The three steps that I use to raise capital for my funds.
… More My Three Step Process to Raising Money for my Fund
The three steps that I use to raise capital for my funds.
When investing in Real Estate you need to first decide what type of Real Estate you want to invest in. You SHOULD NOT try to invest in everything and anything. This will get you stuck and ultimately frustrated… Deciding on your specialty or niche allows you to become an expert in that one thing. Second, … More Strategies to Build Your Real Estate Empire
What is Private Equity anyway? In relation to a hedge fund, Private Equity is basically when a fund will invest in privately owned businesses. They will purchase these businesses and then have a turnaround period where they will look to improve them. Then once they increase the cashflows and processes of that business they can … More Should you Invest in Private Equity?
I get a lot of people in my course who are fresh to the investing world. Most have never talked to someone we would consider “wealthy”. They wonder how they can get into board rooms… How can they find and convince high net-worth individuals to invest with them… How do I get them to remember … More How to Get Investors to Remember You
One of the ways to make your life easier as a fund manager is by setting your fund up correctly. This is why most funds in the world use Regulation D filings, Namely 506(b) and 506(c) funds. I mention these fund types, and others, quite often in my posts and videos. So to make it … More Regulation D Fund Types
Let’s talk TERMINOLOGY. Just like any sport, business, or hobby there are always those words that might be foreign to a begginner. Funds are no different. When I first started my fund venture I sat down with my dad and he walked me through fund terminology. He told me that I needed to know these … More The Importance of Terminology in Funds
The other day I had a friend ask me, “Bridger, what is it like running a fund? How do you feel that responsibility weighs on you?” It was a great question. Now I will admit that running a fund is not for everybody. If you have the desire however, I think you should chase it. … More When Your Hedge Fund Fails
If you are interested in owning Real Estate or investing in Real Estate you have probably heard the terms “Syndication” and “Fund” before. And if you have listened to my podcast or watched any of my YouTube then you definitely have. They are pretty similar in nature. Both pool money to acquire Real Estate as … More Real Estate Syndications vs. Real Estate Funds
If you couldn’t tell I am an advocate for funds… I believe they are an amazing business that anyone can gain from. There are a lot of stereotypes of funds and of the people who run them. My goal with my course and blog is to show you why those stereotypes aren’t as true as … More A Fund of Funds
I have a good friend who has flipped a lot of homes…. Like around 200 flips. Now I have heard of the hard money loan concept and have a general idea but I wanted to learn more about them. He was always talking about points, interest rates, fees, and other jargon I didn’t fully get. … More Hard Money Loans & Real Estate Funds
Funds are an extremely lucrative way to make money. And for the past 4 years I have been running my funds I have seen the power of scalability. My first fund was roughly $50K dollars. Not even pennies compared to some of the largest funds in the world. But because I managed that $50K correctly … More Getting Paid as a Hedge Fund Manager
You’ve done it! You’ve started your fund! And now you quickly realize that managing investments and deciding what to invest in is a lot of work for one person. You realize that you need others to help you and make sure that you are making good, financial decisions, Not emotional ones… This is where an … More Why Your Fund Needs an Investment Committee
Many people believe that there is only one or two ways to get into funds. The first is that your parents have to be rich and famous and already have a fund… Congrats! The second option is a little longer: You have to go to a prestigious school…. You need a great, competitive internship… You … More The 3 Ways to Break Into Funds
In previous articles I’ve talked about how I started my fund. How I went to my dad with my ideas and he wouldn’t give me any money, And how I had to go out and raise money on my own. I talk a lot about funds… And I always use mine as an example. But … More Fail Fast & Fail Cheap with $500 & 3 Weeks
I do not like Finance Bros. I dislike the culture of Wall Street and their “bro” habits, It’s always bothered me! Now when I say “Finance Bro” what I mean is someone like what you see on The Wolf of Wall Street. Someone who is arrogant, deceitful, drug-loving, and has all the nice cars and … More How to Be a Good Fund Manager, Not a “Bro”
My social media is filled with all sorts of investors, fund managers, and market speculators. This is how I like to stay relevant and get a general idea of what industries are doing. Recently I have seen some talk about REITs vs Real Estate Funds. The problem I see is that people don’t understand the … More Why I like Real Estate Funds, NOT REITs
As you know I love investing… It’s what I do for a living! But I simply think that there are better ways to invest than others, And I don’t like Modern Portfolio Theory. Now don’t get me wrong, there are pieces of it that I do like and I’m thankful that we have it. Since … More Why I Do NOT like Modern Portfolio Theory
