Fairbridge Asset Management LLC

Fairbridge Asset Management LLC is a registered investment adviser specializing in providing advisory services on a discretionary basis to pooled investment vehicles. The firm was established in 2018 and is owned by Brian Walter, John Lettera, and Steven Wissak. Fairbridge primarily focuses on originating short-term bridge loans secured by real estate assets, with loan-to-value ratios typically targeted at 40%-70% and interest rates ranging from 10%-13%. The firm manages a portfolio of real estate loans without tailoring it to individual investors' needs. As of December 31, 2024, Fairbridge had approximately $370,739,690 in regulatory assets under management. For fees, Fairbridge negotiates based on factors like investment size and typically charges a management fee of up to 3.5% of net asset value. Performance-based fees are also negotiated and may equal up to 20% of net profits. The firm discloses potential risks associated with its investment strategies, such as general real estate market risks, high-risk investments, and risks related to mortgage loans. Fairbridge has a Code of Ethics to ensure fair and ethical conduct, and it has custody of client assets held at a qualified custodian. The firm exercises investment discretion in managing client accounts and has the authority to act in the best interests of clients regarding loan management and enforcement. Fairbridge does not provide services related to public securities and does not vote on proxies. The firm has not faced any disciplinary actions in the last ten years.