Company: DBRG
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001679688-25-000100
Chunk: 22

Company: DigitalBridge Group, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 22
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 investments and interest income from credit investments.  

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. Nine Months Ended September 30,(In thousands)20252024Cash, cash equivalents and restricted cash—beginning of period$306,298 $350,250 Net cash generated by (used in):Operating activities183,770 31,418 Investing activities(97,511)(6,847)Financing activities(32,632)(77,806)Effect of exchange rates on cash, cash equivalents and restricted cash4,025 1,461 Cash, cash equivalents and restricted cash—end of period$363,950 $298,476 

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. 

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Our operating activities generated net cash inflows of $183.8 million in 2025 and $31.4 million in 2024. Outside of recurring operating activities, cash inflows in 2025 also included distribution of earnings from the secondary sale of equity in our DataBank portfolio company of $34.0 million and $22.2 million from net insurance recoveries related to litigation costs incurred in prior periods.   

Investing Activities

Investing activities relate largely to our consolidated liquid funds that invest in marketable equity securities, as well as our 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 outflows in 2025 and 2024.

•In 2025, net cash outflows of $97.5 million were driven by $102.1 million of fundings, net of distributions, for our general partner and general partner affiliate commitments in our sponsored funds and $37.9 million of investments warehoused for potential new products. This was partially offset by return of capital of (i) $24.8 million from the secondary sale of equity in our DataBank portfolio company, (ii) $12.1 million from disposition and recapitalization of investments in our InfraBridge fund, (iii) $3.6 million from our