Company: DBRG
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001679688-25-000043
Chunk: 38

Company: DigitalBridge Group, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 38
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64,782 $57,748 Unconsolidated Company-Sponsored Funds—The Company does not consolidate its sponsored funds where it has insignificant equity interests in these funds as general partner. As such interests absorb insignificant variability from the fund, the Company is considered to be acting in the capacity of an agent of the fund and is therefore not the primary beneficiary of these funds. The Company accounts for its equity interests in unconsolidated funds under the equity method. The Company's maximum exposure to loss is limited to the outstanding balance of its investment in the unconsolidated funds (Note 3) of $2.0 billion at March 31, 2025 and $2.1 billion at December 31, 2024. The Company also has receivables from its unconsolidated funds for fee revenue and reimbursable or recoverable costs, as discussed in Note 14. At March 31, 2025, the Company's unfunded commitments to its unconsolidated funds as general partner and 

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general partner affiliate totaled $230.8 million (including commitments attributed to the ownership by employees and former employees in the general partner entities). Generally, the timing for funding of these commitments is not known and the commitments are callable on demand at any time prior to their respective expirations. 

14. Transactions with AffiliatesAffiliates include (i) investment vehicles that the Company sponsors and/or manages, and in which the Company may have an equity interest; (ii) portfolio companies of sponsored funds; and (iii) directors and employees of the Company.Amounts due from and due to affiliates consist of the following:(In thousands)March 31, 2025December 31, 2024Due from AffiliatesInvestment vehicles and portfolio companiesFee revenue$87,903 $103,402 Cost reimbursements and recoverable expenses17,869 19,111 Employees and other affiliates1,014 1,673 $106,786 $124,186 Due to Affiliates (Note 5)Employees and other affiliates1,595 1,675 $1,595 $1,675 Significant transactions with affiliates include the following: Fee Revenue—Fee revenue earned from investment vehicles that the Company manages and/or sponsors, and may have an equity interest, are presented in Note 11. Substantially all fee revenue are from affiliates, except for management fees and incentive fee from sub-advisory accounts and generally