Radius Global Infrastructure Set to Join Russell 3000® Index
June 09 2021 - 9:00AM
Business Wire
Radius Global Infrastructure, Inc. (NASDAQ: RADI) (“Radius” or
the “Company”) today announced that it has been included on the
preliminary list of additions to the Russell 3000® Index, which
will become effective after the U.S. market closes on June 25.
“The addition of Radius to the Russell 3000® index is an
exciting milestone for our company,” said Bill Berkman, Co-Chairman
and Chief Executive Officer. “It demonstrates the progress we have
made since our listing on the Nasdaq in October 2020. We expect our
inclusion in the broad-market Russell 3000® to help drive increased
awareness of our growth strategy, which is focused on the
acquisition of durable, inflation-protected cash flows that offer
attractive risk-adjusted returns. We look forward to sharing our
story with a larger set of investors as we continue to build
shareholder value through prudent and disciplined capital
deployment.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $10.6 trillion in
assets are benchmarked against Russell's US indexes. Radius is also
slated for addition to the Russell Microcap Index.
FTSE Russell primarily uses objective, market-capitalization
rankings, and style attributes to determine membership for its
Russell indexes. Membership in the small-cap Russell 2000® Index is
based on membership in the broad-market Russell 3000® Index. For
more information on the Russell 2000® Index, Russell 3000® Index,
Russell Microcap, and the Russell indexes reconstitution, visit the
FTSE Russell website at:
https://www.ftserussell.com/resources/russell-reconstitution.
About the Company
Radius Global Infrastructure, Inc., through its subsidiary, AP
WIP Investments, LLC ("APW"), is one of the largest owners and
acquirors of real property interests and contractual rights
underlying essential telecommunications digital infrastructure in
19 countries. Radius is a multinational owner of a growing,
diversified portfolio of primarily triple net rental streams from
wireless operators and tower companies for properties underlying
their mission critical digital infrastructure. APW's proven lease
origination engine drives attractive yields on capital invested and
maintains a broad pipeline of acquisition opportunities.
For further information see https://www.radiusglobal.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210609005292/en/
Investor Relations: Jason Harbes, CFA Email:
investorrelations@radiusglobal.com Phone: 1-484-278-2667
Media: Sard Verbinnen & Co Jim Barron/Jared Levy
Email: Radius-SVC@sardverb.com 212-687-8080
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