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Company Profile

Eldridge Industries

Eldridge Industries, LLC is an American conglomerate holding company that invests in the asset management, insurance, infrastructure, technology, mobility, and media industries. It is led by chairman and CEO Todd Boehly.

History
Eldridge Industries was formed in 2015 by CEO and Chairman Todd Boehly, President Anthony D. Minella, and General counsel Duncan Bagshaw, after Boehly purchased Dick Clark Productions, Billboard and The Hollywood Reporter, and Mediabistro from Guggenheim Partners. He named the company after the historic Eldridge Hotel, where he stayed while negotiating the acquisition of Security Benefit Life Insurance for Guggenheim. The company is headquartered in Miami, with offices in Abu Dhabi, Atlanta, Beverly Hills, Chicago, Dallas, Greenwich, Connecticut, New York City, and London. It employed approximately 5,000 employees in the United States as of 2025. In 2021, the College of William & Mary announced that it had partnered with the company to develop a series of courses related to fiscal policy at the Mason School of Business. ==Eldridge==
Eldridge
In 2025, the company launched Eldridge, a new asset manager and insurance holding company with over $70 billion in assets under management. Several existing Eldridge Industries asset management and investment businesses were reconsolidated under Eldridge. In 2025, Eldridge opened an office in Singapore. Eldridge is wholly owned by Eldridge Industries and includes two divisions, Eldridge Capital Management and Eldridge Wealth Solutions. In 2026, it closed Eldridge Diversified Credit Fund, a $1.5 billion credit fund established in partnership with Carlyle AlpInvest. It is the inaugural fund in Eldridge's diversified credit platform. Eldridge Wealth Solutions is the insurance and retirement division of Eldridge. Its holdings comprise Everly Life and Security Benefit Life Insurance, Security Benefit had a net income of over $1 billion in 2025. == Asset management and insurance ==
Asset management and insurance
Eldridge Industries owns and invests in asset management and insurance companies. Eldridge Industries owns Zinnia (formerly SE2), an end-to-end insurance software provider based in Topeka, Kansas. The company develops a platform of administrative and distribution tools and digital ledger technology used in insurance. Zinnia acquired Breathe Life, a SaaS insurance platform, in 2022 and acquired online insurance marketplace Policygenius in 2023, and technology company Ebix in 2024. Zinnia raised $300 million in strategic financing from Vista Credit Partners in 2024. In March 2025, Gary Cohn joined Zinnia's board of directors. In 2024, Eldridge Industries partnered with Raymond James Financial, and acquired a 10% interest in Blue Owl GP Stakes Fund III. In 2025, the company partnered with Fifth Third Bancorp to expand their private credit offerings. Investments and affiliated companies == Real estate ==
Real estate
Infrastructure Eldridge Industries invests heavily in infrastructure and real estate companies. Eldridge Industries co-founded Cain, a London-headquartered real estate firm founded in 2014. It has an estimated $14 billion in assets under management. Cain owns several luxury, mixed-use, residential, and commercial properties. The company seeded Essential Properties Realty Trust, a REIT that went public in June 2018. In 2019, Eldridge Industries invested $300 million in real estate investment company Kennedy Wilson. In 2020, Eldridge Industries co-founded Blackbrook Capital, an independent European real estate investment firm, with a €1 billion investment. Blackbrook merged with Cain in 2024. In 2024, it partnered with AECOM to create the real estate investment firm Eldridge Acre Partners. The firm launched with $1 billion in assets, and Eldridge Industries as the majority owner. The firm invests in urban mixed-use, industrial and student housing developments. In 2025, the firm invested $25 million in The Pike, a mixed-use development in Nashville, Tennessee's Dickerson Pike neighborhood. Luxury Eldridge Industries has developed several Miami properties, including 830 Brickell, a 55-story office skyscraper, Missoni Baia, and Una Residences. 830 Brickell was described by Bloomberg as "Miami’s most exclusive office tower" and became a sought after location for companies that relocated or expanded after the COVID-19 pandemic. The last available office in the tower was the most expensive lease in the history of Florida following a competitive bidding war. It owns the Delano Miami Beach Hotel, which was renovated as part of a joint venture with Accor and will reopen in April 2026. Through Cain, Eldridge has invested in hospitality group Aman Group, and is developing One Beverly Hills, a mixed-use site that includes the Beverly Hilton, the Waldorf-Astoria Beverly Hills, and an Aman Hotel, Residences & Club which broke ground in 2024. In 2025, Eldridge Industries and Cain received $300 million in financing from Vici Properties to develop One Beverly Hills. The property is scheduled for completion in 2027, ahead of the 2028 Summer Olympics in Los Angeles. In 2024, Cain completed its £124 million refinancing of The Stage, Shoreditch. In 2025, Cain bought The Dominick and announced plans to develop it into a Delano property. == Technology ==
Technology
