Palistar Capital

Omar Jaffrey is the managing partner and sole founder, with investment partners Carras Holmstead, Joshua Oboler, and Goncalo Bernardo forming the senior deal team. David Bacino joined in July 2025 as operating partner for towers. Investment decisions are driven by a small group of senior professionals, each averaging over two decades in telecom and digital infrastructure.

Palistar operates outside competitive auction processes, sourcing investments through its senior team's direct C-suite relationships at major telecom and digital infrastructure companies. The firm describes its origination as relationship- and solutions-based, often arriving at transactions by working with corporate boards to design bespoke financing structures before other capital providers see the opportunity.

Palistar deploys capital primarily through direct equity ownership of operating companies and structured investments. The firm's communications emphasize tailored financing solutions — lease-backed structures, securitizations, operator carve-outs — rather than blind-pool fund commitments to third-party GPs. It does not market itself as a fund-of-funds.

Palistar focuses on mature, cash-flowing digital infrastructure assets — operating cell towers, active fiber networks, stabilized data centers — rather than greenfield development or venture-stage technology. Its stated objective is strong risk-adjusted returns with significant current cash yield once assets are stabilized, implying a bias toward assets with existing contracted revenue.

Palistar's model is to act as a direct, friendly financial and strategic partner to digital infrastructure companies rather than as a passive co-investor alongside other private equity firms. The firm emphasizes its ability to lead tailored solutions, suggesting it typically structures and controls its own transactions rather than joining syndicates led by peer GPs.

Laura Miller serves as Vice President of Sustainability, ESG, and Climate, and the senior advisory board includes Dr. Jean Rogers, founder of the Sustainability Accounting Standards Board. The presence of dedicated sustainability personnel — rather than a general counsel covering ESG as an add-on — indicates that climate and governance screening is embedded in asset selection and management for a portfolio of physical infrastructure assets.

The firm's website describes a single-alternative-asset-manager structure investing through direct ownership and structured investments, without specifying separate fund complexes for credit and equity. Its July 2025 U.S. wireless transaction combined asset consolidation with a new securitization financing, demonstrating that Palistar blends control equity and structured credit within the same platform to solve capital-structure problems for operators.