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Eldridge

Full company profile

uuid00044tf

Namestring
Eldridge
Legal namestring
Eldridge, LLC
Websiteurl
eldridge.com
Company typeenum
Private
Founded yearint
2024
Descriptiontext

Eldridge is an asset management and insurance holding company wholly owned by Eldridge Industries, LLC, formed in December 2024 with approximately $74 billion in assets under management across two operating divisions. Eldridge Capital Management (ECM) runs diversified credit, GP solutions, real estate credit, and sports & entertainment investment strategies, and operates as an asset-based equipment lending and leasing platform that originates large facilities for power generation, transportation, and industrial borrowers (e.g., $350M for ProPetro, $375M for Atlas Energy Solutions, $200M for Conduit Power). Eldridge Wealth Solutions (EWS) distributes retirement annuities, life insurance, and investment products to retail and advisor channels through wholly-owned subsidiaries Security Benefit and Everly Life.

The company generates revenue through a hybrid model combining asset management fees (including incentive or carried interest on direct investments such as the Eldridge Diversified Credit Fund I in partnership with Carlyle AlpInvest, the CAIS Sports, Media and Entertainment Fund mandate, and equity rounds in Gopuff, Dataminr, Metropolis, and KOHO), insurance and retirement product economics from the Security Benefit and Everly Life balance sheets, and net interest income and lease economics from equipment finance and real estate credit originations. Distribution is multi-channel: direct institutional sales, captive retail and advisor distribution via Security Benefit and Everly Life, third-party institutional placement via Carlyle AlpInvest, advisor platforms via CAIS, and consortium-based deal flow with Cain International and VICI Properties (most notably the $4.3 billion One Beverly Hills financing).

Eldridge employs between 251 and 500 people across 13 disclosed office locations spanning New York (headquarters at 767 Fifth Avenue), Topeka, Beverly Hills, Miami, Chicago, Dallas, Greenwich, Atlanta, Des Moines, Overland Park, London, Singapore, and Mumbai. Eldridge Industries, led by CEO Todd Boehly, is the sole shareholder; Zinnia, an affiliated insurance technology platform, is referenced but sits outside the Eldridge, LLC corporate entity. The technology stack for core investment operations is not publicly disclosed, with no proprietary software products, APIs, or patents identified in the input data.

Short descriptiontext

Eldridge is a privately held asset management and insurance holding company with $74 billion in AUM, operating Eldridge Capital Management (credit, real estate credit, GP solutions, sports & entertainment) and Eldridge Wealth Solutions (Security Benefit and Everly Life) for institutional, advisor, and retail clients globally.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices13 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
asset management services, private credit investments, insurance and retirement solutions, wealth management platform, equipment leasing finance
Industry2 codes
1Insurance-Integrated Wealth Managers (RIA + Insurance Solutions)
CodeFSAAACAIPrimaryYes
2Broker-Dealer Affiliated Wealth Advisory
CodeFSAEABABPrimaryNo
NAICS code3 codes
  • Portfolio Management and Investment Advice523940
  • Other Financial Investment Activities5239
  • Finance and Insurance52
SIC code4 codes
  • Investment Advice6282
  • Insurance Agents, Brokers & Service6411
  • Life Insurance6311
  • Asset-Backed Securities6189
Product category
Asset Management
Social media profiles1 record
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Eldridge is an asset management and insurance holding company that manages $74 billion in assets under management through two divisions. Eldridge Capital Management delivers diversified investment strategies including asset-based equipment lending and leasing, diversified credit, GP solutions, real estate credit, and sports and entertainment investments. Eldridge Wealth Solutions distributes insurance and retirement products through the Security Benefit and Everly Life brands.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Eldridge is an asset management and insurance holding company wholly owned by Eldridge Industries, LLC. The company operates through two main divisions: Eldridge Capital Management (ECM) and Eldridge Wealth Solutions (EWS). Eldridge Capital Management provides diversified investment strategies including asset-based equipment lending, diversified credit, GP solutions, real estate credit, and sports & entertainment investments. Eldridge Wealth Solutions comprises Security Benefit and Everly Life, offering insurance and retirement solutions. The company also launched the Eldridge Diversified Credit Fund I (EDCF I) in partnership with Carlyle AlpInvest, representing approximately $1.5 billion in investable capital.

Product and service5 records
1Eldridge Diversified Credit Fund I (EDCF I)
CategoryFund Product
Description

Commingled fund vehicle within the Eldridge Diversified Credit Platform providing institutional investors with exposure to diversified credit investments across multiple sectors and asset classes.

