Company: DBRG
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001679688-25-000043
Chunk: 65

Company: DigitalBridge Group, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 65
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 including discontinued operations. Three Months Ended March 31,(In thousands)20252024Cash, cash equivalents and restricted cash—beginning of period$306,298 $350,250 Net cash generated by (used in):Operating activities50,298 (27,009)Investing activities17,474 (21,968)Financing activities(21,875)(48,471)Effect of exchange rates on cash, cash equivalents and restricted cash1,911 (661)Cash, cash equivalents and restricted cash—end of period$354,106 $252,141 

Operating Activities 

Cash inflows from operating activities are generated primarily through fee-related earnings, distributions of our share of net carried interest, and distribution of earnings from our general partner affiliate interests in our sponsored funds. 

Our operating activities generated net cash inflows of $50.3 million in 2025 and outflows of $27.0 million in 2024. Cash inflows in 2025 included $34.0 million in distribution of earnings from the secondary sale of equity in our DataBank portfolio company,  

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Investing Activities

Investing activities relate to general partner and general partner affiliate investments in sponsored funds, including drawdown of commitments and return of capital from realized fund investments.

Our investing activities generated net cash inflows of $17.5 million in 2025 and outflows of $22.0 million in 2024.

•In 2025, we had received return of capital of $24.8 million from the secondary sale of equity in our DataBank portfolio company. Otherwise we funded $7.0 million, net of distributions, for our general partner and general partner affiliate commitments in our sponsored funds, while the investing activities of our consolidated liquid funds which hold marketable equity securities resulted in a net cash outflow of $0.7 million.

•Net cash outflows in 2024 were driven by $26.5 million of fundings, net of distributions, for our general partner and general partner     affiliate commitments in our sponsored funds, partially offset by $5.7 million of net proceeds from  investing activities of our consolidated liquid funds which hold marketable equity securities.

Financing Activities

We incur cash outlays primarily for payments on our corporate debt, and dividends to our preferred stockholders and common stockholders. 

Financing activities generated net cash outflows in 2025 and 2024. 

•In 2025, net cash outflows of $