BridgeInvest Launches Specialty Credit Private Equity Fund
BridgeInvest announces its first closing of the BridgeInvest Specialty Credit Private Equity Fund with initial capital commitments of $47 million. The discretionary fund will invest exclusively in short-term, first-mortgage loans secured by unique commercial and residential real estate assets in the Southeast US. The Fund’s investment strategy targets capital preservation and attractive risk-adjusted returns with a condensed 3-year fund term and quarterly distributions for both US and non-US investors
BridgeInvest specializes in creative financing solutions with limited or no cash flow and short-execution windows. Established in 2011 to take advantage of inefficiencies in the real estate lending industry, BridgeInvest has maintained a successful operating history with no principal losses-to-date. The Fund caters to investors seeking an institutional-quality investment platform in private mortgage loans that will capture timely opportunities offering more flexible terms and more efficient execution than traditional lenders.