How I Started a Fund at Age 22

Hey, everyone! Today, I want to share with you how I started a fund at age 22!

Short Answer

“Bridger, how did you start your first fund?”

The short answer to this frequently asked question is…

I was surrounded by amazing people and mentors. I could not have done it all on my own.

Longer Answer

I learned good money management skills as a kid, but nothing out of the ordinary.

My father noticed my passion for entrepreneurship, so he sent me to his business partner’s house for a visit.

This business partner had a huge, beautiful home and I was blown away!

He sat me down and told me that the wealthy send their kids to top tier universities with the hope that they will get into the fund world.

I said, “What’s a fund?”

Later that night, my father taught me the basics of a fund, and from that moment on I knew that I wanted to be a fund manager.

Instead of going the traditional route of a 4-year degree, MBA, and working 2 years as an analyst, I decided I was going to be different.

I searched for different opportunities to start a fund and finally found one that was related to my job at a finance company.

I talked to the owners of the company, and they liked the idea!

After studying the LPA and PPM 13 times, I felt like I understood enough to finally start putting together the documents of my 1st fund!

I only raised $47,000 in capital, but my investors received a 62% return! On my very first fund! We were all ecstatic!

I didn’t have to go to Harvard or work on Wall Street, but I did it! And you can too!

Like I said in my video…

If they did it, so can I!

Here’s the link to my website that can help you start your own fund.

Thanks for stopping by,

Bridger Pennington

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DISCLAIMER: This content is for educational and informational purposes only. It is not to be taken as tax, financial, or legal advice. You should always consult a legal professional before taking action. Furthermore, this is not a recommendation to buy or sell any security. The content is solely just the opinion of the authors.

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