Bridges Impact Report 2014: Learning from a Multi-Fund Approach
Bridges’ latest annual Impact Report looks to quantify some of the societal impact achieved across our funds in the last year. For instance, in the last year, Bridges portfolio investments have: Helped learners gain over 4,000 qualifications Moved over 1,000 previously unemployed people into jobs Provided at-home care to over 1,200 individuals Avoided more than 85,000 tonnes […]
Bridges’ latest annual Impact Report looks to quantify some of the societal impact achieved across our funds in the last year.
For instance, in the last year, Bridges portfolio investments have:
- Helped learners gain over 4,000 qualifications
- Moved over 1,000 previously unemployed people into jobs
- Provided at-home care to over 1,200 individuals
- Avoided more than 85,000 tonnes of carbon emissions
- Prevented over 100 children dropping out of education, employment and training
Since its inception in 2002, Bridges has developed a number of different fund types to support impactful business models. Today the firm manages almost £500m across its Sustainable Growth, Property and Social Sector funds. Although the funds differ in the types of business models they back and the levels of risk-adjusted returns they generate, they all focus on the same four impact themes: Health & Well-being, Education & Skills, Sustainable Living and Underserved Markets.
Emilie Goodall, Director of Projects, Bridges Impact+, says: “By consistently focusing on the same four impact themes, our investment teams have been able to develop a good understanding of the structural issues behind a number of pressing societal challenges. This gives us a better sense of which business models will be most effective in addressing these challenges – be it a for-profit growth business that can generate jobs in an area of high unemployment, a social enterprise model that provides better care for the elderly and more rewarding roles for employees, or a property investment that can contribute to the regeneration of a deprived area. So developing a platform of funds has enabled us to deliver more impact across our portfolio – and better returns for our investors.”
View the report here. (Screen view) (Printer friendly)