Bridge Investment Group Holdings, Inc. ( (BRDG) ) has released its Q1 earnings. Here is a breakdown of the information Bridge Investment Group Holdings, Inc. presented to its investors.
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Bridge Investment Group Holdings Inc., a leading alternative investment manager, specializes in diverse asset classes such as real estate, credit, renewable energy, and secondaries strategies, managing approximately $49 billion in assets. In its first quarter of 2025, Bridge reported a net loss of $37.6 million, translating to a loss of $0.37 per share for Class A common stock. Despite the loss, the company achieved Fee Related Earnings of $24.6 million and Distributable Earnings of $17.0 million, or $0.09 per share after-tax. Notably, Bridge did not declare a quarterly dividend, aligning with its merger agreement with Apollo Global Management Inc., which anticipates a final dividend related to tax distributions before the merger’s completion. As the company navigates this strategic merger with Apollo, management remains focused on maintaining its operational strengths and exploring synergies that could enhance future performance.