Multi-Family Office

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Bridgeport Management Services

Bridgeport Management Services operates as a multi-family office that grew out of a single-family foundation.

Bridgeport Management Services

Bridgeport Management Services operates as a multi-family office that grew out of a single-family foundation. Ken Daut, the CEO, previously spent over two decades in senior roles at Goldman Sachs and UBS, where he built an institutional network that now informs Bridgeport's manager research. The firm does not publicly seek marketing visibility; its client base expands through attorney and accountant referrals. Bridgeport allocates across hedge funds, private equity, venture capital, real estate, and private credit. The firm acts as both an outsourced CIO and a portfolio aggregator — running manager due diligence, fee negotiation, and consolidated performance reporting. Unlike many multi-family offices that build in-house direct-investing teams, Bridgeport's footprint leans toward selecting external managers. The investment committee includes Daut alongside other principals with institutional asset-management backgrounds. The firm maintains a lean structure, typical of offices serving fewer than 20 ultra-high-net-worth families. Its operational posture centers on customizing liquidity and tax-efficiency profiles per family, rather than pushing a house model portfolio. Bridgeport has not disclosed aggregate AUM or a named portfolio company, keeping individual family mandates walled from public view. In its most recent ADV filing (2024), the firm remained characterized as an exempt reporting adviser. Bridgeport's structural differentiator is its origin as a single-family office that chose to open its infrastructure to outside families, rather than launching as a commercial multi-family office from day one. That evolution means its manager diligence framework was built for a principal's own capital before it was ever offered to external clients — a sequencing that distinguishes its governance from multi-family offices that started as wealth-management aggregators.

General information

Firm type

Multi Family Office

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Corporate office

Principals

Kenneth J. Daut

CEO

Sector focus

Hedge FundsPrivate EquityReal EstatePrivate Credit

Frequently asked questions

Who runs investment decisions at Bridgeport Management Services?

Kenneth J. Daut, the CEO, leads investment decisions. Daut's background includes senior roles at Goldman Sachs and UBS, where he developed the institutional manager network that underpins Bridgeport's due-diligence process. The firm's investment committee includes additional principals, though specific names and voting structures are not publicly documented.

How does Bridgeport source investment opportunities for its families?

Bridgeport relies on institutional manager relationships that Ken Daut and the team built during their Wall Street careers. The firm selects external fund managers across hedge funds, private equity, venture capital, real estate, and credit rather than building in-house direct-investment teams. Inbound opportunities also arrive through the professional networks of the families the firm serves.

Is Bridgeport a single-family office or a multi-family office?

Bridgeport began as a single-family office and later opened its platform to other families, making it a multi-family office today. This origin matters: its manager-diligence framework was first built to protect a founding family's capital, and only later extended to outside clients. The SEC classifies it as an exempt reporting adviser.

Does Bridgeport make direct investments or only fund commitments?

Bridgeport's core model emphasizes fund commitments across hedge funds, private equity, venture capital, real estate, and credit. It does not publicly market a direct-investment capability. The firm acts as an outsourced CIO and portfolio aggregator — conducting manager research, negotiating fees, and producing consolidated reporting — rather than a check-writing sponsor for individual company deals.

What is Bridgeport's known AUM or deployment scale?

Bridgeport has not publicly disclosed an aggregate AUM figure. Its March 2024 SEC filing confirmed regulatory assets under management below $1 billion (per SEC filing, 2024), consistent with a multi-family office serving a small number of ultra-high-net-worth families.

Does Bridgeport maintain any related philanthropic or operating entities?

The firm's origin traces to a single-family foundation, suggesting a philanthropic connection, but the foundation's name, asset base, and governance separation from the MFO are not publicly documented. Bridgeport operates as a for-profit advisory entity independent of its predecessor foundation.

What is Bridgeport's known posture on co-investments alongside external managers?

Bridgeport has not publicly disclosed a dedicated co-investment program. Given its manager-selection orientation — rather than direct-deal sourcing — co-investments, when they occur, are likely opportunistic and manager-introduced rather than programmatically driven.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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