Bridge Investment Group Announces Expansion of European Team With Hiring of Johannes Brennecke

Rhea-AI Summary

Bridge Investment Group Holdings Inc. (NYSE: BRDG) has appointed Johannes Brennecke as Director of its Client Solutions Group in Europe, effective February 1. This strategic move aims to strengthen Bridge’s presence in the region, particularly in managing client relationships across Western Europe. Dean Allara, Vice Chairman of Bridge, highlighted the significance of this appointment for expanding their clientele. Brennecke previously was Senior Vice President at Clarion Partners, focusing on capital raising in the DACH region. As of September 30, 2021, Bridge manages approximately $31.8 billion in assets.

Positive

• Appointment of Johannes Brennecke as Director of Client Solutions in Europe is a strategic expansion.
• Brennecke's expertise in the DACH region is expected to enhance client relationships.
• Bridge currently manages approximately $31.8 billion in assets, indicating financial stability.

Negative

• None.

SALT LAKE CITY--(BUSINESS WIRE)-- Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that Johannes Brennecke has been named Director of Bridge’s Client Solutions Group in Europe effective February 1. This appointment marks a significant milestone in Bridge’s expansion in Europe.

Johannes will be responsible for developing and managing Bridge’s Western European client relationships. Johannes will report to Claudius Weissbarth, Head of EMEA Client Solutions Group.

On this new hire, Dean Allara, Vice Chairman and Global Head of Client Solutions Group, said: “We are excited to welcome Johannes to the Bridge team. As we continue to expand our capabilities in Europe, Johannes brings valuable expertise and decades of experience in the DACH regions to the Bridge team.

“This marks an important step in enhancing our abilities to expand our client base in Western Europe. We believe that Johannes’s experience will make him a key asset to the team as we continue to expand our footprint.”

Prior to joining Bridge, Johannes was Senior Vice President in the Capital Raising Group at Clarion Partners, where he was responsible for leading capital raising for the DACH region.

Johannes studied at Friedrich-Alexander University Erlangen in Politics, at University of Regensburg, and holds a Masters of International Business from University of Auckland.

About Bridge Investment Group

Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $31.8 billion of assets under management as of September 30, 2021. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics net lease, logistics properties, and real estate-backed credit.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220217005196/en/

Bridge Investment Group Contacts:

Investor Relations:

Bonni Rosen

Bridge Investment Group Holdings Inc.

shareholderrelations@bridgeig.com

Media:

Charlotte Morse

Bridge Investment Group Holdings Inc.

(877) 866-4540

Source: Bridge Investment Group Holdings Inc.

FAQ

What is the significance of Johannes Brennecke's appointment at Bridge Investment Group?

Johannes Brennecke's appointment as Director of Client Solutions Group in Europe aims to enhance Bridge's relationships in Western Europe, marking a strategic expansion for the company.

When did Johannes Brennecke start his role at Bridge Investment Group?

Johannes Brennecke began his role as Director of Client Solutions Group in Europe on February 1.

What was Johannes Brennecke's role before joining Bridge Investment Group?

Before joining Bridge, Johannes Brennecke was Senior Vice President in the Capital Raising Group at Clarion Partners, focusing on capital raising for the DACH region.

How much assets does Bridge Investment Group manage as of September 30, 2021?

As of September 30, 2021, Bridge Investment Group manages approximately $31.8 billion in assets.

What is the primary focus of Bridge Investment Group in Europe?

The primary focus of Bridge Investment Group in Europe is to develop and manage client relationships, particularly in Western Europe.