Bridge Investment Group Holdings has completed fundraising for Bridge Debt Strategies Fund V (BDS V), raising $2.15 billion in equity commitments.
BDS V is a diversified, multi-pronged strategy focused on originating first mortgage direct loans, issuing CRE CLOs, purchasing Freddie Mac K-Series B-Pieces, and investing in other CRE-backed debt, including CRE CLOs and CMBS. Leveraging Bridge’s vertically integrated platform and in-house expertise across the residential rental and logistics sectors, the fund can invest in underserved parts of the debt market where barriers to entry are high, and competition is more limited.
“We are proud to announce a successful fundraise for the fifth vintage of the Bridge Debt Strategies private real estate debt offering,” commented James Chung, CIO for the Bridge Debt Strategies funds. “We believe our heavy focus on recession-resistant multifamily collateral and floating-rate debt positions the Fund well in the current market.
