About Palistar Capital
About Palistar
Palistar Capital is an alternative asset manager focused on digital infrastructure.
The firm invests directly in operating companies and assets and seeks to provide innovative financing solutions for leading global communications companies. The Palistar team is currently investing out of its second dedicated Digital Infrastructure Fund which has approximately $2.0 billion of committed capital with $2.5 billion of assets under management.1
1 AUM as of 6/30/24
Our FirmA veteran team with deep sector-specific experience
Our team has deep experience in investing, M&A advisory, operations, and consulting. Senior management averages 25 years of experience, providing Palistar Capital with unique industry relationships and access to a pipeline of potential investment opportunities.
Our ApproachA singular focus on the growing digital infrastructure sector
We target investments in mission-critical digital infrastructure assets with the ability to demonstrate resilience through economic cycles. We seek to offer our investors strong risk-adjusted returns with downside protection and significant cash yields.
Global network of
relationships
Our sourcing is relationship- and solutions-based, not driven by broad processes or auctions. We believe our broad, global network of C-suite and other senior relationships at key digital infrastructure players, banks and advisors provides us with strong sourcing capabilities.
Robust risk management
and active, value-add processes
Our deep sector experience and insights are supported by thorough rigorous due diligence and underwriting standards. Palistar strives to take an active approach to asset management with a focus on long-term value enhancement and risk mitigation.
Partnership
approach
With a history of creating innovative, first-in-kind solutions for leading global telecom players, we believe that we have the ability to craft tailored investments with key digital infrastructure players as a friendly financial and/or strategic value-add partner.
Areas of Focus
We invest through direct ownership and tailored financing solutions for the leading players in the sector.
Paths for capital deployment typically include:
Returns
A focus on long-term, stable returns2
Palistar seeks to make investments that it believes provide downside protection, offer strong risk-adjusted returns, offer current cash yield once assets are stabilized and which investments can demonstrate resilience through economic cycles. As such, Palistar targets investment opportunities that exhibit the following characteristics:
Long-term tenant leases with contractual escalators
High-quality counterparties for the service agreements
Mission-critical and strategic nature of assets
High operating margins and cash flows
Low maintenance capital expenditures
Distinct barriers to entry
Consistent and growing demand for the assets
Asset lives generally of 10-50+ years
High lease renewal rates and strong opportunity for incremental revenues and lease-ups
2 The information above is presented for illustrative purposes only to provide examples of the types of investments targeted by Palistar. There is no guarantee that Palistar will be able to make investments with all or any such characteristics.
