Bridgeport Management Company provides investment advisory services to private investment funds. Bridgeport seeks attractive risk-adjusted returns by investing in companies and assets, primarily through privately negotiated transactions, focusing on the financial technology sector. Bridgeport has broad investment discretion and may provide co-investment opportunities to investors and third parties. The firm manages investments and monitors investments.
Fee Structure
Bridgeport Management provides investment advisory services to private funds, charging management fees and performance fees as outlined in each client's offering documents or investment management agreement.
For the Bridgeport Strategic Opportunities Partnership, LP (the “Fund”), the firm receives an annual management fee equal to 1% per year of the aggregate net asset value, deducted quarterly.
For BGPT Catalyst, LP (the ”SPV”), the firm receives $1,000,000 per annum for the first two years. The firm also receives fees and incentive units tied to the value of the portfolio company for the development and execution of core strategies for the operating entity and for projects to increase the portfolio company value. These portfolio company-related fees are paid regardless of the SPV’s profitability.