DigitalBridge Group's Q4 2024: Contradictions Revealed in Leasing Pipelines and Fundraising Strategies
Thursday, Feb 20, 2025 1:43 pm ET
3min read These are the key contradictions discussed in DigitalBridge Group's latest 2024Q4 earnings call, specifically including: Leasing Pipeline and Fundraising Strategy:
Record Fundraising and Revenue Growth:
- DigitalBridge Group reported record fundraising of $9 billion in 2024, with $4.8 billion in the fourth quarter.
- Revenue growth was driven by strong demand across their data center platforms and strategic capital formation, particularly in their flagship strategy.
Data Center and AI Infrastructure Investment:
- The company raised $2.7 billion for their third flagship strategy and $5.5 billion for co-invest capital, with significant commitments towards AI infrastructure and data center campuses.
- Investments were focused to support the growth in cloud and generative AI workloads, driven by the natural innovation and efficiency improvements in AI protocols.
Carried Interest and Financial Performance:
- DigitalBridge achieved $107 million in fee-related earnings for the full year 2024, up over 30% year-on-year.
- This improvement was due to strong bookings growth across their data center platforms and strategic use of co-investment capital to fund growth.
Leasing and Infrastructure Demand:
- DigitalBridge's leasing pipeline increased year-over-year, with data center pipelines up 22% and fiber pipelines up over 50%.
- These increases were driven by robust demand across the ecosystem, including towers, small cells, and fiber connectivity, fueled by AI and cloud workloads.
DBRG EBITDA, Free Cash Flow...
| Name |
|---|
| Date |
| EBITDA |
| Free Cash Flow(USD) |
| Total Revenue(USD) |
| Operating Cash Flow(USD) |
| Net Income(USD) |
| ROE(Average)% |
| DigitalBridge GroupDBRG |
| 20240930 |
| -12.76M |
| 162.67M |
| 76.13M |
| 35.90M |
| 48.33M |
| 1.67 |
Record Fundraising and Revenue Growth:
- DigitalBridge Group reported record fundraising of $9 billion in 2024, with $4.8 billion in the fourth quarter.
- Revenue growth was driven by strong demand across their data center platforms and strategic capital formation, particularly in their flagship strategy.
Data Center and AI Infrastructure Investment:
- The company raised $2.7 billion for their third flagship strategy and $5.5 billion for co-invest capital, with significant commitments towards AI infrastructure and data center campuses.
- Investments were focused to support the growth in cloud and generative AI workloads, driven by the natural innovation and efficiency improvements in AI protocols.
Carried Interest and Financial Performance:
- DigitalBridge achieved $107 million in fee-related earnings for the full year 2024, up over 30% year-on-year.
- This improvement was due to strong bookings growth across their data center platforms and strategic use of co-investment capital to fund growth.
Leasing and Infrastructure Demand:
- DigitalBridge's leasing pipeline increased year-over-year, with data center pipelines up 22% and fiber pipelines up over 50%.
- These increases were driven by robust demand across the ecosystem, including towers, small cells, and fiber connectivity, fueled by AI and cloud workloads.
