Company: DBRG
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001679688-25-000043
Chunk: 26

Company: DigitalBridge Group, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 26
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 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. 

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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.Fair Value Measurement Hierarchy(In thousands)Level 1Level 2Level 3TotalMarch 31, 2025AssetsInvestments (Note 3)Marketable equity securities$258 $— $— $258 CLO subordinated notes— — 34,395 34,395 Equity investments of consolidated funds86,350 — 63,154 149,504 Fair Value Option:Equity method investment— — 137,254 137,254 LiabilitiesOther liabilitiesInfraBridge contingent consideration — — 2,200 2,200 DBRG stock warrants— — 100 100 Securities of consolidated funds sold short 53,822 — — 53,822 December 31, 2024AssetsInvestments (Note 3)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 — — 6,100 6,100 DBRG stock warrants— — 700 700 Securities of consolidated funds sold short 47,930 — — 47,930 Equity Investments of Consolidated FundsEquity investments of consolidated funds include marketable equity securities held by our liquid strategy funds, valued based upon listed prices in active markets, classified as Level 1; and equity investment in a digital infrastructure portfolio company held by a single asset fund. The market