Bridge Investment Group

Bridge Investment Group Holdings Inc.

Company type	Public
Traded as	NYSE:  BRDG
Industry	Investment management
Founded	2009;16 years ago (2009)
Headquarters	Salt Lake City , Utah, United States
Key people	Robert Morse (chairman) Jonathan Slager (CEO)
Products	Alternative investments Private equity real estate Private credit
Revenue	$412 million (2024)
Net income	$16.7 million (2024)
AUM	$47.7 billion (2024)
Total assets	$1.25 billion (2024)
Total equity	$506 million (2024)
Number of employees	2,250 (2024)
Subsidiaries	Newbury Partners
Website	www.bridgeig.com
Footnotes /references [1] [2]

Bridge Investment Group Holdings Inc. is an American alternative investment company headquartered in Salt Lake City, Utah. The company focuses on investments in the real estate sector as well as credit investments. It has expanded into other areas such as the private-equity secondary market, property technology, and renewable energy.

In 2022, the firm was ranked by PERE (under Private Equity International ) as the thirteenth largest private equity real estate company based on total fundraising over the most recent five-year period. ^[3]

History

Bridge Investment Group was founded in 2009. ^[4]

In July 2019, Bridge announced it would be deploying $509 million in capital for projects in opportunity zones. ^[5] In January 2021, Bridge announced it had raised almost $2 billion in capital for opportunity zones projects. ^[6]

In July 2021, Bridge held an initial public offering becoming a listed company on the New York Stock Exchange at $16 per share. ^{[4] [7] [8]}

In February 2023, Bridge acquired private equity firm, Newbury Partners in $320.1 million all-cash deal so it could perform activities in the private-equity secondary market. ^{[9] [10]}

In August 2023, it was reported that investors in Bridge stock had lost 22% over the last year. ^[11]

In February 2025, asset management firm Apollo Global Management agreed to acquire Bridge for $1.5 billion. ^[12]

References

1. "Form ADV" (PDF). SEC. Archived (PDF) from the original on May 13, 2023. Retrieved May 13, 2023.
2. "2024 Annual Report (Form 10-K)". U.S Securities and Exchange Commission. March 7, 2025. Retrieved March 8, 2025.
3. "The PERE 100 bounces back" (PDF). Harrison Street. 2022. Archived (PDF) from the original on July 7, 2022. Retrieved May 13, 2023.
4. Machine, Weighing (December 16, 2022). "Bridge Investment Group: 8% Yield & Significant Upside Potential (BRDG) | Seeking Alpha". seekingalpha.com. Archived from the original on May 13, 2023. Retrieved May 13, 2023.
5. "The Masses Are Drawn Toward Funds Chasing Real Estate Tax Breaks". Bloomberg.com. July 9, 2019. Archived from the original on January 2, 2022. Retrieved May 13, 2023.
6. "Stock Market Rally Spurs Investment in New Tax-Saving Funds". Bloomberg.com. January 15, 2021. Archived from the original on January 15, 2021. Retrieved May 13, 2023.
7. "Bridge Investment Group Holdings Inc. Announces Pricing of Initial Public Offering". Bloomberg.com. July 15, 2021. Retrieved May 13, 2023.
8. Dorbian, Iris (July 16, 2021). "Bridge Investment Group goes public". PE Hub. Archived from the original on May 13, 2023. Retrieved May 13, 2023.
9. James, Rod (February 14, 2023). "Bridge Investment Group Moves Into Secondaries With Newbury Acquisition". Wall Street Journal. ISSN   0099-9660. Archived from the original on May 13, 2023. Retrieved May 13, 2023.
10. Manayiti, Obey Martin (February 21, 2023). "Bridge's $320m acquisition of Newbury opens path to real estate secondaries". PE Hub. Archived from the original on May 13, 2023. Retrieved May 13, 2023.
11. "Investors in Bridge Investment Group Holdings (NYSE:BRDG) have unfortunately lost 22% over the last year". Yahoo Finance. August 1, 2023. Archived from the original on August 2, 2023. Retrieved September 21, 2023.
12. "Apollo to buy real-estate management firm Bridge Investment for $1.5 billion". Reuters. February 24, 2025.

External links

• Official website