Bridge Investment Group Holdings Inc.

General Information
Business:

We are a leading vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $26 billion of AUM (assets under management) as of March 31, 2021. Our ability to scale our specialized and operationally driven investment approach across multiple attractive sectors within real estate equity and debt, in a way that creates sustainable and thriving communities, is the ethos of who we are and the growth engine of our success. We have enjoyed significant growth since our establishment as an institutional fund manager in 2009, driven by strong investment returns and our successful efforts to develop an array of investment platforms focused on sectors of the U.S. real estate market that we believe are the most attractive. We have extensive multi-channel distribution capabilities and currently manage capital on behalf of more than a hundred global institutions and more than 6,500 individual investors across more than 25 investment vehicles.

As of Dec. 31, 2020, we had approximately $25 billion of AUM, including approximately $10 billion of fee-earning AUM, reflecting a AUM CAGR of 40.9% since 2016. From 2018 to 2020, our total revenues increased 78%, from $130 million to $232 million and our net income increased 89%, from $88 million to $166 million.

(Note: Bridge Investment Group Holdings priced its IPO on July 15, 2021, at $16 – the mid-point of its $15-to-$17 price range – on 18.75 million shares, the same number of shares in the prospectus, to raise $300 million.)

Industry: Investment Advice
Employees: 1650
Founded: 2011
Contact Information
Address 111 East Sego Lily Drive, Suite 400 Salt Lake City, Utah 84070
Phone Number (801) 716-4500
Web Address http://www.bridgeig.com/
View Prospectus: Bridge Investment Group Holdings Inc.
Financial Information
Market Cap $1755.2mil
Revenues $236.79 mil (last 12 months)
Net Income $172.29 mil (last 12 months)
IPO Profile
Symbol BRDG
Exchange NYSE
Shares (millions): 18.8
Price range $16.00 - $16.00
Est. $ Volume $300.0 mil
Manager / Joint Managers Morgan Stanley/ J.P. Morgan/ Citigroup/ Wells Fargo Securities/ UBS Investment Bank
CO-Managers AmeriVet Securities/ C.L. King & Associates/ Siebert Williams Shank
Expected To Trade: 7/16/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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