BRDG News

After a slow start to the month, the IPO market revved back to life with 13 IPOs coming to market this past week. SPAC activity picked up, with seven blank check IPOs raising $940 million. New filers continued to flood the IPO pipeline, with fourteen IPOs and nine SPACs submitting initial filings.   Italian drug container supplier Stevanato Group (STVN)...read more

Bridge Investment Group, a vertically-integrated real estate investment manager with $26 billion in AUM, raised $300 million by offering 18.8 million shares at $16, the midpoint of the $15 to $17 range. At pricing, Bridge commands a market value of $1.8 billion. Bridge Investment Group is diversified across specialized real estate asset classes, including multifamily, debt, office,...read more

Updated Monday, 7/12. After a slow holiday week, 15 IPOs are scheduled to raise nearly $4 billion in the week ahead. A handful of SPACs should also price. Italian drug container supplier Stevanato Group (STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials,...read more

Bridge Investment Group, a vertically-integrated real estate investment manager with $26 billion in AUM, announced terms for its IPO on Wednesday. The Salt Lake City, UT-based company plans to raise $300 million by offering 18.8 million shares at a price range of $15 to $17. At the midpoint of the proposed range, Bridge Investment Group would command a fully diluted market...read more