Excluding GuidanceExcluding quarterly guidance for incremental FEEUM might be viewed negatively, as estimating capital raised in a short period is difficult to predict.
Fee Revenue And FRE GuidanceThe company has lowered its 2024 guidance for Fee Revenue and FRE due to the timing and mix of fundraising and higher-than-expected realizations.
Fee-Generating AssetsDigital Bridge has found it necessary to partner with other funds and accept lower fee-generating assets, indicating challenges in raising fee-generating assets in the market.