Bridge Multifamily Fund Manager LLC is a large advisory firm based in Salt Lake City. It manages $14.49 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, California, Delaware, and 5 other states.
Bridge Multifamily Fund Manager provides portfolio management for pooled investment vehicles and real estate private fund limited partnerships. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as investment manager to real estate related funds.
The assets under management (AUM) of Bridge Multifamily Fund Manager LLC is $14.49 billion. The firm's AUM has grown by 116% since the beginning of its operation, and $1.97 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Bridge Multifamily Fund Manager LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Bridge Multifamily Fund Manager is pooled investment vehicles with 11 clients and $12.46 billion of assets under management. Among the 7 most similar advisory firms, Bridge Multifamily Fund Manager has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $12.46 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.
Bridge Multifamily Fund Manager also advises several private funds. Namely, forty seven real estate funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $50,000,000.
The company employs 2,600 people that are either part- or full-time employees. 2 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
James Chung has served as the Chief Investment Officer since 1 Jan 2014. Chad Douglas Briggs joined the executive team most recently as the Member.
The principal office where Bridge Multifamily Fund Manager LLC performs its advisory services is located at 111 E. Sego Lily Drive, Salt Lake City, UT 84070, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 801-716-4553 or by fax 801-716-4519. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at bridgeig.com.