Marc Ganzi, leader government officer of DigitalBridge Team Inc., is a large fan of virtual infrastructure—and nowadays he’s no longer by myself.

In July 2019, Colony Capital Inc. purchased Mr. Ganzi’s private-equity company and unveiled a plan to shift from being a real-estate generalist to specializing in virtual property similar to information facilities, mobile towers and fiber networks. It fell to Mr. Ganzi, who took over from Colony founder Thomas Barrack final 12 months because the blended corporations’ CEO, to make that imaginative and prescient a fact.

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