Apollo Completes Acquisition of Bridge Investment Group

Apollo Global Management has completed its acquisition of Bridge Investment Group Holdings Inc., a major consolidation in the alternative asset management space announced on September 2, 2025. The all-stock transaction valued Bridge's equity at approximately $1.5 billion, according to multiple sources including LinkedIn and Multifamily Dive. The merger agreement was originally signed on February 23, 2025, with legal advisors Paul, Weiss representing Apollo and Latham & Watkins advising Bridge throughout the transaction process.

Bridge, headquartered in Salt Lake City, manages approximately $50 billion in assets, with a primary focus on industrial and residential real estate sectors. The acquisition delivers substantial strategic value to Apollo by nearly doubling its real estate AUM to approximately $110 billion. Apollo Partner and Co-Head of Equity David Sambur stated that completing the acquisition "marks an important step for Apollo's real estate business, providing immediate scale in real estate equity and strengthening our ability to originate across secular growth areas of the market." He further noted that Bridge's deep investment talent, specialized operating expertise, and strong investor relationships position the combined entity to "deliver for clients across market cycles with a full-service platform."

The acquisition preserves Bridge's operational independence and brand identity within Apollo's organizational structure. Bridge will function as a platform company within Apollo's asset management business, with its existing management and investment teams, along with its dedicated capital formation team, remaining intact. This structure allows Bridge to leverage Apollo's resources and strategic guidance while maintaining the specialized focus that has defined its 15-year track record. Bridge Executive Chairman Bob Morse stated the deal "enables us to build on the strengths that we have developed over more than 15 years with the resources and strategic guidance of one of the world's foremost alternative asset managers," and expressed confidence in expanded opportunities to diversify investment verticals and enhance capital formation capabilities under Apollo's ownership.

This transaction reflects continued consolidation among large alternative asset managers seeking scale and diversification in real estate investment management. The completion of the merger signals Apollo's strategic commitment to strengthening its real estate platform and expanding its addressable market within a core asset class.