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Bridge Investment Group Priced, NYSE: BRDG

Vertically-integrated real estate investment manager with $26 billion in AUM.

Industry: Real Estate

Latest Trade: $6.94 0.00 (0.0%)

First Day Return: -2.2%

Return from IPO: -56.6%

Industry: Real Estate

We are a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $26 billion of AUM 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. We employ a specialized, vertically integrated model spanning nine investment platforms across real estate equity and debt strategies. Our vertically integrated approach includes investment professionals as well as employees who perform active asset management, property management, leasing, and construction management functions. By directly operating the properties that we acquire or develop, we are able to find opportunities to generate significant alpha at the asset level, creating a key competitive advantage to drive returns for our fund investors. This high-touch owner-operator approach, which we have refined over decades, provides a difficult to replicate, data-driven investment strategy.
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IPO Data
IPO File Date 06/22/2021
Offer Price $16.00
Price Range $15.00 - $17.00
Offer Shares (mm) 18.8
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/15/2021
Offer Price $16.00
Price Range $15.00 - $17.00
Offer Shares (mm) 18.8
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
J.P. Morgan
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Company Data
Headquarters Salt Lake City, UT, United States
Founded 2011
Employees 1,650
Website www.bridgeig.com

Bridge Investment Group (BRDG) Performance