DTCP has secured a €1 billion first close for its latest European digital infrastructure fund, marking significant progress approximately seven months after launch. The value-add vehicle has already raised two-thirds of its total target capital, demonstrating strong investor appetite for mid-market digital assets.

The fund focuses on value-add opportunities across the European digital infrastructure landscape, including data centres, fibre networks, and related real assets. DTCP's ability to reach this milestone quickly underscores the firm's established track record and the growing allocation toward digital infrastructure from institutional investors.

This first close comes amid heightened competition for quality digital assets in Europe, where contractual structures are evolving rapidly according to recent market analysis. The fund's progress reflects broader trends of increasing private capital deployment into essential digital infrastructure.