20th November 2019
Evergreen partners with AgilityEco to help fight fuel poverty
Bridges Evergreen Holdings (“Evergreen”) has acquired a significant minority stake in AgilityEco Services Ltd (“AgilityEco”), a recognised leader in low-carbon, energy efficiency and fuel poverty services, to support its long-term growth and so help more vulnerable households. More than 10% of all households in the U.K. live in fuel poverty*. AgilityEco is helping to tackle […]
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13th May 2020
Responding to Covid-19: Engaging customers
As an impact-driven investor, we at Bridges have always believed that by driving better outcomes for all stakeholders, we can create more resilient assets that are better placed to create shared value over the long term. This conviction has shaped all of the intensive work we have done with our partners since the onset of […]
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13th May 2020
Responding to Covid-19: Supporting staff
As an impact-driven investor, we at Bridges have always believed that by driving better outcomes for all stakeholders, we can create more resilient assets that are better placed to create shared value over the long term. This conviction has shaped all of the intensive work we have done with our partners since the onset of […]
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5th August 2019
Bridges backs énergie Fitness to drive growth of small-box low-cost gyms
Bridges Fund Management has acquired a majority stake in énergie Fitness (“énergie”), the leading UK low-cost gym franchise business with over 100 sites across the UK & Ireland, for an undisclosed sum. The investment from Bridges – a specialist in this sector – will help énergie to accelerate its growth plan and continue broadening access […]
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12th November 2018
Bridges and HUB agree £62m deal with L&Q for 172 affordable homes in Croydon
Bridges and HUB, a specialist residential developer, have agreed a £62m deal with leading housing association L&Q to develop 172 homes in Croydon, south London. The forward funding deal will see L&Q fund and take ownership of two blocks, comprising 84 and 88 units, which form part of Bridges’ wider Taberner House development. L&Q will […]
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12th February 2019
Bridges and HUB join forces with Women’s Pioneer Housing for £80m redevelopment of West London site
Specialist housing association Women’s Pioneer Housing (WPH) has selected Bridges Fund Management and HUB, a specialist housing developer, to redevelop a key site on Wood Lane, White City, in an innovative partnership that will deliver a substantial new residential building, as well as 80 new homes for WPH residents, more than doubling the number currently […]
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22nd February 2018
IP&E: Impact investors begin to build momentum in UK affordable housing
IP&E Real Estate looks at the growth of institutional investment in the private rented sector and affordable housing, highlighting the recent launch by Bridges Evergreen Holdings of The Ethical Housing Company in Redcar, Teesside. Read the article here.
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23rd February 2018
Property Week: Challenges to rise to in 2018
In this Property Week round-table, Simon Ringer, head of the Bridges property funds, joined other sector experts to discuss the outlook for the property sector in 2018, picking out the key challenges and opportunities for investors in the months ahead.
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20th December 2017
Bridges’ Annual Impact Report 2017
2017 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, […]
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7th February 2018
The Ethical Housing Company launches to tackle housing need in Teesside
Bridges 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 […]
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22nd November 2017
Bridges to support £1.8m Rough Sleeping SIB in Greater Manchester
A pioneering collaboration between the housing sector, social sector and social investors will deliver a new programme to tackle rough sleeping across Greater Manchester, as part of a £1.8m Government-backed outcomes contract. The GM Homes Partnership – a consortium put together by One Manchester and Trafford Housing Trust, two Greater Manchester-based housing providers, and Bridges Fund Management […]
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9th January 2018
Real Deals: Bridges-backed Viva Gym acquires Fitness Hut
Our Spanish portfolio company Viva Gym has joined forces with Portugal’s Fitness Hut to create the largest low-cost gym group in Iberia, with almost 200,000 members and revenues of more than €50m. Real Deals covers the deal here.
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