16th January 2018
Five London boroughs join forces to help troubled families stay together
Positive 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 […]
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2nd February 2018
In the Press: Positive Families Partnership in The Guardian & City AM
Positive 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 […]
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30th June 2017
Bridges closes Property Alternatives Fund IV on £220m
This 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 […]
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15th June 2017
Bridges sells innovative green hotel Qbic to Cerberus Capital Management
Bridges 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 […]
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15th June 2017
In the press: Bridges sells Qbic hotel to Cerberus Capital Management
Bridges 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 […]
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16th June 2017
Bridges’ Antony Ross awarded OBE
Each 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: […]
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27th June 2017
Bridges and Magenta exit consumer champion Halo after strong growth
Halo 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’ […]
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1st July 2017
In the Press: Bridges holds £220m final close on fourth property fund
Bridges 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 […]
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8th September 2017
ImpactAlpha: How the right data can drive performance for people and the planet
As 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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19th September 2017
Bridges backs growth business Just Ask to drive better outcomes for housing association residents
Just Ask is a facilities management business that works exclusively with Housing Associations, employing nearly 450 people and serving over 50,000 homes It is currently growing at about 40% per annum and has a market-leading reputation for outstanding customer service, social value and community engagement Bridges has taken a majority stake, backing the existing management […]
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11th October 2017
Mayday Trust launches innovative outcomes-based homelessness programme in Northamptonshire
Mayday’s new programme ‘Be the Change!’ will initially support 100 young people in very challenging situations, identifying their strengths and helping them change their lives The programme has been commissioned by First for Wellbeing CIC, a pioneering partnership between the local authority, NHS trust and university, with support from the Big Lottery Fund It is […]
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19th October 2017
In the press: Five steps to a more inclusive and sustainable UK economy
The UK National Advisory Board on Impact Investing is a group of leading figures from business, Government and civil society with a clear mission: to build a more inclusive and sustainable economy in the U.K. It is chaired by Bridges’ co-founder Michele Giddens and supported by the Bridges Impact Foundation. Its new report: ‘The Rise of […]
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