Today I wanted to go over some of the basics and fundamentals of starting a Private Equity Fund. There is a lot to talk about so if you want to the full 30 minute explanation then click on the video above. If you are here for the basics then perfect. All the things I’m going … More How to Easily Start a Private Equity Fund
We don’t want to try and grab market share from super competitive markets with competitive giants. We want to be CATEGORY KINGS! Recently I have been going over a lot of Fund Administration and Structure on the blog, Probably because I’m currently starting a Real Estate Fund so it’s fresh on my mind. So I … More Blue Ocean Red Ocean – Hedge Fund Strategy
I recently sat down with 4 different attorneys to talk about their rates, fund fees, and what they would do for fund documents. I gave them all the same information and got very different answers… It is important to know what costs you will be paying and not just expecting or assuming what they might … More Fund Startup Costs and Shopping Around for Good Deals
Recently I realized something… In a lot of my videos and in the course I allude to open and closed ended funds, But I have never really explained what they are. So in light of this I thought it would be a good of a time as any to talk about this important topic! The … More Explaining Open-Ended vs. Closed-Ended Funds
One of the biggest hurdles of starting a Fund? MONEY. Many of us don’t have the capital to be able to start large funds when we are first starting out. I know I didn’t. My first fund had less than $49K , But that didn’t stop me! There are ways to get started with little … More Starting the Fire with Incubator Funds
I get a lot of people who are interested in acquiring Real Estate or starting Equity Hedge Funds. Although we talk about those two a lot on my channel and in this blog, there are tons of different ways you could invest and start a fund. I have gotten questions recently and thought it would … More Starting a Venture Capital Fund
Let’s get TECHNICAL. If you know me and you’ve read some of my other posts or watched my youtube videos you know that I like to lay things out simply for you… Well today we are going to tackle Fund Structure Exemptions. Which I know this isn’t everyone’s favorite topic and is kind of dry … More 3C1 & 3C7 Fund Exemptions, What’s the Difference?
So you’ve found that perfect deal and now you need investors, what’s next? One of the hardest parts of Funds is raising the money… Or at least at first it is. Once you get going and have a track record investors are more likely to want to work with you. But we need to land … More Important Slides that your Fund Pitch Deck NEEDS!
When talking about Real Estate Syndication Returns 20% is usually the standard that most managers want to achieve. I see too many people get caught up in the shininess of the deal and they forget to take account of all of the costs…. Or they simply underestimate the costs. Today we are going to talk … More The Benefits and Risks of Value-Add in Apartment Syndications
How long should you wait to start a fund? Based on the metrics from people who take my course and from the demographics on my youtube channel I get a lot of interest from people between the ages of 18-35. The problem is that most people in this age group don’t believe they can start … More Hedge Funds from Square One
I was recently talking with one of my students and he mentioned to me that he didn’t know how to measure his Fund’s Performance. Return on Investment? Average Annualized Return? Compounding Annual Growth Rate? Which one is best? Or none at all? I said, “Let’s start by figuring out how misleading some of these numbers … More The LIE (Not Law) of Averages in Fund Performance
Hey guys! My last few posts have mentioned the importance of networking and I decided it would be good for me to tell you more about how the 1% do it. As you know I run a podcast where I meet many successful business owners and managers… and I’ve also seen massive growth on my … More How to Improve Your Networking by GIVING
Hey guys, I see a lot of entrepreneurs that have the same problems that I did when I was first starting out. They don’t know what they are doing, they don’t know where to start, and everything seems so foreign or almost too difficult to overcome. When starting out in my businesses- I can confidently … More The 4 Stages of Business Mastery
By far one of the biggest concerns I get from fund managers is that they don’t know how to pick or even spot a winning deal. “How do I know which deal I need to choose?” “Which sector or niche will outperform in the future?” “What type of asset class do I invest in?” I … More How does a BILLIONAIRE Pick Deals?
“Ninety percent of all millionaires become so through owning real estate.” – Andrew Carnegie If you’ve read any of my other posts on real estate you would know that my biggest goal is to be able to help you do everything from syndicating your first deal, to starting a RE fund. I truly believe that … More How to be a Successful Real Estate Fund Manager (you need 2 of 3 things)
Real quick. I get asked this question a lot, “Bridger, is it even possible for me to raise money outside of the United States?” The simple answer is yes, but you have to remember this one thing or it might get you into trouble. HIGH Expenses could cause issues I typically get this question from … More Raising Money Internationally
When someone says they’re managing and running a fund…people’s ears immediately perk up.
Why is that??
It’s because managing a fund allows you to play bigger than ever before. … More Why A Fund Makes You Play Big
How do you know if you actually want to acquire the company??
