Uploaded September 2025 | Updated September 2026, 2 weeks ago
Start your Single Asset Fund Here: fundlaunch.com/SAF
The landscape for launching and structuring deals is evolving fast—and in 2025, credibility is more critical than ever.
Here's the problem.
High net worth individuals and family offices remain key players in the private capital space—but they often require a formal, credible structure and track record before even considering an investment conversation.
During this LIVE call, you’ll get a practical, behind-the-scenes look at the strategies and structures used by experienced operators to position their deals more credibly in front of serious capital partners.
You won’t walk away with a guaranteed check, but you will walk away with strategic clarity—and a framework designed to help you take your next step more confidently.
Join us for a livestream with Bridger Pennington to:
- Learn how to create momentum using professionally-structured deals
- Position yourself to attract capital when great deals appear
- A proven structure to enhance transparency and trust with every deal you complete.
- Learn strategies to potentially unlock pathways to larger capital sources over time.*
- Maintain full control over your deals—unlike many informal or passive partnerships.
Stop watching others buy your dream deals. Learn the "Single Asset Fund" model to start acquiring the deals you've been watching...
Timestamps:
0:00 – Introduction & Welcome
0:37 – What is a Fund?
3:41 – Who is Bridger?
8:27 – How Fund Managers make more money than every other industry
18:33 – How to build a Fund
31:48 – How the kings and queens of Wall street built their funds
38:00 – Is right now a good time to start a fund?
46:58 – Single Asset Funds
1:09:37 – The 5 stories
1:14:09 – Fund Launch Formula
1:23:34 – Wantrepreneur vs Entrepreneur
1:27:00 – Legal Structure of Fund
1:29:00 – Raising Capital
1:40:40 – Licenses
1:46:00 – Open Ended vs Close Ended Funds
1:51:10 – Why is this important right now?
2:01:00 – 506B or 506C Fund?
2:05:50 – What do you do after launching your Fund / Fund Strategy
2:12:00 – Q&A Rapid Fire
2:18:00 – Waterfall structures
2:23:33 – First event I ever attended leading to today
About Bridger Pennington:
Bridger Pennington launched his first fund at age 22. Since then, he’s taught thousands of aspiring fund managers how to better structure their deals through his educational programs. His mission is to make professional-grade fund strategies more accessible—helping entrepreneurs move from informal deal-making into more structured, scalable models inspired by institutional frameworks.
Start your Single Asset Fund Here: fundlaunch.com/SAF
The landscape for launching and structuring deals is evolving fast—and in 2025, credibility is more critical than ever.
Here's the problem.
High net worth individuals and family offices remain key players in the private capital space—but they often require a formal, credible structure and track record before even considering an investment conversation.
During this LIVE call, you’ll get a practical, behind-the-scenes look at the strategies and structures used by experienced operators to position their deals more credibly in front of serious capital partners.
You won’t walk away with a guaranteed check, but you will walk away with strategic clarity—and a framework designed to help you take your next step more confidently.
Join us for a livestream with Bridger Pennington to:
- Learn how to create momentum using professionally-structured deals
- Position yourself to attract capital when great deals appear
- A proven structure to enhance transparency and trust with every deal you complete.
- Learn strategies to potentially unlock pathways to larger capital sources over time.*
- Maintain full control over your deals—unlike many informal or passive partnerships.
Stop watching others buy your dream deals. Learn the "Single Asset Fund" model to start acquiring the deals you've been watching...
Timestamps:
0:00 – Introduction & Welcome
0:37 – What is a Fund?
3:41 – Who is Bridger?
8:27 – How Fund Managers make more money than every other industry
18:33 – How to build a Fund
31:48 – How the kings and queens of Wall street built their funds
38:00 – Is right now a good time to start a fund?
46:58 – Single Asset Funds
1:09:37 – The 5 stories
1:14:09 – Fund Launch Formula
1:23:34 – Wantrepreneur vs Entrepreneur
1:27:00 – Legal Structure of Fund
1:29:00 – Raising Capital
1:40:40 – Licenses
1:46:00 – Open Ended vs Close Ended Funds
1:51:10 – Why is this important right now?
2:01:00 – 506B or 506C Fund?
2:05:50 – What do you do after launching your Fund / Fund Strategy
2:12:00 – Q&A Rapid Fire
2:18:00 – Waterfall structures
2:23:33 – First event I ever attended leading to today
About Bridger Pennington:
Bridger Pennington launched his first fund at age 22. Since then, he’s taught thousands of aspiring fund managers how to better structure their deals through his educational programs. His mission is to make professional-grade fund strategies more accessible—helping entrepreneurs move from informal deal-making into more structured, scalable models inspired by institutional frameworks.
![How to Scale a Fund in 2026: Bridger Pennington x Seth Merrill Interview
[NEW] Try Fund Launch AI here: https://beta.fundlaunch.com?sl=yt
Fund Launch AI helps investors design and launch their fund by chatting with AI.
With real lawyers in the loop to finalize and launch your fund.
We Help People Launch Funds! https://www.fundlaunch.com/?sl=youtube
Discover the strategic playbook behind scaling a successful investment fund in 2026 as Bridger Pennington sits down with Seth Merrill for a deep dive into fund operations, capital raising, investor psychology, and the systems elite fund managers are using to grow in today’s environment. This conversation breaks down the mindset and tactics that separate stagnant managers from those who scale with confidence and predictability.
You’ll learn what truly moves the needle when building a fund, how to streamline processes, and the key principles Seth applies inside top-performing funds. Whether you’re launching your first fund or looking to expand an existing one, this interview delivers practical insights you can immediately apply. If you find this valuable, be sure to subscribe for more in-depth discussions on fund building, investment strategy, and the future of alternative assets.