2Security Benefit Annuity and Retirement Products
CategoryInsurance and Retirement Products
Description

Retirement solutions offering annuity products, retirement accounts, and investment management services distributed through financial advisors and registered investment advisors.

3Everly Life Insurance Products
CategoryLife Insurance
Description

Life insurance and related financial protection products distributed through insurance advisors and brokers.

4Asset-Based Equipment Leasing Facilities
CategoryEquipment Lending and Leasing
Description

Direct lending and lease facilities provided by Eldridge Capital Management to corporate borrowers across power generation, oilfield services, recycling, and industrial sectors, exemplified by the $375 million Atlas Energy Solutions lease and the $350 million ProPetro Energy Solutions lease.

5CAIS Sports, Media and Entertainment Fund
CategoryMulti-Manager Fund Product
Description

Multi-manager fund vehicle that uses Eldridge as a core independent manager for sports, media and entertainment investment exposure available on the CAIS platform.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-22
Description

Eldridge and Carlyle AlpInvest partnered to launch the Eldridge Diversified Credit Platform and Eldridge Diversified Credit Fund I (EDCF I), with approximately $1.5 billion in investable capital from equity commitments and debt financing arranged by BNP Paribas.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-12-05
Description

CAIS selected Eldridge as a core independent manager for the CAIS Sports, Media and Entertainment Fund.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-07-29
Description

Fifth Third and Eldridge announced a private credit partnership.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Multi-platform alternative asset manager combining yield-oriented credit, equity, and insurance (Athene). Closely comparable to Eldridge's combination of ECM credit strategies with Security Benefit/Everly Life insurance capital.

TypeDirect peer
Description

Alternative asset manager focused on direct lending, GP minority-stake solutions, and real estate. GP Solutions product at Eldridge maps directly to Blue Owl's GP Stakes franchise.

TypeDirect peer
Description

Alternative credit and direct lending platform with growing sports, media, and entertainment investment activity. Comparable to Eldridge's diversified credit and sports/entertainment focus.

TypeBroad incumbent
Description

Large diversified alternative asset manager across credit, real estate, private equity, and insurance-linked strategies. Comparable breadth of platform but at materially greater scale.

TypeDirect peer
Description

Credit-oriented alternative asset manager with diversified strategies including real estate debt and corporate credit. Closely comparable to Eldridge's diversified credit and real estate credit strategies.

TypeBroad incumbent
Description

Largest alternative asset manager globally, with private credit, real estate, and insurance-adjacent strategies. Operates in the same end markets as Eldridge but at vastly greater scale across a wider strategy set.

TypeDirect peer
Description

Insurance and retirement platform with a strong annuity franchise and affiliated asset management capabilities. Comparable to Security Benefit and Everly Life inside Eldridge Wealth Solutions.

TypeDirect peer
Description

Global multi-strategy alternative asset manager and explicit partner to Eldridge via the EDCF I platform (with AlpInvest). Comparable across credit, real estate, and sports/entertainment (e.g., Envision Racing).

TypeDirect peer
Description

Large alternative asset manager with a credit-led platform across direct lending, asset-based finance, and real estate. Most direct peer given Eldridge's diversified credit, equipment finance, and GP solutions strategies.

TypeBroad incumbent
Description

Global alternative asset manager with significant real estate, credit, renewable power, and insurance exposure. Overlaps with Eldridge's real estate credit and energy/power equipment finance.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment14 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Eldridge

Asset Managementeldridge.com

Eldridge is a privately held asset management and insurance holding company with $74 billion in AUM, operating Eldridge Capital Management (credit, real estate credit, GP solutions, sports & entertainment) and Eldridge Wealth Solutions (Security Benefit and Everly Life) for institutional, advisor, and retail clients globally.

What Eldridge does

Eldridge is an asset management and insurance holding company wholly owned by Eldridge Industries, LLC, formed in December 2024 with approximately $74 billion in assets under management across two operating divisions. Eldridge Capital Management (ECM) runs diversified credit, GP solutions, real estate credit, and sports & entertainment investment strategies, and operates as an asset-based equipment lending and leasing platform that originates large facilities for power generation, transportation, and industrial borrowers (e.g., $350M for ProPetro, $375M for Atlas Energy Solutions, $200M for Conduit Power). Eldridge Wealth Solutions (EWS) distributes retirement annuities, life insurance, and investment products to retail and advisor channels through wholly-owned subsidiaries Security Benefit and Everly Life.

