Bridger Management LLC

Bridger Management, LLC provides discretionary investment management to a set of private pooled investment vehicles offered to accredited and qualified investors. The firm does not tailor advisory services to individual investors in those funds and manages all reported regulatory assets on a discretionary basis.

Bridger’s investment program centers on long/short equity strategies informed by fundamental, field-based research and may include investments in non‑U.S. issuers and private investment funds. The brochure also details active use of derivatives and leverage — including swaps, options, futures and forwards — and discusses related market and regulatory issues such as Dodd‑Frank clearing requirements, CFTC position limits, margin borrowing and hedging risks.

Notable operational features that differentiate Bridger from many peers include explicit discussion of futures/options trading and related commodity‑market considerations, the use of outsourced trading and prime brokerage arrangements, and the firm’s practice of portfolio company directorships (with related compensation offsets to management fees). The firm likewise highlights that the Auson Fund primarily invests in third‑party private funds and that the Healthcare Fund is being wound down with fee waivers, and it discloses formal policies governing AI use and soft‑dollar research — governance and product details that are less common among similarly sized investment managers.