I have now seen two Instagram sponsored posts from this clown who is “trying to teach you how to start a private equity fund now. Why waste a decade on Wall St?!” He’s still in college as far as I can tell, but he claims to have done 150 deals in the past year. #familymoney
What am I missing here? It is clearly a scam, but how does one think they can add value to a real business with zero professional experience? How does anyone raise money with no track record?
Are other people seeing these ads? I was shocked.
Haha, even after a decade on Wall Street I couldn’t start my own fund
yeah, because your a loser lol.
Here's a link to one of his three funds,
https://www.sec.gov/Archives/edgar/data/1755673/000175567318000001/xslF…
That appears to be a $150k fund with a minimum investment of $5K. I don't doubt he has access to money due to his father, but it's ridiculous to pitch on Insta that people can found a PE fund with no real experience.
I gave a spam email to learn more about it and he talks about how some guy in Texas did it named Nate Paul. If you google Nate Paul, you will see that the FBI raided his place earlier this year.... Scam written all over it.
World Class Capital
his dad is a partner and compliance head at bridge investment group lol
LOL at compliance officer...get your kid under compliance, dude!
LOL. I LOVE COMING ON HERE, LOOKING AT YOU LOSER ANALYST AND ASSOCIATES.
His dad is partner at a $25 billion dollar RE fund, while your dad a bum lmfaoooooo
I don't think this Bridger guy is the real deal. However, people do get into private equity and become successful with no personal experience you just have to leverage other people's track record and experience and give away a lot of equity. A lot of these big shots in PE aren't as smart as you think, they just have big BALLS.
Yeah he comes off as a scam. However, I've actually seen the backend of what he's doing and it seems pretty legit. I joined his course because I was curious about what he was doing (and they had some type of guarantee) and actually pretty helpful for us to scale our real estate operations.
Juicepenn, completely true.
He definitely doesn't know how pitch and feels like a scam, but the overall product is great.
He should post all the filings he has with the sec to prove people wrong, but it's shocking to me that these "analyst" can't do any type of due diligence on pitchbook, google, sec.gov etc
Mr.William.C.Wade, thanks for being a independent thinker. A vase amount of these non-MD material don't understand that you have to go through IB route, wish I could publish more but that would make more competition and fuck that
For those who may think I'm him, I'm not
and excuse my grammar, usually a intern takes care of it for me. If you dealt with C-suite executives, you would know we have shitty grammar
correlation is not causation lol
I just saw a ton of his ads and came here. Does anyone else know about this kid? Looks super scammy... seems more like a youtube kid than an investor... I could be wrong.
Big BYU energy
Cringeworthy. On the other hand, know quite a few who run search fund type of micro PE funds and do very well for themselves. Few of them have top MBAs. Seen a few where its an educated kid who invests / manages their family wealth (I live in an area where there are quite a few millionaires who never graduated college / own blue collar companies). One of my friends from HS was lucky enough to be in that type of situation after college and a few finance internships. Hasn't worked for anyone else and just manages his father's investments.
If you look up Bridger Pennington's current fund Ugly Unicorn and Fund Launch Partners, this is what I found from SEC and FINRA (can't post links on this thread, but you can google for yourself).
According to the SEC, they had raised over $12m in 2022 for Ugly Unicorn.
On their website, today they have over $20m and are raising $100m.
In 2023 they got a 63% Net ROR to investors for Ugly Unicorn
His other fund, Fund Launch Partners is raising $50m, not sure how much they've raised so far.
Seems pretty legit to me (at least on the start-up fund phase). SEC filings are all there.
I also had a buddy join their Fund Launch/Black Card program with Bridger Pennington said they used their lawyers, pitch deck designers and consultants and helped launch their fund. He said it was pretty legit
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