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Economic Times Tech
Economic Times Tech
6/22/2026
Oaktree-backed digital infrastructure firm ITG aims to raise $429 million in US IPO

Oaktree-backed digital infrastructure firm ITG aims to raise $429 million in US IPO

Short summary

Digital infrastructure firm ITG plans a $429M US IPO backed by Oaktree Capital. The offering signals sustained investor appetite for AI and cloud infrastructure assets as demand grows globally. IPOs highlight infrastructure's role as foundational to enterprise AI expansion.

  • •ITG raising $429M through US IPO to fund data centers and network connectivity
  • •Oaktree Capital backing reflects strong institutional interest in digital infrastructure
  • •Demand for AI and cloud services driving infrastructure asset valuations

Generated with AI, which can make mistakes.

#funding-acquisition#industry-adoption
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