{
  "docId": "019de074-4db7-7598-8cbd-30e1557cd316",
  "docSlug": "066434b9cc015338a7a46b9042c322fb",
  "documentTitle": "Bridge Investment Group | SPAC Presentation Deck | 16 slides",
  "authorId": "bridge-investment-group",
  "authorName": "Bridge Investment Group",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2023-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 7,
  "pageCount": 16,
  "prevPage": 6,
  "nextPage": 8,
  "slideType": "market_sizing",
  "function": "size_opportunity",
  "density": "dense",
  "nDataPoints": 21,
  "notes": "The chart displays H1 and H2 volumes for each year.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-4db7-7598-8cbd-30e1557cd316/7",
  "deckHref": "/decks/019de074-4db7-7598-8cbd-30e1557cd316",
  "deckJsonHref": "/decks/019de074-4db7-7598-8cbd-30e1557cd316.json",
  "deckAnchorHref": "/decks/019de074-4db7-7598-8cbd-30e1557cd316#slide-7",
  "components": [
    {
      "bbox": {
        "h": 0.04,
        "w": 0.88,
        "x": 0.06,
        "y": 0.11
      },
      "kind": "callout",
      "text": "Secondaries Is An Attractive Growth Market",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8795892d-9ecf-4b51-8f96-01c3cf99944c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.88,
        "x": 0.06,
        "y": 0.52
      },
      "kind": "chart",
      "text": "Secondary Market Volume ($Bn)",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4934ad95-fb4a-45f2-a2c8-17d5ff60fa4d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.88,
        "x": 0.06,
        "y": 0.17
      },
      "kind": "list",
      "text": "After two decades of significant growth, the alternative assets sector has $13.3Tn AUM held in largely illiquid investments, driving the need for a secondary market to provide liquidity to LPs. Since Newbury Partners' founding, the secondary market has grown by a factor of 10, with an estimated $240 billion of transactions completed in 2021-2022. Secondary funds provide several advantages over traditional private equity funds, including: Buy-in at a discount to NAV, Seasoned investments offer j-curve mitigation and early cash flows, Limited blind pool risk provides visibility into underlying fund investment holdings, Increased diversification. Several growth drivers for further market expansion including growth in the broader private equity market and increasing investor need for liquidity.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f8a774ad-eacb-4abd-b196-8eba8e9fa77f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.06,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "1. Source: Preqin, Assets Under Management by Date, as of June 2022. 2. Source: Greenhill Cogent, Secondary Market Trends & Outlook, January 2016. 3. Source: Jefferies, \"Global Secondary Market Review, January 2023.\"",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "02ea2667-3a87-48d3-b293-29c3c14aa06e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.88,
        "x": 0.06,
        "y": 0.05
      },
      "kind": "title",
      "text": "NEWBURY PARTNERS IS WELL POSITIONED IN THE FAST-GROWING SECONDARIES MARKET",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ccffda51-22c3-4559-9c19-31639b3971a9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Market Segmentation Pyramid",
      "slug": "market-segmentation-pyramid",
      "agent": null,
      "layer": "slide",
      "matchId": "25c50e47-2304-4893-aea9-b1c21eede750",
      "evidence": "The slide presents market sizing information, indicating a specific market segment.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 7,
      "from": 7,
      "beatId": "a9f0805e-5dfd-4175-93d4-e488e188b82e",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Market Size",
      "beatSlug": "sequoia-pitch-market-size",
      "evidence": "Slide 7 discusses the growing secondaries market.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}