welcome, and to outline Severin, opportunity quarter made progress the compelling DigitalBridge. update. of year-to-date, the everyone, we've business second Thanks, and appreciate some scaling I to our building XXXX
As capital infrastructure see linked particularly our priorities, key the today, around many tangible we've XXXX across you'll progress AI ecosystem. of to formation made
So let's get started.
the this call. one, growth and later in year, quarter central expanding along operating with the to walk financials peer-leading fee First margins prior number you financial that
Tom revenue will management foremost, up is We've with thesis. the delivering performance, growth this over XX% delivered through with growing DigitalBridge margins. revenues investment
time fees is management of over know, new earnings Second, the as you driver fee-related these key capital formation. and
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Number underpinning and data financial with formation debt strong new annual It's line global our today, for equity on growth we're AI-powered investment our important data well you were three, year seasonally manager new final we're today. focus center directly formation. portfolio matters. key as this to and Here, to way solutions. X and year. And billion our meet months the new strong in through why is meet fundraising we vertical the our capital where for largest globally across our capital year is high I position support centers of goals the to where increasingly conviction into walk a our targets last with billion positioned limited our This of the us catalyzing CM is really raised of in through heading is $X $X.X to private and exceed here. we'll I'll have
the let's portfolio at drives begin capital creation year-to-date that and So highlighting by DigitalBridge. our information value across how
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data Next why differentiated more To infrastructure. AI and have understand please. and understand capital limited markets our our allocating you evolution to the of to for vision slide, partners are broadly, DigitalBridge, footprint unique center
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deliver, to into describe deliver that track in rest when given A where year. balanced I've from in and around billion have across year to We some LPs our around laid global of new growth, formation, product, I'm billion the expect capital across fund Partners around a multi-strategy little DigitalBridge pipeline out today, of our flagship formation the a has digital year, programmatic We strategy, that with to of that report last our $X.X formation fuel of capital, with Now from. strong FEAUM flagship over new target which come year. months the with XXX-plus place very year-to-date. we I'm you Interestingly, like formation co-investment ultimately we I'd granularity an seasonally we by platform. strategies, come been year this our remain we diversified ambitious new credit. over on management as went engaged X we calendar particularly going is portfolio, should capital our the led cover how to about XX% we it's of we subsequent II, the were emerging asset where $X.X perspective slide. the to infrastructure last a particularly process head on
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Next slide, please.
want So to data at of to you new investor look of beat car year, asked ecosystem. key we're this new sits that strategies when that strategy, At co-investment across to about that intersection
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please. slide, Next
that we've This year-end formation factor commitments $X slide product closed DigitalBridge since conviction Another achieving our is process. targets underpins on formation at Partners and structured exceeding our specifically where our III, looks billion its capital exceeding around capital launch. capital
initial we've that had around These in exactly existing new date over participation logos. little our X/X as capital well you side, represent from LPs. re-ups of left-hand ratio the X/X the to On are as a strategic a committed coming see can from strong It's plan. line that's with
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of beginning the On fundraising the where very of can got to we we right-hand through gives LPs we've end side, we've conviction this progress capital and we're as is anchor This specific exposure a that year expect these the you structured of DigitalBridge what levered from to see seeing targets. our we'll group on interest thematics that LPs next. information process and the the ultimately that and us deliver and
Next time. Success capital page, formation please. ultimately financial drives in performance over
fee As to we and move closer hitting scale. our fundraising to earnings our revenues targets, continue
out earnings year, laid higher we'll half our of a have course contribution with from XXXX a year. hit we and X here base Here, the income capital on to year-to-date of guidance. want XXXX to FRE off the I over second catch-up which the that fees, outline factors create higher example of structurally for higher illustrative us of driven in our of build second fee the half the how an into path
First, year-to-date, we've delivered $XX million of FRE.
the over fees the earnings. the as quarters, of next XXXX, $X earn the increase revenues, an III, it of a simple year fee. earnings. And additional this algorithm, of the which higher from QX, catch-up it and And out Partners that, from the second the capital in Really fees drives loaded. strip on commitment, FRE. catch-up base higher is you as $XX addition, a year bit materially DigitalBridge into which of later -- X we'll for fees new will drives million FRE. think three, in formation that see flows It's and back-end top if progresses. larger about annualize that base million a you'll contribution fee Number higher Second, that's on half our catch-up
the detail me over for financial more quarter, to Tom. So Tom? let it turn on
