BridgePort Expands Private Investment Offerings, Adds Strategic Investors and Key Clients

Whats Happening:

BridgePort, a financial technology company, has completed the initial tranche of its latest capital raise, welcoming strategic investors and key clients. The fund's solutions aim to facilitate broader, more fluid, and transparent investor access to private markets as the multi-trillion-dollar wealth channel increasingly adopts private investing strategies.

Key Moves:

• BridgePort completes initial tranche of latest capital raise

• Strategic investors and key clients join as partners

• Fund expands solutions for broader private market access

By The Numbers:

• Multi-trillion-dollar wealth channel adopting private investing

• BridgePort's team spans multiple decades of experience

• Company's solutions power custom private investment platforms

Key Quotes:

• "There's been a notable shift from public to private investing in recent years, and we are confident it will be a lasting one," said Christopher Nero, BridgePort's founder and CEO.

• "As advisors continue to engage with these more complex investments, their needs will expand beyond access and evolve to more pressing requirements," said Donald H. Putnam, Managing Director of Grail Partners.

Bottom Line:

BridgePort's successful capital raise and addition of strategic partners underscore the growing demand for sophisticated private market solutions. As the wealth management industry increasingly embraces private investments, BridgePort's technology and infrastructure are positioned to play a crucial role in facilitating broader access and more efficient operations in this evolving landscape.

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