Bridge Investment Group Holdings Inc. is an American

alternative investment An alternative investment, also known as an alternative asset or alternative investment fund (AIF), is an investment in any Asset classes, asset class excluding capital stocks, Bond (finance), bonds, and cash. The term is a relatively loose ...

company headquartered in

Salt Lake City, Utah Salt Lake City, often shortened to Salt Lake or SLC, is the List of capitals in the United States, capital and List of cities and towns in Utah, most populous city of the U.S. state of Utah. It is the county seat of Salt Lake County, Utah, Salt ...

. 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 In finance, the Private Equity Secondary Market (also often called Private Equity Secondaries or Secondaries) refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds or the un ...

property technology Property technology (also known as by the portmanteaus proptech, PropTech, prop-tech and also known as real estate technology) is used to refer to the application of information technology and platform economics to the real estate industry. Prope ...

, and

renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...

. In 2022, the firm was ranked by PERE (under ''

Private Equity International ''Private Equity International'' (PEI) is a global insight, analysis and data provider for the private equity industry, with a core focus on the relationship between investors and fund managers: the LP- GP nexus. Launched in December 2001, the t ...

'') as the thirteenth largest

private equity real estate Private equity real estate is a term used in investment finance to refer to a specific subset of the real estate investment asset class. Private equity real estate refers to one of the four quadrants of the real estate capital markets, which incl ...

company based on total fundraising over the most recent five-year period.

History

Bridge Investment Group was founded in 2009. In July 2019, Bridge announced it would be deploying $509 million in capital for projects in

opportunity zone An Opportunity Zone is a designation and investment program created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax advantages. The purpose of this program is to put capital to work that woul ...

s. In January 2021, Bridge announced it had raised almost $2 billion in capital for opportunity zones projects. In July 2021, Bridge held an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

becoming a listed company on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

at $16 per share. In February 2023, Bridge acquired

private equity firm A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

, Newbury Partners in $320.1 million all-cash deal so it could perform activities in the private-equity secondary market. In August 2023, it was reported that investors in Bridge stock had lost 22% over the last year. In February 2025, asset management firm

Apollo Global Management Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...

agreed to acquire Bridge for $1.5 billion.

References

External links

* {{authority control 2009 establishments in Utah Companies based in Salt Lake City Companies listed on the New York Stock Exchange Financial services companies established in 2009 Investment companies of the United States Real estate companies of the United States Announced mergers and acquisitions