About Palistar Capital

About Palistar

Palistar Capital is an alternative asset manager focused on communications infrastructure.

The firm invests directly in operating companies and assets and seeks to provide innovative financing solutions to complex problems for leading global communications companies. The Palistar team is currently investing out of its second dedicated Communications Infrastructure Fund which has approximately $2.0 billion of committed capital with $2.4 billion of assets under management.1

1 AUM as of 12/31/21

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 communications infrastructure sector

We seek to invest in mission-critical communications 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 rote process or auctions. We believe our broad, global network of C-suite and other senior relationships at key communications 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 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 to complex problems for leading global telecom players, we believe that we have the ability to craft tailored investments with key communications infrastructure players as a friendly financial and/or strategic value-add partner.

Areas of Focus

We invest through direct ownership, as well as by seeking to develop tailored financing solutions for the leading players in the space.

Paths for capital deployment typically include:

Telecommunication
Easements
Towers and
Build-To-Suit
Data Centers
and Fiber
Carrier
Partenerships
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.

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