Bridge Investment Group Holdings Inc.

Bridge Investment Group Holdings Inc. (BRDG) priced its initial public offering on Jul 19, 2021 at $16.00 per share, raising $300M, and listed on NYSE. At the IPO price its market capitalization was about $1.76B. Morgan Stanley was lead-left underwriter, joined by J.P. Morgan, Citigroup and Wells Fargo and others. Latham & Watkins advised the company and Sidley Austin advised the underwriters.

Bridge Investment Group Holdings Inc. is an investment manager led by 30 active partners. It provides investment management services to funds, including the Bridge Multifamily III Funds, and earns base management fees and performance compensation.

Status

IPO

Ticker

BRDG

Exchange

NYSE

Priced

Jul 19, 2021

IPO price

$16.00

Raised

$300M

Market cap at IPO price

$1.76B

First filed

Jun 22, 2021

Underwriters

Morgan Stanley, J.P. Morgan, Citigroup, Wells Fargo, UBS and Siebert Williams Shank

Company counsel

Latham & Watkins

Underwriters' counsel

Sidley Austin

Sector

Financials

Country / state

UT

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.