Digital Colony, a global investment firm focused on enabling the next generation of mobile and internet infrastructure, has announced the appointment of Steven Sonnenstein as Managing Director, effective immediately.
“Steven has significant transaction experience in communications infrastructure across many geographies and sectors in the digital ecosystem,” said Marc Ganzi, Managing Partner of Digital Colony. “He will be a great addition to our growing investment team, and we look forward to leveraging his international deal making expertise.”
Steven was most recently a Senior Director at PSP Investments (PSP), one of Canada’s largest pension investment managers with over C$139 billion of assets under management, where he led numerous infrastructure investments globally. During his six years at PSP, he put in final bids worth more than C$7.5 billion of equity, closing on more than C$2.2 billion – predominantly in the telecom infrastructure sector – and co-led and asset managed over C$1 billion of additional investments.
“Having worked with many of the Digital Colony team members over the years, I’ve always been impressed by their keen perspective on the future of the mobile and internet infrastructure space, and admired their successful transaction experience,” said Sonnenstein. “This is a dynamic sector, and I am excited by the opportunity to continue to invest in this space with this motivated and experienced team.”
Before joining PSP, Steven worked for Brookfield Asset Management in its Private Equity and Infrastructure Groups with particular focus and experience in South America. Prior to that, Steven spent several years working in mergers and acquisitions and distressed advisory.
Steven holds a Bachelor of Commerce from McGill University, and a post-graduate in Chartered Accountancy.