In 2005, Scott Brian Roberts, BridgePoint's Chief
Financial Officer and Eric Jafari, BridgePoint's Chief Executive
Officer, co-founded BridgePoint Ventures LLC with a support staff
of two individuals and an equity investment of $200,000.
Today, we remain one of the globe's few firms to have
managed over $750,000,000 in real estate globally and maintains a
100% capital preservation record - through one of the largest
market declines since the Great Depression. BridgePoint currently
comprises over 40 employees with offices in North America and
Europe.
At this point in time, we advise over 50,000 institutional and
retail investors globally. Additionally, we have successfully
provided proprietary financial solutions to over 50
projects worldwide ranging from the Mandarin Oriental Chicago
to the Flaxby Golf & Country Club as well as managing over 200
distressed assets in over 22 US states.
We implemented our first Secured Exit Strategy in Las
Vegas, Nevada in May 2005 and acquired our first portfolio of
distressed assets from GMAC Rescap in April 2008 at an 82%
discount.
We have succeeded in not only growing but maintaining
profitability, in a market whereby the majority of our competitors
have either folded or significantly reduced operations and staffing
to survive. We attribute this success to a committed team of
professionals that understand sacrifice and integrity.