Company: DBRG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001679688-25-000084
Chunk: 128

Company: DigitalBridge Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 128
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 in 2024 through issuance of an equal number of shares of class A common stock on a one-for-one basis. 

9. Fair ValueRecurring Fair ValuesFinancial assets and financial liabilities carried at fair value on a recurring basis include financial instruments for which the fair value option was elected. Fair value is categorized into a three tier hierarchy that is prioritized based upon the level of transparency in inputs used in the valuation techniques, as follows.Level 1—Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2—Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in non-active markets, or valuation techniques utilizing inputs that are derived principally from or corroborated by observable data directly or indirectly for substantially the full term of the financial instrument. Level 3—At least one assumption or input is unobservable and it is significant to the fair value measurement, requiring significant management judgment or estimate.Due to the inherently judgmental nature of Level 3 fair value, changes in assumptions or inputs applied as of the reporting date could result in a higher or lower fair value, and realized value may differ from the estimated unrealized fair value.

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Fair Value Measurement Hierarchy(In thousands)Level 1Level 2Level 3TotalJune 30, 2025AssetsInvestments (Note 3)Other equity investments—Marketable equity securities$313 $— $— $313 CLO subordinated notes— — 32,697 32,697 Equity investments of consolidated funds99,516 — 80,614 180,130 Fair Value Option:Equity method investment— — 140,645 140,645 LiabilitiesOther liabilitiesInfraBridge contingent consideration — — 2,300 2,300 DBRG stock warrants— — 500 500 Securities of consolidated funds sold short 61,667 — — 61,667 December 31, 2024AssetsInvestments (Note 3)Other equity investments—Marketable equity securities$242 $— $— $242 CLO subordinated notes— — 35,122 35,122 Equity investments of consolidated funds83,269 — 63,154 146,423 Fair Value Option:Equity method investment— — 137,154 137,154 LiabilitiesOther liabilitiesInfraBridge contingent consideration —