Eldridge Industries has invested in technology companies across financial technology and services, artificial intelligence, data technology, materials science, and neuroscience. The company invested in Capital Integration Systems (CAIS) in 2020. CAIS developed the alternative investment and structured note SaaS CAIS platform. Investments and affiliated companies == Mobility ==
Mobility
Eldridge has invested in mobility companies related to food, delivery, health, and travel. In 2021, Eldridge Industries participated in multiple funding rounds for digital delivery service Gopuff, including the company's $1.1 billion financing round. Gopuff was valued at $40 billion in 2025 and had raised $5 billion since its founding. Eldridge Industries invests in Metropolis Technologies, an artificial intelligence company. It lead a $1.7 billion funding round Metropolis' $1.5 billion acquisition of SP Plus Corporation in 2024, which took SP Plus private. The company operates an artificial intelligence platform that processes contactless transactions at parking and airport locations, restaurants, retailers, and hospitality businesses. It is the largest parking provider in North America. It has over 4,500 locations by 2026, and had processed over $5 billion in payments from 50 million customers as of 2025. The company has invested in fintech company PayActiv. Eldridge Industries owns a stake in Flexjet; in 2025, L Catterton led an $800 million investment to acquire 20% of Flexjet. Flexjet is the only private aviation to decertify a union after decertifying the International Brotherhood of Teamsters. In 2025, the company invested in The St. James sports complex, a 450,000 sq. ft. facility in Springfield, Virginia. The complex is part of a planned network of elite sports training academies. Investments and affiliated companies == Sports ==
Sports
Eldridge Industries acquired stakes in multiple sports teams, including the Los Angeles Dodgers, and esports team Cloud9, 2020. Through thee Dodgers, the company has a stake in Chavez Ravine, the acreage around Dodger Stadium. Via their ownership in the Dodgers, the company has also invested in Spectrum SportsNet LA. Boehly has owned a stake in the Los Angeles Lakers since 2021. Eldridge Industries is also an investor in sports retailer Fanatics, Inc.. == Media and entertainment ==
Media and entertainment
Eldridge Industries owns and invests in film, television, digital media, publishing, and live entertainment companies. In 2023, Eldridge Industries and Penske formed the joint venture Penske Media Eldridge, which includes Dick Clark Productions, The Hollywood Reporter, Billboard, Variety, Rolling Stone, Vibe, Music Business Worldwide, and an investment in South by Southwest and Life Is Beautiful Music & Art Festival. Eldridge Industries took ticket retailer Vivid Seats public in 2021. In 2026, Eldridge Industries and Arctos Partners were announced as managers of a new fund that invests in sports leagues and entertainment companies. Music The company has invested in music catalogs as a source of cash flow, similar to real estate. In November 2020, Eldridge Industries acquired the music publishing rights to American rock band The Killers, covering the band's first five albums. Universal Music Publishing Group will continue to administer the catalogue. In December 2021, the company partnered with Sony Music Group to finance the acquisition of Bruce Springsteen's recorded music and songwriting catalogue. The deal, which was estimated to be between $500 million and $600 million, was reportedly the largest transaction for an individual artist's music rights to date. In 2023, it was announced that Eldridge Industries was the largest investor in Gamma, a music media company founded by Larry Jackson. The company partnered with artists such as Snoop Dogg and Usher, and made plans to develop films with A24. A24 Eldridge Industries is a cofounder of independent film company A24, which has produced films and television series such as Everything Everywhere All At Once, Uncut Gems, Civil War, and Euphoria. The company was valued at $3.5 billion in 2025, and has been nominated for 87 Academy Awards, of which it won 21. It is the first studio in history to win the top six Academy Awards in a single year, after winning Best Picture, Best Director, Best Actor, Best Actress, Best Supporting Actor, and Best Supporting Actress in 2023. Golden Globes Eldridge Industries and Dick Clark Productions acquired the assets, rights and properties of the Golden Globes to operate as a private enterprise in 2023. Under this deal, the non-profit Golden Globe Foundation was established to handle the philanthropic efforts of the former HFPA, which was dissolved. The 2024 Golden Globes aired on CBS on January 7, 2024 and was watched by 9.4 million viewers, the show's highest ratings since before the COVID-19 pandemic. The 2024 Globes included six nominees per category over the former five nominees, and two new awards categories: "Stand-up Comedy" and "Cinematic and Box Office Achievement." The 83rd Golden Globes aired on January 11, 2026 and added a new category: "Best Podcast". The broadcast of the 83rd Golden Globes had over 8.6 million viewers and 43 million impressions on social media, the highest level of online engagement in the awards' history. Investments and affiliated companies == Defense and aerospace ==
Defense and aerospace
Eldridge Industries provided a €150 million convertible bond to German aerospace company Isar Aerospace in 2026. The company also has a stake in Ausenco, a mining, engineering, and consulting company that supports the defense industry. == References ==
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