The company generates revenue through a hybrid model combining asset management fees (including incentive or carried interest on direct investments such as the Eldridge Diversified Credit Fund I in partnership with Carlyle AlpInvest, the CAIS Sports, Media and Entertainment Fund mandate, and equity rounds in Gopuff, Dataminr, Metropolis, and KOHO), insurance and retirement product economics from the Security Benefit and Everly Life balance sheets, and net interest income and lease economics from equipment finance and real estate credit originations. Distribution is multi-channel: direct institutional sales, captive retail and advisor distribution via Security Benefit and Everly Life, third-party institutional placement via Carlyle AlpInvest, advisor platforms via CAIS, and consortium-based deal flow with Cain International and VICI Properties (most notably the $4.3 billion One Beverly Hills financing).

Eldridge employs between 251 and 500 people across 13 disclosed office locations spanning New York (headquarters at 767 Fifth Avenue), Topeka, Beverly Hills, Miami, Chicago, Dallas, Greenwich, Atlanta, Des Moines, Overland Park, London, Singapore, and Mumbai. Eldridge Industries, led by CEO Todd Boehly, is the sole shareholder; Zinnia, an affiliated insurance technology platform, is referenced but sits outside the Eldridge, LLC corporate entity. The technology stack for core investment operations is not publicly disclosed, with no proprietary software products, APIs, or patents identified in the input data.

Eldridge firmographics

Firmographics
Name
Eldridge
Legal name
Eldridge, LLC
Website
https://eldridge.com
Company type
Private
Founded year
2024
Operating status
Operating
Headcount range
251–500 employees
Short description
Eldridge is a privately held asset management and insurance holding company with $74 billion in AUM, operating Eldridge Capital Management (credit, real estate credit, GP solutions, sports & entertainment) and Eldridge Wealth Solutions (Security Benefit and Everly Life) for institutional, advisor, and retail clients globally.
Ownership category
akta.pro rank

Eldridge industry classification

Industry
Product category
Asset Management
NAICS
Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), Finance and Insurance (52)
SIC
Investment Advice (6282), Insurance Agents, Brokers & Service (6411), Life Insurance (6311), Asset-Backed Securities (6189)
akta.pro primary industry
Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
akta.pro secondary industry
Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

Keywords

  • Asset management services
  • Private credit investments
  • Insurance and retirement solutions
  • Wealth management platform
  • Equipment leasing finance

Where Eldridge is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices13 records

Markets served

Eldridge business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Distribution channels4 records

Marketing channels5 records

Eldridge product offering

Product offering

Core offering

Eldridge is an asset management and insurance holding company that manages $74 billion in assets under management through two divisions. Eldridge Capital Management delivers diversified investment strategies including asset-based equipment lending and leasing, diversified credit, GP solutions, real estate credit, and sports and entertainment investments. Eldridge Wealth Solutions distributes insurance and retirement products through the Security Benefit and Everly Life brands.

Product overview

Eldridge is an asset management and insurance holding company wholly owned by Eldridge Industries, LLC. The company operates through two main divisions: Eldridge Capital Management (ECM) and Eldridge Wealth Solutions (EWS). Eldridge Capital Management provides diversified investment strategies including asset-based equipment lending, diversified credit, GP solutions, real estate credit, and sports & entertainment investments. Eldridge Wealth Solutions comprises Security Benefit and Everly Life, offering insurance and retirement solutions. The company also launched the Eldridge Diversified Credit Fund I (EDCF I) in partnership with Carlyle AlpInvest, representing approximately $1.5 billion in investable capital.

Differentiator

Problem solved

Functional benefit

Products and services

  • Eldridge Diversified Credit Fund I (EDCF I) Commingled fund vehicle within the Eldridge Diversified Credit Platform providing institutional investors with exposure to diversified credit investments across multiple sectors and asset classes.
  • Security Benefit Annuity and Retirement Products Retirement solutions offering annuity products, retirement accounts, and investment management services distributed through financial advisors and registered investment advisors.
  • Everly Life Insurance Products Life insurance and related financial protection products distributed through insurance advisors and brokers.
  • Asset-Based Equipment Leasing Facilities Direct lending and lease facilities provided by Eldridge Capital Management to corporate borrowers across power generation, oilfield services, recycling, and industrial sectors, exemplified by the $375 million Atlas Energy Solutions lease and the $350 million ProPetro Energy Solutions lease.
  • CAIS Sports, Media and Entertainment Fund Multi-manager fund vehicle that uses Eldridge as a core independent manager for sports, media and entertainment investment exposure available on the CAIS platform.

