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Adviser Profile

As of Date 06/28/2024
Adviser Type - Large advisory firm
Number of Employees 9
of those in investment advisory functions 8
Registration SEC, Approved, 7/31/2023
Other registrations (2)
Former registrations

BRIDGEPORT MANAGEMENT COMPANY LLC

AUM* 304,354,574
of that, discretionary 304,354,574
Private Fund GAV* 304,354,574 6.53%
Avg Account Size 152,177,287
SMA’s No
Private Funds 2
Contact Info 973 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1 1 1 1

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$31,761,050
Fund TypeOther Private Fund Count1 GAV$272,593,524

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Brochure Summary

Overview

Bridgeport Management Company, LLC (“Bridgeport” or the “Firm”), located in New York, NY, commenced operations in August 2022. The Firm is owned by principals Frank Martire Jr. and Frank Martire III. Bridgeport provides discretionary investment advisory services to the following clients (each a “client” and together with future private investment funds to which Bridgeport and/or its affiliates provide investment advisory services, the Firm’s “clients”):
• Bridgeport Strategic Opportunities Partnership, LP (the “Fund”) and
• BGPT Catalyst, LP (the ”SPV”). The following general partner entities are affiliated with Bridgeport:
• BSOP GP, LLC
• BGP Catalyst GP, LLC (each a “General Partner” and together, the “General Partners”) Each General Partner is subject to the Investment Advisers Act of 1940, as amended (the “Advisers Act”) pursuant to Bridgeport’s registration in accordance with SEC guidance. This Brochure also describes the business practices of the General Partners, which operate as a single advisory business together with Bridgeport. The Firm seeks to generate attractive risk-adjusted returns by investing in companies and assets, primarily but not exclusively through privately negotiated transactions, with no target for any specific industry, sector, or investment type. The Firm has broad investment discretion with respect to investment decisions and investors may not impose restrictions on the securities or types of securities in which the clients invest. The Firm may provide co-investment opportunities to electing investors and/or third parties. The investment objective and strategy for each client is fully described in the relevant offering documents, investment management agreements, limited partnership or other operating agreements of the clients (collectively, the “Governing Documents”). Bridgeport’s investment advisory services, pursuant to the investment management agreements, are provided directly to the clients and are not tailored to any individual underlying investors. The Fund is a private fund that invests primarily, though not exclusively, through negotiated transactions in operating entities, generally referred to herein as “portfolio companies” or “portfolio investments.” Bridgeport’s investment advisory services to the Fund consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments
and achieving dispositions for such investments. Although investments are made predominantly in non-public companies, investments in public companies are permitted. From time-to-time, where such investments consist of portfolio companies, the senior principals or other personnel of Bridgeport or its affiliates are permitted to generally serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the Fund has invested. Investors in the Fund participate in the overall investment program for the Fund, but in certain circumstances are excused from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant to the Governing Documents; for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship between Bridgeport and any investor. Additionally, from time-to-time and as permitted by the Governing Documents, Bridgeport expects to provide (or agree to provide) co-investment opportunities (including the opportunity to participate in co-invest vehicles) to certain current or prospective investors or other persons, including other sponsors, market participants, finders, consultants and other service providers, Bridgeport’s personnel and/or certain other persons associated with Bridgeport and/or its affiliates. Such co-investments often involve investment and disposal of interests in the applicable portfolio company at substantially the same time and on substantially the same terms as the Fund making the investment. The SPV is a private fund that invests primarily in a single operating entity. Bridgeport’s investment advisory services to the SPV consists of identifying and evaluating any follow-on investment opportunities, negotiating the terms of investments, managing and monitoring investments and achieving dispositions for such investments. From time-to- time, where such investments consist of portfolio companies, the senior principals or other personnel of Bridgeport or its affiliates are permitted to generally serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the SPV has invested. As of December 31, 2023, the Firm managed approximately $ 304,355,000 of regulatory assets on a discretionary basis and no assets on non-discretionary basis.