infrastructure and one of 347 domiciled in Luxembourg, and it falls into the narrower group of 57 that combine both. That cohort provides the relevant comparison set for assessing structure, liquidity terms and regulatory wrapper, particularly against Luxembourg peers that have adopted the ELTIF route rather than the Part II route.