DigitalBridge Group, Inc. (NYSE:DBRG) Q4 2022 Earnings Call Transcript

Our $8-plus billion of capital formation this year for a company of our size and the CAGR growth that we’re going to deliver is industry-leading. We believe that $8 billion plus of capital will come on at incredibly high margins. And in addition to that, we believe we will also continue to realize great investments, which we have not underwritten in our guidance, as Jacky told you earlier. The 70-plus percent growth in FEEUM will be industry-leading, and we have supreme conviction around our ability to hit on those numbers. $22.2 billion to $38 billion is a realistic target for us. And my goal is to exceed and beat that as we’ve done with every metric we’ve put out in front of the street. So look, at the end of the day, it’s about execution.

I think you’ve heard from us today in a very granular fashion what we’re doing out there in terms of capital formation, how we’re running our portfolio of companies with prudence and at the same time, growing from strength and playing offense with key customers. And then last but not least, preserving liquidity and deleveraging the company. These are the things that matter. You want to be with a wartime CEO that’s been there and done that before, and with a trusted CFO that’s been there and done it before. Jacky and I are very confident in what we’re doing. Stay with us, we won’t disappoint, we’re going to have a good year, we’re going to go out and execute. We appreciate your time, and we appreciate your patience and your support in DigitalBridge.

Have a great weekend. And as always, Severin, myself and Jacky are available to all of you at any time if you want to have a conversation with us. Take care, and we’ll be in touch soon. Bye-bye.

Operator: Thank you. This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.