Company: DBRG
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001679688-25-000043
Chunk: 120

Company: DigitalBridge Group, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 2
Chunk 120
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 the fund exceed minimum return hurdles. Carried interest distributions are recognized in earnings net of clawback obligations, if any. The amount and timing of carried interest distributions received may vary substantially from period to period depending upon the occurrence and size of investments realized by our sponsored funds.

Investments—Our investments in our sponsored funds as general partner and general partner affiliate generate cash largely through capital appreciation of our underlying fund investments that are realized upon a recapitalization, syndication or liquidation event, distributions from portfolio companies of our funds and interest income from our credit fund.  

Public Offerings

We may offer and sell various types of securities from time to time at our discretion based upon our needs and depending upon market conditions and available pricing. 

Consolidated Cash Flows

The following table summarizes the activities from our consolidated statements of cash flows, 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