CHAPTERS:
0:00 Inside Private Interview with Seth Merrill
0:33 Who Is Seth Merrill?
1:30 Three Investing Themes for 2026
1:56 Theme #1 - Get Large
3:13 Small Cap Premium Flips Upside Down
3:47 Mag Seven vs Rest of S&P
4:56 Why Scale Beats Small Caps Now
6:15 Staggering CapEx of Mag Seven
6:58 AI Data Centers’ Energy Hunger
8:39 Are Circular AI Bets a Bubble
10:16 Theme #2 - Downward Pressure on Rates
10:22 Valuations, Shiller PE and Rates
13:46 Theme #3 – Second Wave of AI
14:27 Sector Winners and Laggards in AI
15:23 Hunting AI Upside in Healthcare
17:33 Role of Bonds After Tariff Shocks
19:17 How to Position Bond Exposure
20:22 Concentration Risk and Antitrust Watch
21:27 Trump, Tariffs, and Fed Politics
24:29 Powell, Independence, and Rate Cuts
25:30 Why Fed Credibility Still Matters
25:59 Seth’s Closing Thoughts and Next Fund
FOLLOW ME ON SOCIAL:
Follow Me on Instagram: https://www.instagram.com/bridger_pennington/?sl=youtube
Like My Page on Facebook: https://www.facebook.com/fundlaunchsecrets/?sl=youtube
Follow Me on TikTok: https://www.tiktok.com/@bridger_pennington/?sl=youtube
Connect on LinkedIn: https://www.linkedin.com/in/bridger-pennington-670035127/?sl=youtube
ABOUT BRIDGER PENNINGTON:
Bridger Pennington is the founder of 2 investment funds that have done over 217 deals in the last 4 years. Additionally, he currently manages an 8-figure hedge fund Ugly Unicorn and is a strategic advisor to 8 portfolio funds.
He has started helping others launch their own funds through Fund Launch, an online program with over 60,000 students designed to help them start investment funds without working on Wall Street or having an Ivy League degree. Last year they launched 130 student funds, and have 12 student funds over $100 million.
Bridger has spoken on stage to thousands of people across the United States and is determined to help entrepreneurs scale their businesses through launching their own funds.
DISCLAIMER: This is NOT financial or legal advice. Fund Launch’s experiences with using a fund strategy are unique to them. You should not consume this content with the expectation that you will have similar or the same results. All fund projects are subject to multiple variables and risks that make it impossible to predict success. Since we cannot predict success or provide you with information on what an average customer experience is by creating a fund, you should assume you will not have the same type of success or any success at all. We encourage you to seek out advice from other qualified professionals for advice on setting up your particular fund. How to Scale a Fund in 2026: Bridger Pennington x Seth Merrill Interview](https://i.ytimg.com/vi/li13EZkonmg/mqdefault.jpg)



![How Private Equity Funds REALLY Work: Full GP/LP Structure Explained
[NEW] Try Fund Launch AI here: https://beta.fundlaunch.com?sl=yt
Fund Launch AI helps investors design and launch their fund by chatting with AI.
With real lawyers in the loop to finalize and launch your fund.
Private equity sounds mysterious until you see how the money actually moves! In this video, Bridger Pennington breaks down exactly how a private equity fund is structured, how the GP/LP model works, and how fund managers get paid using a simple $50M fund example.
You’ll learn how PE firms raise capital, buy companies, grow them, and exit for a profit — all explained in a clear, beginner-friendly way.
What you’ll learn:
• How the GP/LP structure actually works
• How private equity funds raise and deploy capital
• Why PE uses capital calls
• How management fees and carried interest work
• The full lifecycle of a private equity fund
If you want a simple explanation of private equity fund structure — without the jargon — this video is for you.
CHAPTERS:
0:00 Intro
0:10 How Private Equity Funds Are Structured
2:20 How the GP/LP Model Works
3:40 $50 Million Private Equity Fund Example
5:02 The Waterfall Distribution
6:32 How General Partners Get Paid
7:09 $50 Million Fund Breakdown
11:10 How Fund Managers Actually Get Paid
12:28 Why This Fund Structure Works So Well
13:35 Outro
FOLLOW ME ON SOCIAL:
Follow Me on Instagram: https://www.instagram.com/bridger_pennington/?sl=youtube
Like My Page on Facebook: https://www.facebook.com/fundlaunchsecrets/?sl=youtube
Follow Me on TikTok: https://www.tiktok.com/@bridger_pennington/?sl=youtube
Connect on LinkedIn: https://www.linkedin.com/in/bridger-pennington-670035127/?sl=youtube
ABOUT BRIDGER PENNINGTON:
Bridger Pennington is the founder of 2 investment funds that have done over 217 deals in the last 4 years. Additionally, he currently manages an 8-figure hedge fund Ugly Unicorn and is a strategic advisor to 8 portfolio funds.
He has started helping others launch their own funds through Fund Launch, an online program with over 60,000 students designed to help them start investment funds without working on Wall Street or having an Ivy League degree. Last year they launched 130 student funds, and have 12 student funds over $100 million.
Bridger has spoken on stage to thousands of people across the United States and is determined to help entrepreneurs scale their businesses through launching their own funds.
DISCLAIMER: This is NOT financial or legal advice. Fund Launch’s experiences with using a fund strategy are unique to them. You should not consume this content with the expectation that you will have similar or the same results. All fund projects are subject to multiple variables and risks that make it impossible to predict success. Since we cannot predict success or provide you with information on what an average customer experience is by creating a fund, you should assume you will not have the same type of success or any success at all. We encourage you to seek out advice from other qualified professionals for advice on setting up your particular fund. How Private Equity Funds REALLY Work: Full GP/LP Structure Explained](https://i.ytimg.com/vi/n1bwGuW7Nqk/mqdefault.jpg)





