Digital Edge appoints chief investment officer
24 August 2021 | Melanie Mingas
Stonepeak-backed Digital Edge has appointed Yaniv Ghitis to the role of chief investment officer.
Ghitis will oversee new market entry, mergers and acquisitions, and investor relationships. He wil also lead on Digital Edge's efforts to foster strategic relationships and strengthen partnerships to drive the success of its data centre platform.
Ghitis said: “I am extremely impressed by Digital Edge’s market reach, capabilities, and strong network of local partners, developed all within the last 18 months since its formation. Digital Edge is led by executives that I have known for the better part of the last decade, and I am excited to join Samuel and the rest of his team to continue with the Company’s aggressive growth strategy.
“Moreover, with Stonepeak’s ongoing financial backing, Digital Edge continues to broaden the depth and reach of its platform given Stonepeak’s successful track record in the digital infrastructure and renewable energy sectors.”
A senior member of J.P. Morgan’s investment team for 17 years in Hong Kong, New York, London and Tel Aviv, Ghitis most recently held the position of MD and co-head of J.P. Morgan Technology, Media and Telecom Investment Banking in Asia-Pacific.
Digital Edge said he has an "unparalleled track record of originating, structuring, negotiating and executing M&A and capital markets transactions across Asia-Pacific, including the Greater China, Southeast Asia, India, Korea, Japan and Australia, and in the Technology, Media, Telecom (TMT) sector, covering data center, telecom, fintech, SaaS and shared economy technology companies."
CEO Samuel Lee said: “We are very pleased to have Yaniv joining our executive management team. His background in Asia and extensive experience in the TMT sector make him a strong addition to our team. Looking forward, we are ready to accelerate the growth of our platform across both existing and new markets leveraging Yaniv’s expertise.”