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Jun 30, 2022
Bridge Q2 2022 Earnings Report
Reported financial results for the second quarter ended June 30, 2022.
Key Takeaways
Bridge Investment Group Holdings Inc. reported a strong second quarter, highlighted by record distributable earnings and significant growth in assets under management. The company reported total revenue of $99.0 million and net income of $124.4 million, representing increases of 38% and 50% year-over-year, respectively. Distributable Earnings of Bridge Investment Group Holdings LLC was $54.6 million, or $0.32 per share after-tax.
Reported best quarter for distributable earnings in company history, increasing 14% from Q1 2022.
Fundraising inflows of $1.5 billion and deployment of $938.2 million.
Gross assets under management increased to $42.0 billion and fee earning assets under management increased to $15.5 billion, up 46% and 44% respectively, from a year ago.
Completed the final closing of Debt Strategies Fund IV, which raised $2.9 billion in equity commitments.
Revenue by Segment
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Revenue & Expenses
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Avg. Return Before/After Earnings
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