Companies that use Eldridge

Customer profile

Ideal customer profiles3 records

Eldridge technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Eldridge partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • Carlyle AlpInvestcoreStrategic or Co-development Partner · 22 January 2026Eldridge and Carlyle AlpInvest partnered to launch the Eldridge Diversified Credit Platform and Eldridge Diversified Credit Fund I (EDCF I), with approximately $1.5 billion in investable capital from equity commitments and debt financing arranged by BNP Paribas.
  • CAISminorStrategic or Co-development Partner · 5 December 2025CAIS selected Eldridge as a core independent manager for the CAIS Sports, Media and Entertainment Fund.
  • Fifth ThirdminorStrategic or Co-development Partner · 29 July 2025Fifth Third and Eldridge announced a private credit partnership.

Scale indicators2 records

Recent moves8 records

Expansion highlights6 records

Eldridge competitors and assessment

Company assessment

Direct peers

  • Apollo Global Management: Multi-platform alternative asset manager combining yield-oriented credit, equity, and insurance (Athene). Closely comparable to Eldridge's combination of ECM credit strategies with Security Benefit/Everly Life insurance capital.
  • Blue Owl Capital: Alternative asset manager focused on direct lending, GP minority-stake solutions, and real estate. GP Solutions product at Eldridge maps directly to Blue Owl's GP Stakes franchise.
  • Sixth Street: Alternative credit and direct lending platform with growing sports, media, and entertainment investment activity. Comparable to Eldridge's diversified credit and sports/entertainment focus.
  • Oaktree Capital Management: Credit-oriented alternative asset manager with diversified strategies including real estate debt and corporate credit. Closely comparable to Eldridge's diversified credit and real estate credit strategies.
  • Security Benefit / Everly Life direct peer — Global Atlantic Financial Group: Insurance and retirement platform with a strong annuity franchise and affiliated asset management capabilities. Comparable to Security Benefit and Everly Life inside Eldridge Wealth Solutions.
  • Carlyle Group: Global multi-strategy alternative asset manager and explicit partner to Eldridge via the EDCF I platform (with AlpInvest). Comparable across credit, real estate, and sports/entertainment (e.g., Envision Racing).
  • Ares Management: Large alternative asset manager with a credit-led platform across direct lending, asset-based finance, and real estate. Most direct peer given Eldridge's diversified credit, equipment finance, and GP solutions strategies.

Broad incumbents

  • KKR: Large diversified alternative asset manager across credit, real estate, private equity, and insurance-linked strategies. Comparable breadth of platform but at materially greater scale.
  • Blackstone: Largest alternative asset manager globally, with private credit, real estate, and insurance-adjacent strategies. Operates in the same end markets as Eldridge but at vastly greater scale across a wider strategy set.
  • Brookfield Asset Management: Global alternative asset manager with significant real estate, credit, renewable power, and insurance exposure. Overlaps with Eldridge's real estate credit and energy/power equipment finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Eldridge social profiles

Digital presence

Eldridge financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Eldridge leadership team

Management profile

Number of profiles

Profiles13 records

Eldridge subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Eldridge funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Eldridge M&A and investment

M&A and investment

M&A1 record

Investments14 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eldridge

What does Eldridge do?

Eldridge is an asset management and insurance holding company that manages $74 billion in assets under management through two divisions. Eldridge Capital Management delivers diversified investment strategies including asset-based equipment lending and leasing, diversified credit, GP solutions, real estate credit, and sports and entertainment investments. Eldridge Wealth Solutions distributes insurance and retirement products through the Security Benefit and Everly Life brands.

Is Eldridge a public or private company?

Eldridge is a private company. It is classified as corporate owned and is currently operating.

When was Eldridge founded?

Eldridge was founded in 2024. It employs 251 to 500 people.

Where is Eldridge based?

Eldridge is headquartered in New York, United States, in the North America region.

Who are Eldridge's main competitors?

Direct peers on record are Apollo Global Management, Blue Owl Capital, Sixth Street, Oaktree Capital Management, Security Benefit / Everly Life direct peer — Global Atlantic Financial Group, Carlyle Group and Ares Management. Broad incumbents are KKR, Blackstone and Brookfield Asset Management.

Does Eldridge have an API?

No public API is recorded for Eldridge.

What industry is Eldridge in?

Eldridge's product category is Asset Management. Its primary akta.pro industry code is FSAAACAI, Insurance-Integrated Wealth Managers (RIA + Insurance Solutions), with a secondary code of FSAEABAB, Broker-Dealer Affiliated Wealth Advisory. Its NAICS code is 523940 and its SIC code is 6282.

