The Bridges Property Alternatives Fund and Stoford, a leading commercial property company, have teamed up to acquire and develop the 18-acre Prime 10 site in the Wednesfield area of Wolverhampton, at a total estimated cost of circa £20m. Bridges and Stoford plan to transform the derelict site into a high-specification warehouse and logistics centre; it […]
Read moreThe Sunday Times’ Social Affairs Editor, Nicholas Hellen, has written about Unforgettable.org, a new social enterprise being backed by Bridges. Unforgettable.org is the first comprehensive marketplace for dementia care products, offering guidance and support to those caring for patients with Alzheimer’s or other degenerative cognitive disorders. You can read the feature here. (£)
Read moreThe Sunday Telegraph interviewed John Treharne, Founder and CEO of The Gym Group, this weekend, discussing the success and expansion of the award-winning low-cost gym chain – which was incubated and backed by the Bridges Sustainable Growth Funds from concept stage. View the full article here.
Read moreSpringboard provides high-quality before- and after-school educational programming to 6,000 children at 53 public and charter schools Bridges Ventures’ investment will allow Springboard to expand access to its programs, allowing it to reach tens of thousands of children across the U.S. This is the first investment from Bridges’ U.S. office, which provides aligned capital to […]
Read moreThe group will initially consist of nine pharmacies in the North-West of England It will focus on broadening access to healthcare services, especially in under-served areas This is the seventh investment from Bridges’ third sustainable growth fund The Bridges Sustainable Growth Fund III, managed by specialist sustainable and impact investor Bridges Ventures (“Bridges”), announces the […]
Read more18-acre site in Wolverhampton has planning permission for over 400,000 sq. ft. of warehouse space The development will bring a site back into commercial use that has been unoccupied for more than ten years Significant local demand for warehouse space – with potential to create more than 400 permanent jobs in an under-served region of […]
Read moreAn expanding healthy snack bar and flapjack maker in North Wales is set to create 60 jobs after being acquired by Bridges Ventures. Read the article
Read moreBridges Sustainable Property Fund (the “Fund”) announces the sale of 158/170 Edmund Street, Birmingham to F&C UK Property Fund for £11.65m, reflecting a yield of 5.75%. The 30,000 sq. ft. office building was sold to F&C REIT Asset Management, who acted on behalf of F&C UK Property Fund. The property was acquired in 2012 in […]
Read moreThe SIBs will provide up-front funding for interventions by three specialist homelessness charities These are three of the schemes being supported by the DCLG/ Cabinet Office’s Fair Chance Fund Bridges’ Social Sector Funds have now backed 10 UK SIBs Working with social investment intermediaries Social Finance & Numbers4Good, Bridges Ventures, a specialist fund manager dedicated […]
Read moreThe Financial Times talks about the emergence of Social Impact Bonds as a genuine investment opportunity, drawing some interesting parallels with the philanthropy of the early 20th century chocolate tycoons (and Willy Wonka). You can read the full article here. (£)
Read moreThe ‘Ways to Wellness’ programme will launch next week, providing up-front funding for innovative ‘social prescribing’ interventions by four specialist providers in Newcastle It is aiming to improve the health outcomes of over 11,000 people Bridges’ Social Sector Funds have now backed 13 UK SIBs Bridges Ventures (‘Bridges’), a specialist fund manager dedicated to sustainable […]
Read moreBridges Ventures announces the purchase of the first three investments by the Bridges Property Alternatives Fund, which completed a first closing in April 2014 with over £120 mln (approx. €150.7 mln) of equity commitments from both existing and new institutional and private investors. Read the article here.
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