Apollo to buy real estate firm Bridge Investment Group for $1.5 billion

Alternative asset manager Apollo Global Management will buy real estate firm Bridge Investment Group for about $1.5 billion in an all-stock deal, the companies said on Monday.

After closing of the deal, expected in the third quarter of 2025, Bridge will operate as a standalone platform within Apollo's asset management business, retaining its existing brand and management team.

Bridge Investment had a market capitalization of about $960 million, as of Friday's close, according to data compiled by LSEG.