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Live signals
Sports Video GroupOvertime Raises New Strategic Investment Led by Eldridge Capital Management – Sports Video GroupOvertime announced a new strategic investment led by Eldridge Capital Management, which holds stakes in sports and media companies. The investment validates Overtime's growth and positions it for its next phase, with Eldridge citing the company's audience and revenue momentum.Sports Business JournalTodd Boehly’s Eldridge backs Overtime in new investment roundOvertime raised a strategic investment round led by Eldridge Capital Management, Todd Boehly's asset management arm. Financial details were not disclosed, but the funds will support content, commerce, technology, and live sports properties including Overtime Elite, Overtime Select, and OT7. Overtime previously raised $100M in 2022.Seeking AlphaCLOZ ETF: Rate Hikes Would Be Good News For This Fund (NYSEARCA:CLOZ)Eldridge BBB-B CLO ETF (CLOZ) remains a buy, offering a 6.8% estimated annual yield with monthly distributions. The fund has grown AUM despite underperforming peers YTD due to higher BB tranche exposure. Rising CLO defaults could erode capital appreciation.Seeking AlphaCLOZ ETF: Rate Hikes Would Be Good News For This Fund (NYSEARCA:CLOZ)Eldridge BBB-B CLO ETF (CLOZ) remains a buy with a 6.8% estimated annual yield and monthly distributions. The fund has shifted toward higher-quality BBB CLOs, though it underperformed peers YTD due to higher BB tranche exposure. Rising CLO defaults could erode capital appreciation.MonitordailyScale as Strategy: Inside Eldridge’s Climb to the Top of Industrial & Manufacturing FinanceEldridge, an independent equipment finance company, said it was named a Market Leader in the Industrial & Manufacturing asset class, ranking among the top 20 lenders/lessors by new business volume. It has originated over $18.5 billion in equipment leases and loans since 2015, with about $7 billion in assets under management as of June 30, 2026, and less than 3 basis points of credit losses.ThemiddlemarketEldridge Buys Significant Stake in SudolabsEldridge has acquired a significant stake in Sudolabs, aiming to form a strategic partnership that accelerates the AI provider’s growth in the U.S. This investment supports Sudolabs' expansion while the company continues its operations from Slovakia, focusing on custom AI systems for enterprise clients.EU-StartupsChelsea co-owner Todd Boehly’s Eldridge acquires ownership stake in Slovak AI firm SudolabsEldridge, a global holding company co-founded by Chelsea Football Club co-owner Todd Boehly, has acquired a significant ownership stake in Sudolabs, a Slovakia-based provider of custom agentic AI systems and consulting services for enterprise clients. The financial terms were not disclosed, but the deal forms a strategic partnership aimed at helping enterprises deploy AI at scale, with Eldridge's investment intended to accelerate Sudolabs' growth in the US market. With roughly 70% of Sudolabs' client base based in the United States, the investment provides greater resources and reach for the company to deploy its AI systems for American enterprise clients as it scales its US operations.AijournEldridge Acquires Ownership Stake in AI Firm SudolabsEldridge has acquired a significant stake in Sudolabs, a Slovakian AI company, to help expand Sudolabs' operations in the United States through a strategic partnership. Sudolabs specializes in AI enterprise transformation and implements custom AI systems for enterprise clients.FinancialContent Business PageEldridge Announces Refinancing of Ten Twenty SpringEldridge Capital Management announced a $278 million loan to refinance Ten Twenty Spring, a 25-story Class-A office building in Atlanta's Midtown owned by Portman and funds affiliated with Blackstone Real Estate. The 540,000 square-foot property features market-leading amenities and has attracted notable tenants including Ernst & Young, Reed Smith, and Pinnacle Financial Partners, which will establish its new corporate headquarters across five floors of the building. The transaction demonstrates continued institutional demand for high-quality office space integrated within vibrant mixed-use urban districts.The Hollywood ReporterPenske Media Sued by Hollywood Foreign Press Over Golden Globes BuyThe Hollywood Foreign Press Association filed a lawsuit on Tuesday in California federal court against Penske Media, alleging the company fraudulently acquired the Golden Globes as part of a scheme to monopolize the awards market. The HFPA claims Penske Media exploited its control over entertainment industry publications to orchestrate a boycott that rendered the organization vulnerable to acquisition. In 2023, Dick Clark Productions and Eldridge acquired the Golden Globes from the HFPA, with Dick Clark Productions sharing ownership with Penske Media-owned The Hollywood Reporter.