Company: GLRE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001385613-25-000007
Chunk: 75

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-03-10
Form: 10-K
Item: Item 7
Chunk 75
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,696 $54,844 1 The net increase in Partners’ capital is net of management fees and performance allocation presented below:Year ended December 31, 202420232022Management fees$6,074 $4,766 $3,580 Performance allocation3,734 3,188 6,094 Total$9,808 $7,954 $9,674 See Note 15 for further details on management fees and performance allocation.

4.     OTHER INVESTMENTS 

 PortfolioThe Company’s other investments consist of:•Private investments, unlisted equities, and debt and convertible debt instruments, which consist primarily of Innovations-related investments supporting technology innovators in the (re)insurance market (See Note 17).At December 31, 2024, the breakdown of the Company’s other investments was as follows:CostUnrealizedgainsUnrealizedlossesAccrued interestFair value / carrying valuePrivate investments and unlisted equities $28,111 $51,076 $(7,320)$— $71,867 Debt and convertible debt securities2,713 — (1,510)90 1,293 Total other investments$30,824 $51,076 $(8,830)$90 $73,160 

F-19

At December 31, 2023, the breakdown of the Company’s other investments was as follows:CostUnrealizedgainsUnrealizedlossesAccrued interestFair value / carrying valuePrivate investments and unlisted equities$28,470 $49,424 $(6,737)$— $71,157 Debt and convertible debt securities2,499 — (499)136 2,136 Total other investments$30,969 $49,424 $(7,236)$136 $73,293 The following table presents the carrying values of the private investments and unlisted equity securities carried under the measurement alternative at December 31st and the related adjustments recorded during the years then ended.  202420232022Carrying value (1)$71,867 $71,157 $62,433 Upward carrying value changes (2)$2,908 $7,262 $11,277 Downward carrying value changes and impairment (3)$(3,311)$(5,003)$(1,073)(1) The period