Apollo Completes $1.5B Bridge Acquisition Expanding Real Estate Platform

Apollo Global Management has completed its $1.5 billion all-stock acquisition of Bridge Investment Group Holdings, significantly expanding its real estate equity platform and nearly doubling its real estate assets under management to over $110 billion. Bridge will continue operating as a standalone platform within Apollo’s asset management business, retaining its brand, management, investment teams, and capital formation group. The transaction enhances Apollo's ability to originate investment opportunities across key growth sectors, leveraging Bridge's deep investment talent and operating expertise. Bridge's common stock was delisted from the New York Stock Exchange as a result of the deal. Apollo partners emphasized that the acquisition positions them to deliver comprehensive real estate investment services across market cycles and create one of the industry's leading real estate franchises. Both firms highlighted the strategic benefits of combining resources to expand and diversify investment verticals and capital formation capabilities.