Marc Ganzi, chief government officer of DigitalBridge Group Inc., is a giant fan of digital infrastructure—and lately he’s not alone.

In July 2019, Colony Capital Inc. purchased Mr. Ganzi’s private-equity agency and unveiled a plan to shift from being a real-estate generalist to specializing in digital belongings reminiscent of knowledge facilities, cell towers and fiber networks. It fell to Mr. Ganzi, who took over from Colony founder Thomas Barrack final yr because the mixed firms’ CEO, to make that imaginative and prescient a actuality.

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