Bridge Investment Group

Each vertical is led by a dedicated chief investment officer who reports to the firm's executive committee. Bob Morse, the founder and executive chairman, remains involved in strategic capital allocation. The CEO, Jonathan Slager, oversees the firm's overall investment and operational strategy, and each vertical's investment committee approves transactions at the deal level.

Bridge went public in July 2021 via an IPO on the New York Stock Exchange under the ticker BRDG. Prior to listing, the firm raised institutional capital from investors, including a 2019 minority equity investment by the Public Sector Pension Investment Board (PSP Investments) of Canada, which was reported to value the firm at approximately $1.7 billion at that time.

Bridge manages both. Its closed-end funds typically target value-add strategies, while its open-end perpetual-life vehicles concentrate on stabilized, income-generating residential and logistics properties. Separately managed accounts are also available for large institutional investors who prefer more tailored mandates.

Bridge is one of the largest institutional investors in US workforce and affordable housing, reporting $17.6 billion in this category as of Q1 2024. The firm acquires and operates Class B and C multifamily communities, often preserving affordability through property-level efficiency improvements rather than relying on Low-Income Housing Tax Credits (LIHTC) for the majority of its portfolio.

Bridge owns affiliated property-management companies that service its own assets and some third-party properties. This vertical integration captures property-level fee income that stays within the platform and allows the firm to execute value-add business plans without relying on external management, which can influence net returns to limited partners.

Bridge maintains an office real estate strategy, primarily focused on assets in suburban and Sun Belt markets. The firm has historically favored multi-tenant, value-add office properties, but its exposure has moderated relative to residential and logistics in recent years. Specific office footprint amounts are not publicly disaggregated in every reporting period.

Bridge is predominantly a real estate manager, but its mandate extends into real estate credit, agency mortgage-backed securities, and secondaries. The firm reports its operations through four verticals: Residential Rental, Commercial Real Estate, Real Estate Debt, and Agency MBS. A dedicated secondaries vehicle also exists under the Bridge brand.