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 […]
Read moreOur Spanish portfolio company Viva Gym and Portugal’s Fitness Hut, two of Europe’s leading low-cost gym groups, are joining forces Together they will constitute the largest low-cost gym group in Iberia, with almost 200,000 members and revenues of more than €50m The combined group will focus on driving better access to affordable health and fitness, […]
Read moreOur 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.
Read morePositive Families Partnership is a new initiative designed to help deal with the pressing social challenge of keeping vulnerable families together, by preventing young people from being taken into care Over 350 at-risk families will be given access to therapeutic interventions with an established track record The programme has been jointly commissioned by five London […]
Read morePositive Families Partnership is a new initiative designed to help keep hundreds of vulnerable families across London together, by preventing young people from being taken into care. Jointly commissioned by five London boroughs — Sutton, Tower Hamlets, Bexley, Merton and Newham — it has been structured as an outcomes contract funded by a social impact bond — so the provider is […]
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 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 moreHalo is an innovative, high-growth digital insurance business that helps consumers get better deals on their car hire insurance and GAP insurance It was launched in 2009 as a collaboration between Bridges Fund Management, Magenta Partners and Ernesto Suarez It has been acquired by Cover-More, a leading global insurance group Halo, the innovative ‘consumer champion’ […]
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 moreAs part of their Operation Impact series, ImpactAlpha has published a piece by the Impact Management Project on what useful impact data looks like. This is based on recent consensus between hundreds of global practitioners around five dimensions that help us understand the material effects (positive and negative) we have on people and planet. Read […]
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