Understanding the World of Investment Funds with Bridger Pennington | Jake and Gino Podcast

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Smartinvesting, Buyingrealestate, Investing, Multifamilyrealestateinvesting, Business, Investingsmart, Apartmentinvesting, Management, Makingmoney, Realestateinvesting, Cashflow, Jakeandgino, Realestateinvestment, Commercialrealestateinvesting, Buyingapartmentbuildings, Entrepreneurship

4.9 • 842 Ratings

🗓️ 21 December 2023

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this enlightening episode of the Jake and Gino Podcast, join hosts Jake Stenziano and Gino Barbaro as they dive deep into the intricacies of investment funds with the insightful Bridger Pennington. Bridger, the founder of two investment funds and an eight-figure hedge fund, Ugly Unicorn, shares his remarkable journey from starting businesses in college to managing significant investment funds and helping others do the same through his online program, Fund Launch. Chapters: 00:00 - Intro04:10 - Why Bridger Whent to College?06:13 - Jake stops the podcast08:47 - Bridgers Take on College15:01 - Bridger, His Dad and His First Fund20:18 - The Right Type of Person To Start A fund24:48 - Negatives of Starting a Fund?28:51 - Tips on Raising Capital31:47 - Asking About the Close37:24 - Scaling a Fund?40:37 - Bridger Describes his Fund42:54 - Authors that Have Guided Bridger and Informed His Business45:30 - Jake and Gino Talk About Their Outlook on Funds48:19 - Getting Ahold of Bridger54:13 - Gino Wraps It Up Key Highlights: Bridger's unique start in the world of funds right out of college. The evolution and success of his fund, Ugly Unicorn, in the blockchain and crypto space. Insightful discussions on the importance of understanding funds, whether you're starting one or simply looking to invest. Bridger's personal story of growth, mentorship, and the lessons learned from his father, a successful fund manager. An exploration of different fund types and the challenges and rewards of managing a fund. Episode Timestamps: 00:00 Introduction to Bridger Pennington 01:23 Bridger’s early business ventures in college 04:02 Discussion on the value of college education 07:43 Insights into the mindset of successful fund managers 17:22 The challenges of raising capital for funds 24:00 Bridger's advice on effective capital raising strategies 36:24 Scaling a fund and the business dynamics involved 47:55 The societal impact of large institutional funds Special Moments: Bridger's multilingual skills and how they play into his business acumen. The light-hearted banter between Jake, Gino, and Bridger, making complex topics accessible and engaging. Bridger's candid sharing of his failures and successes, providing valuable lessons for aspiring fund managers and investors. About the Guest: Bridger Pennington is the founder of investment funds, including Ugly Unicorn, and the creator of Fun Launch, an online platform dedicated to educating and assisting in fund launches. His expertise lies in the realm of hedge funds, venture capital, and private equity, with a focus on blockchain and cryptocurrency investments. Connect with Bridger: Website: FundLaunch.com LinkedIn: Bridger Pennington

Transcript

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0:00.0	You punched them right in the nuts, didn't you?
0:01.8	Damn it, Dad.
0:04.0	What's going on, Dad?
0:05.3	Why haven't I been able to, like, order a soda at Chipotle for the past 10 years because it's too expensive?
0:10.5	But yet, you're running these multi-billion dollar funds.
0:22.9	Hello, everybody. This is Jake Stens. IIner. The host, Jake and Gino podcast.
0:27.8	Here with my co-host, the multifamily mentor, the coach, Chef, Father Sixth, the best-selling author, The G-Dady.
0:29.3	Gino, Barbara, how's it going?
0:34.0	Jake, doing good, not looking as good as you are, brother, but I'm doing all right, my friend. How you doing?
0:37.8	It's not easy for most, my friend. It's just not easy. Doing great.
0:38.9	Always making it happen, big man.
0:45.7	Today's guest is the founder of two investment funds that have done over 217 deals in the last four years.
0:46.8	That's a lot of work.
0:48.8	That's flipping right there.
0:55.8	Currently, he manages an eight-figure hedge fund, ugly unicorn, and has started helping others launch their own funds through his online program fun launch so without further ado bridger pennington welcome the show
1:00.7	fellas good to be on here it's going to be fun today no relation to chad no i wish you know
1:09.1	chad ties all these famous pennington, and I don't know any of them.
1:12.4	So, yeah, I'm just my own, I'm on my own little island.
1:14.7	So it's a ways down the family tree, but maybe.
1:18.1	I guess, yeah.
1:18.7	I mean, it's that far, if you see me on the, I think I'm okay at sports.
1:22.2	I played in a basketball game last night, though, and man, I I got I got smoke so I'm a I'm a far step away from from chat on the
	...

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