Our Strategy

Our strategy is focused on growing and diversifying Bridgepoint’s business and creating value for clients and shareholders.

There are three strategic pillars:

Bridgepoint is a global leader in middle market private asset investing and strongly positioned to continue to deliver significant growth.

1. Scale existing strategies

Capitalise on Bridgepoint’s strong position by continuing to scaling existing strategies, through further enhancing each strategy’s investment platform and exploiting the opportunity of an evolving alternative asset management market.

Continual investment in our platform enables the consistent scaling of existing strategies within their respective markets. This includes through deepening the presence in existing geographies which increases the opportunities to deploy capital. In combination with long-term growth in the middle market this enables growth in core successor funds. Sequential fund growth is complemented by growth in separately managed accounts (particularly in Bridgepoint Credit) and the growth in continuation funds.

Continue the track record of strong AUM growth established over the past two decades through scaling existing strategies.

2. Product strategy extension

Utilise the strength of our existing platform, origination capability, domain and sector knowledge and strong central functions to launch funds that complement our core strategies.

Bridgepoint has a strong track record of developing new products within existing investment strategies. Both the private equity and credit businesses began as single investment strategies before growing both organically and inorganically, so that each currently has three distinct investment products. The combination with ECP will increase these opportunities, for example there is an opportunity to accelerate ECP’s nascent infrastructure debt strategy.

Continue to launch new credit, infrastructure and equity products within existing investment strategies.

3. Expand into new alternative asset classes

Significant scope remains to enhance Bridgepoint’s scale and market positioning, and create platform synergies through entry into adjacent alternative asset classes.

The forthcoming combination with ECP is the latest example of the Group’s strong track record of successfully acquiring and integrating new businesses. In the medium-term, Bridgepoint sees scope for similar acquisitions within other private markets asset classes, such as real estate and secondaries, as well as other segments of existing asset classes where the Group’s well-invested operating platform, capital-raising capabilities and reputation would enable acquired businesses to more successfully scale their operations.

Continue to successfully develop new businesses in adjacent private market asset classes, either through acquisition or incubation.

Continued organic and M&A-driven growth across investment strategies and geographies

Lorem Ipsum

Strong track record and
resilient investment performance

The Bridgepoint Funds’ investment approach has a 30-year track record of delivering strong and consistent returns.

Bridgepoint has delivered these high-quality returns through careful portfolio construction, prudent use of leverage and careful asset selection focused on businesses that can deliver both strong growth potential and resilience. These returns have been delivered by the application of the Group’s differentiated and proven investment approach, consistently applied across all investment strategies.

Our deep investment platform, middle-market positioning and disciplined approach to investing in profitable growth companies across private equity and credit positions us well to continue to provide strong returns to fund investors. If Bridgepoint performs well for its fund investors, our shareholders will also do well.

 

Lorem Ipsum

Great market positioning

The Group has one of the largest private market platforms directed at middle-market growth investing.

With particular strength in Europe, the local presence provided by the Group’s 10 offices is untypical of middle-market firms and drives origination, value creation and therefore fund investor returns. This wide network provides Bridgepoint with “on the ground” local expertise in conjunction with sector teams to produce material competitive advantage.

Bridgepoint also benefits from its position as a leader in middle-market investing. Even through periods of disruption, middle-market investment by the private equity sector has remained resilient. In Europe, investments in middle-market businesses have consistently accounted for the majority of private equity deals from 2007 to 2022. From 2017 to 2022, there were over three times more European middle-market transactions than European large-cap transactions.

More broadly, the private asset management market continues to benefit from sector tailwinds. Private market investments are an increasingly important asset class both for investors seeking returns and for asset management firms, resulting in increasing allocations to private assets from our fund investors.

Lorem Ipsum

Multiple avenues for
further growth

Bridgepoint has a three-pillar growth strategy focused on continued organic and M&A-driven growth across investment strategies and geographies.

Bridgepoint has a long track record of expanding thoughtfully, both organically and inorganically, and is strongly positioned to continue to deliver further growth. Our strategy is focused on growing and diversifying Bridgepoint’s business and creating value for clients and shareholders. There are three strategic pillars:

  • Continue the track record of strong AUM growth established over the past two decades through scaling existing private equity and credit strategies;
  • Continue to launch new quality credit and equity products within existing investment strategies; and
  • Continue to selectively acquire and integrate new businesses in adjacent private market asset classes that can add to the platform over time and drive value for fund investors and shareholders alike.

Lorem Ipsum

Well-positioned platform

Bridgepoint has a strong balance sheet, a resilient operating model and a platform capable of supporting significant growth as well as a progressive dividend.

With high-revenue visibility, a strong balance sheet position, an asset-light model, high and stable margins, strong cash generation and attractive dividend yield, Bridgepoint’s outlook remains very attractive:

  • Clients’ capital is committed for the long term, with private funds typically benefitting from capital being locked in for seven to 10 years.
  • Asset-light with ~1% of AUM on balance sheet, but the assets we do have are strong with >£650m of cash and investments
  • A track record of delivering operational leverage increasing underlying EBITDA margins by >15 percentage points from 2018 – 2022; and
  • Aim to grow dividend progressively over time as we scale by organic growth of our existing businesses and by adding complementary or adjacent strategies.

We use strictly necessary cookies to make our site work. Currently the analytics cookies which allow us to collect information about how visitors use our website and help us to improve it; is defaulted to ‘InActive’, if you wish to turn this on you can do so through the Cookie Settings. Please be aware that by blocking some types of cookies it may impact your experience of the site and the services we are able to offer. For more information about any of these cookies and our use of them, or to change your settings at any time, please see Cookie Settings and Cookies Policy.

Privacy Preference Centre

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. We use two types of cookies on our website: cookies which are necessary for this website to function (which are currently defaulted to 'Active') and analytics cookies (which are currently defaulted to 'InActive'). Because we respect your right to privacy, you can choose to keep the analytics tool 'InActive' or change to 'Active' should you wish. To do this, click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Always Active

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Cookies used
  • CookieNotice
  • CookieAnalytics

These are Google Analytics cookies which allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site and social media platforms All information these cookies collect is aggregated and therefore anonymous. If you amend it to ‘Active’ the site will be able to track, on an anonymous basis, how many visitors we have to our site, and monitor its performance. If you wish to change please amend the setting by ticking ‘Active’ and clicking ‘Save and Accept Cookies’. For more information on how these cookies work, including a link through to the Google Privacy Policy which sets out further information about data which Google may collect in the course of providing us with Analytics.

Cookies used
  • _ga