🚀 Building Funds, Raising Millions & Navigating the Financial World 💰 In this episode, we sit down with Bridger Pennington, the fund master behind multiple investment funds, including a blockchain investment fund and a GP stakes fund managing $50M+ in assets. He shares his journey from pitching his first fund at 22 years old to running multiple funds today, plus hard lessons learned from raising capital, fund frauds, and how to protect your investments. We also dive into how Wall Street really works, the power of private equity, the AI arms race, and hidden financial manipulation at the highest levels. If you’re into business, investing, and financial power moves, this is a must-watch episode! 📲 Follow Bridger & Fund Launch: ➡️ Website: FundLaunch.com ➡️ Instagram: @BridgerPennington 🔥 APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application 📩 BUSINESS INQUIRIES/SPONSORS: [email protected] Key Timestamps 00:00 - The Shocking Truth About Raising Capital 00:22 - Bridger Pennington’s First Fund & His Father’s Tough Lesson 01:00 - Managing $50M in Assets & Growing Multiple Investment Funds 02:45 - How to Pitch a Fund & Secure Investors 04:30 - Avoiding Fraud & The Biggest Fund Scams to Watch For 08:10 - Bernie Madoff, BlackRock & The Power of Private Funds 10:50 - The AI Investment Boom – Who Will Win the Arms Race? 13:30 - The Global Power Shift: How BRICS & the U.S. Dollar Battle It Out 17:15 - How China & BlackRock Influence Global Markets 22:30 - Gold Manipulation & The Truth About Precious Metals Investing 28:00 - Why Family is the Ultimate Flex in Business & Life 35:00 - Masterminds, Networking & Paying $150K to Meet Russell Brunson 40:00 - How to Start Your Own Fund & Avoid Costly Mistakes
Full Episode
And I went to raise capital. Like I'm going to go pitch my dad. Who better? Apparently my dad's rich. He doesn't spend it on cars or vacations or nothing. You know, like he'll probably have tons of money. So I went and pitched my dad and he emphatically said no. Wow. Yeah. He said, if I invest in your fund, it would ruin the experience of you raising money on your own.
To this date, he's, I've now launched three funds. We're kind of doing a fourth right now. Last week was the first time he's ever invested in a single fund. I currently run two funds right now. I run a blockchain investment fund. We run a GP stakes fund. We manage roughly $50 million of AUM right now. Damn. That's crazy.
All right, guys. We got the fund master here today, Bridger Pennington. Thanks for coming on, man. What's up? Good to see you. Long time waited. Yeah, I've been seeing you at events for years, man. Yes, we have. I think we were trying to plan this out limitless like two years ago, right?
Yep, yep. Good to be here. And congrats to you, man. You're blowing up. Just crushing it. I see all your clips. You guys are crushing it. Thanks, dude. You too. You're the fund expert, man. How'd you get into this stuff? Yeah, the quick story is I grew up in a normal household. Didn't know until college my dad was running a $28 billion family of funds. He didn't tell you?
Had no clue. He drove a car with a dent in the door, an old Ford Expedition. And I mean, to put that in perspective, that is... five times bigger than Cardone Capital today. Wow. He's now retired. Their funds are $48 billion, something like that. Holy crap.
And now we weren't poor by any means, but we weren't rich by any means either. And in college, I was like, dad, what have we been doing? Anyways, long story short, my dad started teaching me about funds. So he started to teach me. We got a whiteboard out. He teach me how funds are built, how to raise capital, how to put them together, how to work with the SEC.
My brother then went into law, became an investment funds attorney as well. And so I started in college. I started looking around for fund ideas. I launched a fund in college. At 22 years old, I had this interesting idea. I was at a company, pitched it to the owners of the company. They liked the idea. Went and launched this fund. My dad kind of helped me put it together.
And I went to raise capital. And I'm like, I'm going to go pitch my dad. Who better? Apparently, my dad's rich. He doesn't spend it on cars or vacations or nothing. He'll probably have tons of money. So I went and pitched my dad. And he emphatically said no. Wow. Tough love. Yeah, he said, if I invest in your fund, it would ruin the experience of you raising money on your own.
This is a lesson that you have to learn. He said no. And to this day, I've now launched three funds. We're kind of doing a fourth right now. And actually, sorry, last week, this is seven years ago, last week was the first time he's ever invested in a single fund I've ever done. Wow. So he just always said no, but it taught me a valuable lesson.
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