Bridge Investment Group – $49.8B AUM & Apollo Merger

By Bobby Samwell • Sunday, March 09 15:18 • Permanent Link

Bridge Investment Group Holdings Inc. has recently released its 10-K report, revealing a diversified real estate investment management business. The company manages approximately $49.8 billion of assets under management (AUM) as of December 31, 2024, on behalf of around 100 global institutions and 6,500 individual investors across 25 investment vehicles. Bridge Investment Group Holdings Inc. operates as one business segment, utilizing a consolidated approach to assess financial performance and allocate resources, and it is headquartered in Salt Lake City, Utah.

One of the notable events highlighted in the report is the company's entry into a Merger Agreement on February 23, 2025, with Apollo. Under the terms of the agreement, Apollo will acquire all of Bridge Investment Group Holdings Inc.'s outstanding stock and units in an all-stock transaction, with the total equity value of the transaction estimated to be approximately $1.5 billion. The Mergers are expected to close in the third quarter of 2025, subject to the satisfaction or waiver of all conditions.

The report also discusses various trends affecting the company's business, including factors such as fund investors' favoring of private markets investments, the company's ability to generate strong, stable returns, its capacity to source investments with attractive risk-adjusted returns, and the attractiveness of its product offerings to a broad and evolving investor base. The report also highlights the company's ability to maintain its data advantage relative to competitors as a crucial factor in its future performance.

In terms of financial measures, the report details the company's key financial measures and operating metrics, such as revenues from fund management fees. As of December 31, 2024, the company's weighted-average management fee varies by fund, ranging from 0.50% to 1.99% of committed or invested capital for its closed-end funds.

As a result of these announcements, the company's shares have moved -2.0% on the market, and are now trading at a price of $9.3. For more information, read the company's full 10-K submission here.

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