We’re delighted to report that the Bridges Sustainable Growth Funds have made a majority investment into Evora Global, a UK consultancy that helps clients around the globe to improve the sustainability and reduce their climate risk of their real estate portfolios. Founded in 2011 by Chris Bennett, Ed Gabbitas and Paul Sutcliffe, Evora has grown […]
Read moreBridges is delighted to announce it has joined the Net Zero Asset Managers initiative (‘NZAM’), a group of 220 international asset managers supporting the goal of reaching Net Zero greenhouse gases by 2050 or sooner (in accordance with the 2015 Paris Agreement). NZAM brings together managers with assets totalling $57.4 trillion (collectively representing nearly 60% […]
Read moreBridges is delighted to announce its investment into Storetec, a digitisation and data storage business in which it has acquired a majority stake. Storetec, based in Hull, provides outsourced document scanning, archive storage and cloud-based document management solutions to businesses in both the public and private sectors, including NHS Trusts, councils, FTSE 100 companies, professional […]
Read moreWe’re delighted to announce the final closing of our fifth real estate fund, Bridges Property Alternatives Fund V (“Fund V”), at its hard cap of £350m – £50m above our original target and the largest fund Bridges has raised to date. Fund V is almost 60% larger than its predecessor vehicle; the re-up rate from […]
Read moreWe’re delighted to announce that we’ve completed construction on Verda Park, a new 155,000 sq. ft. industrial/logistics development in Wallingford, South Oxfordshire, in partnership with Equation Properties. The scheme, which consists of 12 units ranging from 5,000 – 40,000 sq. ft., has been developed to the highest sustainability standards – including EPC A+, Net Carbon […]
Read moreBridges’ Philip Newborough and Michele Giddens collected a special award at this year’s Private Equity Awards in London. Our co-CEOs (and co-founders) were this year’s selection for the private equity ‘Hall of Fame’ – in recognition of the work they (and Bridges more broadly) have done in building the market for sustainable and impact-driven investing. […]
Read moreThe Bridges Impact Foundation Annual Report 2020/21 showcases some of the important work our philanthropic arm has been doing over the last twelve months, in the face of the unprecedented challenge of the Covid-19 pandemic. Click here to have a read. We’d love to know what you think! The Bridges Impact Foundation is funded primarily by the […]
Read moreWe’re pleased to announce that Birchgrove, our pioneering ‘assisted living for rent’ platform, has agreed to sell its first two sites (in Sidcup and Woking) to global asset manager M&G for £69m. Demand for high-quality assisted living accommodation in the UK is rising, given the country’s ageing population and the limited availability of retirement living […]
Read moreOur latest annual report looks at all the highlights from what was a remarkable year for the Bridges funds, with a strong recovery in value from the mid-pandemic lows and a number of exciting new investments across the platform. Click here to have a read. We’d love to know what you think!
Read moreThe Bridges Sustainable Growth Funds have completed their fourth investment this year, backing Manchester-based Tier 1 – a pioneering circular economy business that specialises in refurbishing and recycling used IT hardware. Tier 1 is helping to tackle a growing global challenge: electronic waste. According to the UN, 54m tonnes of e-waste was produced globally in […]
Read moreWe’re delighted to announce that Elysian Capital has acquired a majority stake in Wholebake, the healthy snack bar manufacturer that has created over a hundred jobs at its BRC AA-accredited production facilities in North Wales. This new investment represents a successful exit for the Bridges Sustainable Growth Funds, which initially invested in Wholebake in 2014. […]
Read moreWe’re pleased to announce that Bridges has exited its investment in The Vet, the UK-based affordable veterinary services provider, to trade buyer CVS Group. Bridges created The Vet in 2013 (in partnership with founder/CPO Jane Baldwin), recognising that while the number of pet owners was growing steadily, many were finding it hard to access quality […]
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