Company Description
Bridge Investment Group Holdings Inc. (NYSE: BRDG) is described in regulatory filings and company communications as an alternative investment manager operating in the finance and insurance sector. According to its public disclosures, Bridge is diversified across specialized asset classes and focuses on select U.S. verticals across real estate, credit, renewable energy and secondaries strategies. The company has been listed on the New York Stock Exchange under the ticker symbol BRDG and has positioned itself as an alternative investment manager with a nationwide operating platform.
Bridge’s business is centered on managing investment strategies that are tied to real assets and related credit. Company materials state that Bridge combines its operating platform with dedicated teams of investment professionals who concentrate on specific verticals. These verticals include real estate-related strategies such as workforce and affordable housing, multifamily housing, seniors housing and logistics properties, as well as credit, renewable energy and secondaries strategies, as referenced in its earnings and sustainability communications.
Business focus and investment strategies
Public communications about Bridge explain that the firm manages vehicles across multiple strategies. In the GRESB Real Estate Assessment, Bridge reported participation with vehicles in Workforce and Affordable Housing, Multifamily Housing, Seniors Housing and Logistics Properties. Separate news releases describe Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc., as a vertically integrated logistics real estate investment manager that acquires and develops industrial and logistics assets in U.S. markets.
Company earnings releases describe Bridge as an alternative investment manager with assets under management measured in the tens of billions of dollars, diversified across real estate, credit, renewable energy and secondaries strategies. These releases emphasize that Bridge uses dedicated teams focused on select verticals and a nationwide operating platform to pursue its investment objectives. The firm also highlights participation in ESG benchmarking frameworks such as the GRESB Real Estate Assessment for several of its real estate strategies.
Bridge Logistics Properties and industrial real estate
Multiple news releases provide detail on Bridge’s logistics-focused activities through Bridge Logistics Properties. BLP is described as a vertically integrated logistics real estate investment manager led by real estate professionals with experience across several economic environments. BLP targets logistics and industrial assets in U.S. markets that it characterizes as coastal, gateway or key logistics hubs. Transactions disclosed in press releases include acquisitions of Class A industrial portfolios in locations such as the Inland Empire West in California and the Atlanta I-75 South corridor, as well as a refinanced portfolio of industrial assets across several U.S. states.
These communications describe BLP’s approach as value-focused, emphasizing well-leased, cash-flowing industrial properties and highlighting factors such as modern building specifications, lease terms and connectivity to major transportation infrastructure. BLP is also described as operating through a regional structure with offices in locations including New Jersey, Atlanta, Miami, Dallas, Los Angeles and, in another release, New Jersey, Atlanta, Dallas and Los Angeles.
Corporate developments and acquisition by Apollo
According to a Form 8-K filed on September 2, 2025, Bridge Investment Group Holdings Inc. entered into an Agreement and Plan of Merger dated February 23, 2025 with Apollo Global Management, Inc., Bridge Investment Group Holdings LLC, and merger subsidiaries of Apollo. The Form 8-K states that on September 2, 2025, the transactions contemplated by the Merger Agreement were completed. In the corporate merger, Aspen PubCo Merger Sub I, Inc. merged with and into Bridge, with Bridge surviving as a wholly owned subsidiary of Apollo. A related LLC merger combined Aspen Second Merger Sub, LLC with Bridge Investment Group Holdings LLC, with the latter surviving as a wholly owned subsidiary of Apollo.
The same Form 8-K explains that, at the effective time of the corporate merger, each issued and outstanding share of Bridge Class A common stock (other than certain excluded shares) was cancelled and converted into the right to receive shares of Apollo common stock based on an exchange ratio specified in the Merger Agreement, plus cash in lieu of fractional shares. Shares of Class B common stock were also converted into the right to receive Apollo common stock based on a separate exchange ratio, subject to conditions described in the filing. As a result of the completion of the merger, the filing states that a change in control of Bridge occurred and Bridge became a wholly owned subsidiary of Apollo.
Delisting and deregistration of BRDG
Following completion of the merger, Bridge’s Class A common stock ceased trading on the New York Stock Exchange. A Form 8-K dated September 2, 2025 reports that the company notified the NYSE of the completion of the corporate merger and requested suspension of trading and withdrawal of the Class A common stock from listing on the NYSE. The filing notes that the NYSE would file a Form 25 to effect the delisting of the Class A common stock and that the company intended to file a Form 15 to deregister the Class A common stock under the Securities Exchange Act of 1934.
On September 2, 2025, a Form 25 filed by the New York Stock Exchange with the SEC identifies Bridge Investment Group Holdings Inc. as the issuer and the NYSE as the exchange, and describes the Class A common stock as the class of securities being removed from listing and registration under Section 12(b) of the Exchange Act. The filing indicates that the exchange has complied with its rules to strike the class of securities from listing and registration.
Subsequently, on September 12, 2025, Bridge filed a Form 15 certifying the termination of registration of its Class A common stock under Section 12(g) of the Exchange Act and suspension of its duty to file reports under Sections 13 and 15(d). The Form 15 notes that, as of the certification date, there was approximately one holder of record, and it reiterates that, pursuant to the Merger Agreement, Bridge became a wholly owned subsidiary of Apollo.
Historical context and prior description
A prior description associated with Bridge Investment Group Partners, LLC, referenced in external data, characterizes Bridge as a fund manager for a family of private real estate-related funds and notes that Bridge and its affiliates manage apartment units and commercial office property, with headquarters in Salt Lake City, Utah. While specific figures in that description may be dated, it provides historical context for Bridge’s origins as a real estate-focused investment manager headquartered in the Salt Lake City area.
ESG and sustainability reporting
In a news release discussing the 2024 GRESB Real Estate Assessment, Bridge states that it participates in GRESB with multiple vehicles and that each recurring reporting vehicle achieved point increases from the prior year. The release notes that all participating vehicles earned at least two Green Stars, with one earning three Green Stars, and that all vehicles achieved high scores in the management section of the assessment. Bridge presents this as evidence of its focus on ESG-related management practices across its real estate strategies.
Company status for investors researching BRDG
For investors reviewing the historical BRDG ticker, it is important to note that, based on the Form 8-K filed on September 2, 2025, the Form 25 filed on September 2, 2025 and the Form 15 filed on September 12, 2025, Bridge Investment Group Holdings Inc. completed a merger with Apollo Global Management, Inc., became a wholly owned subsidiary of Apollo and its Class A common stock was delisted from the NYSE and deregistered under the Exchange Act. As a result, BRDG functions as a historical symbol representing Bridge prior to its acquisition by Apollo rather than an actively listed common stock.