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Bridge Investment Group Holdings Inc. is an alternative investment manager focused on specialized asset classes, with investment teams across real estate, credit, renewable energy and secondaries strategies. Following the completed 2025 merger, Bridge survives as a wholly owned subsidiary of Apollo Global Management.
Company updates have covered operating and financial results, dividends, senior leadership promotions, shareholder voting matters and capital-structure disclosures. Recurring real estate news has included Bridge Logistics Properties activity, including acquisitions and refinancing of Class A industrial and logistics portfolios in U.S. markets such as Atlanta, the Inland Empire and other core distribution hubs.
Bridge Investment Group Holdings Inc. (NYSE: BRDG) reported strong financial results for Q3 2021, with total revenue of $92.2 million, marking a 79% increase year-over-year. Investment income soared by 340% to $84.9 million. Net income applicable to the Operating Company rose 113% to $58.0 million. Distributable earnings reached $42.4 million, up 185%. The company raised a record $1.5 billion in equity commitments, supported by a healthy commercial real estate market. A quarterly dividend of $0.24 was declared, payable on December 17, 2021.
Bridge Investment Group Holdings Inc. (NYSE: BRDG) will announce its third quarter 2021 financial results after market close on November 11, 2021. A conference call to discuss the results is scheduled for November 12, 2021, at 8:30 am ET. Interested participants can join via phone or live webcast. As of June 30, 2021, Bridge managed approximately $28.7 billion in assets across various U.S. real estate verticals, illustrating its diversified investment approach.
Bridge Investment Group Holdings Inc. (NYSE: BRDG) reported strong financial results for Q2 2021, with Total Revenue of $72.0 million and Investment Income of $79.9 million. The Net Income applicable to the Operating Company was $83.2 million, and Distributable Earnings reached $55.7 million. Following its IPO on July 20, 2021, the company emphasized growth potential in the logistics sector and reported new highs in fee-paying AUM and distributable earnings. Bridge holds approximately $28.7 billion in assets under management, focusing on U.S. real estate verticals.
Bridge Investment Group Holdings Inc. (NYSE: BRDG) will announce its second quarter 2021 financial results on August 10, 2021, after market close. The management will discuss the results in a conference call on August 11, 2021, at 8:30 am ET. Interested parties can participate by calling 1-877-405-1210 (Toll Free) or through a live webcast. An audio replay will be available post-call until August 25, 2021. As of March 31, 2021, Bridge manages approximately $26 billion in assets across various U.S. real estate verticals, including multifamily and logistics properties.
Bridge Investment Group Holdings has priced its initial public offering at $16.00 per share, offering 18,750,000 shares of Class A common stock. An additional 2,812,500 shares are available for underwriters to purchase within 30 days. Trading on the NYSE under the ticker symbol 'BRDG' is set to start on July 16, 2021, with the offering expected to close on July 20, 2021. Morgan Stanley, J.P. Morgan, and Citigroup serve as lead managers. Bridge manages approximately $26 billion in assets across various real estate sectors.
Bridge Investment Group Holdings has initiated an initial public offering (IPO) of 18,750,000 shares of its Class A common stock, with pricing expected between $15.00 and $17.00 per share. Additionally, underwriters may purchase up to 2,812,500 shares within 30 days at the IPO price. The shares will be listed on the NYSE under the symbol "BRDG." The offering is managed by Morgan Stanley, J.P. Morgan, and Citigroup, among others. It's crucial to note that the registration statement for the IPO is pending effectiveness.