It takes doing what’s called “du diligence.”
There are 4 major contributors to consider before purchasing a company that are essential to your due diligence process. … More 4 Things To Know When Buying a Business
There’s so many unknowns these days. Sometimes we just don’t know who we can trust!
That’s why, when closing a deal, the most important thing you can bring to the table is transparency! … More #1 Hack to Close 100% of Deals
As fund managers, we’re go-getter, A-type personalities…
How do we not allow our drive for success to get in the way of living a fulfilled, balanced life?? … More The Art of Fulfillment -vs- The Science of Success
Today 30% of all PE funds are outsourcing their fund administration, with expected 50% to follow within the next 5 years.
Wait…what are fund administrators? What are their responsibilities and how do I choose one? … More A Deeper Look Into Your Fund Admin
Search Fund popularity is rising.
But what is a search fund? How does it work? And why is it becoming more common?? … More Search Funds – Not Your Average Fund Model
Have you ever wondered what happens to a company’s assets when it goes under?? Who gets what?
Capital stack is important to understand, especially as fund managers.
Your investors will want to know where they stand in line! … More What is a Capital Stack?
When I started my first fund, what caused me the most anxiety was the legal side of things…who do I report to? How? When??
I was confused and stressed.
But my mentor said something that ended up being so true, “I know it can be intimidating, but I promise you it’s not as bad as it looks!” … More Fund Regulators You Need to Know
The average hedge fund manager makes 3X more than any other type of fund…
Why is that?
Know how to manage the risk and success that comes with hedge funds! … More Why Hedge Funds Fail…Plus Tips on Avoiding Failure
Last week Bitcoin hit a price of $15,000!
Digital assets, such as Bitcoin, are emerging alternative asset classes that have recently had unprecedented growth.
But why are they still such a mystery? And why do people invest in them? … More Crypto Funds
REITs, otherwise known as real estate investment trusts, own $3.5 trillion in real estate assets.
But what is a REIT? And how does it differ from other real estate funds?? … More Difference Between REIT & Real Estate Funds??
I was recently on a coaching call where someone said, ” Bridger. I want to start a fund, but its 2020. I don’t think it’s the right time…should I just wait a year or 2??”
I’m here to tell you why a fund is exactly what investors want right now! … More Why 2020 or 2021 Is Your Time to Start A Fund
If an entrepreneur comes to you without a specific plan, isn’t personally using the product themselves, and doesn’t seem very confident.. the likelihood of you investing with them is close to none.
The same thing applies to investors of our fund!
As fund managers, each of us is an entrepreneur. … More Fund Managers are Entrepreneurs. Period.
On a recent financial report I read how there are currently 98 new $1 billion hedge funds, and the funds at that size control 88 percent of all cash…
So what’s all the hype about??
What makes hedge funds so different? … More What Makes Hedge Funds Different??
“Ninety percent of all millionaires become so through owning real estate.”
What types of real estate are out there? And what’s the best route to take??
We’ll let you in a couple of our real estate hacks! … More Real Estate Approaches: Pros and Cons
There’s so much information out there, it can be overwhelming!
Let’s simplify it down to the 3 basic fund strategies. … More 3 Types of Hedge Fund Strategies
Back in my dating years I would pray to God to help me find the perfect girl to marry.
“Put the perfect girl within 100 feet of me, and I promise I’ll do the rest!”
I was lucky, but also deliberate. Believe it or not, this same principle applies to starting a fund! … More How to Increase the Surface Area of Luck
Over the past decade, the amount of money within impact investing has sored from $5 billion to $50 billion…
Bring purpose into your business and life through social change investing! … More How To Scale Your Fund Through Impact Investing
Sell yourself, your fund, your couch…you name it!
Marketing is a mind game. If you can master the game, you have the potential to not only change your fund, but also your life. … More 8 Most Effective Mental Triggers for Marketing
Leverage can make or break you…
Look at Elon Musk, a master at utilizing the 3 main types of leverage… but what are they? … More 3 Types of Leverage
If you are bullying small businesses, you will never be able to scale your business to a strong level. Guaranteed.
One way to avoid this is by having a great Letter of Intent! … More The Ins and Outs of a LOI – Also, don’t be a bully.
Starting a business is rough stuff. Most businesses aren’t even profitable for the first 3-5 years anyways. It’s just brutal. But buying a business on the other hand – is the way to go. … More 10 First Steps To Buying a Business
We’ve all heard those terms before…capital, equity, rates and premiums. But what the heck do they mean??
Everything in Finance- especially in the fund space- comes down to your Cost of Capital. … More Fundamentals of Finance
Banks don’t get heavily involved in the fund process until they can make money off you. Sounds about right, huh?
