Company: DBRG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001679688-25-000084
Chunk: 39

Company: DigitalBridge Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 39
---
. Further, certain expenses, gains or losses that are required to be disclosed under US GAAP, if they are recorded within the expense line items that contain any of the prescribed expense categories, are to be separately quantified within the same tabular disclosure. Any remaining amounts in expense line items that contain any of the prescribed expense categories that have not been separately quantified are to be included in the tabular disclosure to reconcile to the corresponding amount on the income statement and to be qualitatively described. 

The ASU is effective for annual reporting periods beginning January 1, 2027 and interim reporting periods beginning January 1, 2028. Early adoption is permitted. Transition is prospective with the option to apply retrospective application. The Company is currently evaluating the effects of this new guidance. 

3. InvestmentsThe Company's equity and debt investments are represented by the following:(In thousands)June 30, 2025December 31, 2024Equity method investmentsPrincipal investments$1,427,692 $1,391,316 Carried interest allocation721,545 894,553 Other equity investments27,737 24,854 Debt investment32,697 35,122 2,209,671 2,345,845 Equity investments of consolidated fundsMarketable equity securities99,516 83,269 Other investments80,614 63,154 $2,389,801 $2,492,268 Equity Method Investments Principal InvestmentsPrincipal investments represent investments in the Company's sponsored investment vehicles, accounted for as equity method investments as the Company exerts significant influence in its role as general partner. The Company typically has a small percentage interest in its sponsored funds as general partner or special limited partner. The Company also has additional investments as general partner affiliate alongside the funds' limited partners, primarily with respect to the Company's flagship value-add funds, InfraBridge funds and single asset funds invested in data center portfolio companies, DataBank and Vantage SDC, respectively. 

14

The Company's proportionate share of net income (loss) from investments in its sponsored investment vehicles, primarily unrealized gain (loss) from changes in fair value of the underlying fund investments, and any distributions of income, including from realization events, are recorded in principal investment income on the consolidated statements of operations. Carried Interest AllocationCarried interest allocation represents a disproportionate allocation of returns of up to 20% to the Company, as general partner or special limited partner (which may