Bridges is delighted to announce a new partnership with Matrix Telematics (“Matrix”), a fleet telematics and software provider that helps to improve driver safety, prevent accidents and reduce emissions. The investment values the business at over £60m. Bridges is backing the existing management team led by CEO Mark Packman, who founded Matrix in 2001 alongside […]
Read moreWrenbridge and Bridges Fund Management have acquired a strategic employment site on North Road, Stevenage, with a view to developing over 200,000 sq. ft. of logistics/industrial space. The 16.5-acre site, which is allocated for employment use, sits 0.5 miles to the west of Junction 8 of the A1(M) and 20 miles north of the […]
Read moreBridges is delighted to announce a new partnership with Nkuku, the fast-growing ethical home and lifestyle brand. Nkuku was founded by Alistair and Alex Cooke in 2003, inspired by a round-the-world trip. It works directly with artisans around the world to create and sell beautifully handmade home and lifestyle products, which combine traditional craftsmanship […]
Read moreBridges Fund Management has acquired GEV Wind Power (“GEV”), one of the world’s leading wind turbine repair and maintenance providers, from Maven Capital Partners. The existing management team, led by CEO David Fletcher, is re-investing as part of the deal and will continue to lead the business in this growth market. We must produce more […]
Read moreIn 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.
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 moreThis is Bridges’ fourth specialist property fund, and its largest investment vehicle to date The vehicle has attracted a range of investors, including local authority pension funds, financial institutions and foundations It will follow the same strategy of investing in emerging locations, niche sectors and value situations, delivering strong societal impact and attractive financial returns […]
Read moreBridges Fund Management (“Bridges”), the specialist sustainable and impact investor, and Cerberus Capital Management, L.P. (“Cerberus”) today announced the sale of Qbic Hotel to an affiliate of Cerberus. Bridges first invested in Qbic in 2012, via its Sustainable Growth Fund III. This investment allowed for the transformation of a disused 56,000 sq. ft. office building […]
Read moreBridges recently announced the sale of Qbic Hotel to Cerberus Capital Management. Qbic is based around the innovative ‘Qbi’ concept. Developed in Amsterdam, the Qbi is a pre-fabricated bedroom made primarily from recycled materials that can be installed within an existing structure. This makes it possible to build a hotel much more quickly and efficiently […]
Read moreBridges recently held a final close of its latest Property Alternatives Fund at £220m, our largest investment vehicle to date. The vehicle attracted a range of investors, including local authority pension funds, financial institutions and foundations. It will follow the same strategy of investing in emerging locations, niche sectors and value situations, delivering strong societal […]
Read moreBridges Sustainable Growth Fund III, which is managed by specialist sustainable and impact investor Bridges Ventures (“Bridges”), has invested £13m to buy a majority stake in World of Books, a market-leading ‘circular economy’ technology business for used books. Founded by a group of book-loving entrepreneurs in 2002, World of Books has been a pioneer in […]
Read moreWe were delighted to win the Investing and Financing category in the recent ‘Finance for the Future Awards 2016’, in recognition of the success of the Bridges Social Entrepreneurs Fund. This fund was the first of its kind in the UK: an institutional closed-ended fund designed to provide quasi-equity, plus strategic and operational support, to […]
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