Searchlight Capital Partners L.P. in the $450 million equity raise by its portfolio company, Ziply Fiber

On September 8, 2022, Ziply Fiber, a portfolio company of Searchlight Capital Partners, L.P., announced $450 million in new funding to support its ongoing fiber network expansion in the Northwest.  All current Ziply Fiber investors participated in this new funding round including Searchlight, WaveDivision Capital, LLC, Public Sector Pension Investment Board, British Columbia Investment Management Corporation and Canada Pension Plan Investment Board.

Wachtell, Lipton, Rosen & Katz served as legal advisor to Searchlight.