Bridges Fund Management (“Bridges”) has raised £155m of capital to invest in impactful growth businesses and mission-led enterprises, following the close of its latest growth fund and a number of managed accounts. Over the last two years, Bridges has been re-shaping its investment platform in response to demand from impact-driven entrepreneurs seeking different kinds of […]
Read moreThis is the second fundraise for Bridges Evergreen Holdings (“Evergreen”), Bridges’ pioneering permanent capital vehicle Over 90% of the new capital raised came from existing LPs Evergreen provides a permanent source of capital – alongside strategic and operational support – to mission-led enterprises It has made three investments since its launch in December 2016 Bridges […]
Read more2017 has been another busy year for Bridges: we closed our largest ever fund, launched pioneering new strategies in both the UK and the US, made a number of exciting new investments across the platform, and even changed our name: to Bridges Fund Management (to better reflect the breadth of our platform). Within the portfolio, […]
Read moreBridges Evergreen Holdings (“Evergreen”) is delighted to announce the launch of The Ethical Housing Company (“EHC”), an ambitious new property venture with a mission to create a portfolio of well-maintained, affordable homes for rent in Teesside. The Ethical Housing Company (ethicalhousing.co.uk) will acquire suitable 1-3-bedroom properties in the region, focusing initially on Redcar, Cleveland and […]
Read moreShaw is one of the UK’s leading providers of residential and nursing care for the elderly, helping to address the urgent under-supply of quality provision. It is one of the ten biggest employee-owned businesses in the UK, with over 3,500 employees. Bridges, which has a long track record in the care sector, is investing £10m […]
Read moreEach year, the Queen’s Birthday Honours List recognises the achievements of extraordinary people across the UK. We were very proud to learn that Bridges partner Antony Ross was among those honoured this year, receiving an OBE for his services to Social Enterprise and Investment. Read more on this here. See what the press said at: […]
Read moreBridges was delighted to be named ‘Investor of the Year’ at the 2016 EducationInvestor Awards. The award recognises Bridges’ track record of working with outstanding management teams to build high-growth, high-impact businesses in the education sector. This year’s highlight was our successful exit from Babington Group, a Derby-based apprenticeships provider, which was sold to RJD […]
Read moreNew Reflexions is a specialist children’s home operator headquartered in Shropshire It provides integrated care, therapy and education to young people with complex needs Evergreen will support New Reflexions to expand into new regions, whilst maintaining its strong culture and focus on delivering the best possible outcomes for the young people in its care This […]
Read moreBridges Evergreen Holdings is a new kind of investment vehicle, designed to free ambitious mission-led businesses from the constraints of traditional fund structures It will look to back profit-with-purpose companies, public sector spin-outs, social sector organisations and employee-owned businesses It is structured as a holding company rather than a fund so it can provide ongoing […]
Read morePioneers Post looks at our latest investment vehicle, Bridges Evergreen Holdings. Evergreen is a new permanent capital vehicle designed to free ambitious mission-led businesses from the constraints of traditional fund structures. Building on our experience of working with high-impact social businesses, Evergreen is structured as a holding company rather than a fund – so it […]
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