When you are in the early stages of starting a fund.. Banks don’t want any part. Once you start gaining traction as a fund manager – they will be happy to work with you. And can end up being an awesome partner later down the road! … More Types of Loans- How Funds Can Win with Banks
$3.9 trillion of assets were held by Private Equity in 2019.
Private Equity doesn’t need to be this big flashy ordeal that makes the front page of the WSJ. PE can be simple & discrete… and still make you tons of money. … More Your Private Equity Playbook
Today we’re going to discuss PRIVATE Investment also referred to as: alternatives.
Investors will look to private or alternative investments to get better returns than in the stock or bond market. … More What are Alternative Investments??
In order to raise capital from wealthy investors, you first need to understand what you’re up against…
As a high net worth individual, what can I do with my money? What options are out there that will give me the highest rate of return on investments?? … More Everything You Need to Know About Investments- Part 1
Willie Sutton was an infamous bank robber in the 1930’s. When asked why he robbed banks he responded: “Because that’s where all the money’s at.”
Forex… … More What and Why Forex??
99% of funds use the Limited Partnership model when framing a fund. But most people don’t even know what that means! … More What is a Limited Partnership and How Does It Protect You?
Just as in every industry or market around the world, myths start to evolve. I’m here to tell you that… … More Top 10 Fund Myths…debunked!
Venture Capital Explained – How it started and how you can get involved… … More What is Venture Capital? Explained.
What is a Syndication? When and how should they be used? Syndication vs Fund structure? … More What is a Syndication?
Learn how to start and scale your fund. From financing to fund structure… … More How to start or scale your fund… Part #1
What is an Accredited Investor? Qualified Client? Institutional Investors? Learn the differences: … More Investor Types and Terminology
Why do I need a mentor or a coach? How will that help me grow my business? Learn how. … More How a bowl of Chili changed my life (Along with some Mentors and Coaches)
Why right now is the best time to start your fund… and what we can learn from Paul Jones & Leon Black… Right now, a lot of people are worried. A lot of companies are stressed about making payroll or meeting loan obligations. It’s really easy to watch today’s news in the ‘here and now’ … More Hedge Funds that Started During a Recession
What is a Leveraged Buyout in Private Equity? Sycamore Partners and Staples Deal Explained. … More Private Equity Acquisitions & Leveraged Buyouts Explained
Alright. Let’s talk about how to launch a real estate investment fund. For the people out there that are house flippers or wholesaling and trying to scale your business and it’s just not working… we’re going to talk about the most efficient way to start/scale your real estate fund. Have you ever even thought to … More How to Start a Real Estate Investment Fund from scratch
Hey Bridger here! Today I wanted to talk about an easy way to get started in the fund world and build momentum for yourself. Now I’ve talked to people that say: “I want to start my private equity firm right now… but I don’t have any experience.” You are starting from nothing- and you want … More The Easiest Way to Get Started with FUNDS…
The Power of Persuasion By Bridger Pennington Let’s talk about the power of persuasion when pitching investors, pitching partners, or even pitching other people to join your team. Before that, I want to tell you about a show my wife and I recently watched on Netflix called ‘The Push’. It was recommended to us by … More How to Pitch Investors
Learn about the 5 most common questions I hear from investors. … More Top 5 Most Common Investor Questions
Learn how Venture Capital helps small businesses thrive, and how to use that as fund manager and entrepreneur. … More Venture Capital and Your Business
Learn about the differences between accredited investors, qualified clients, and institutional investors. … More Know the Differences Between Investor Classes, and Who can Invest in What
Learn about THREE must have keys in order to ensure success in real estate funds. … More The 3 Keys to Starting a Real Estate Fund
Learn how fund mangers fail through reluctance to build out their teams, compensate their investors, and expect too much too soon. … More Why Fund Managers Fail
Learn about the ins and outs of Crowdfunding – Reg CF – and the changes coming with the SEC’s latest announcement earlier this year. … More Crowdfunding 101
Learn about arguably the most successful woman on Wall Street, and ETFs. … More Cathie Wood: The Queen of Wall Street
Read about Bernie Madoff and the greatest heist in investment fund history, and what is to be learned from it. … More Bernie Madoff: The Greatest Fund Swindler of All Time
Learn about fund nuggets such as the advantages of a narrow fund vs a broad fund and the difference in an American waterfall structure vs European waterfall structure. … More Fund Nuggets: Broad vs Narrow Funds & American vs European Waterfalls
Learn how to Properly Form Your Capital Stack … More What Goes Into Your Capital Stack?