Private equity firm Digital Colony Management LLC closed its inaugural fund Digital Colony Partners LP with $4.05 billion in commitments.

The fund exceeded its original target of $3 billion, with commitments coming from various U.S. and international investors, ranging from sovereign wealth funds and institutional fund managers to family offices and high-net-worth individuals.

Digital Colony Partners LP has invested in Andrean Tower Partners, an independent operator of wireless communications infrastructure in Colombia, Peru and Chile; Digita Oy, an owner and operator of broadcast tower infrastructure in Finland; a U.K. platform currently comprised of StrattoOpencell and iWireless Solutions Ltd.; and Peer 1, a Toronto-based provider of colocation, network connectivity and managed services.

Digital Colony Management also is part of an investor group that recently struck an agreement to acquire Zayo Group Holdings Inc.