In her fourth Forbes blog post, Michele Giddens argues that one of the biggest barriers to the growth of impact investing is the lack of consensus about what ‘impact’ actually means. So it’s significant that over the last two years, the Impact Management Project (IMP) has managed to bring together around 2,000 organisations from around […]
Read moreBridges Fund Management (“Bridges”), the specialist sustainable and impact investor, has acquired a majority stake in Medwood Holdings, LLC (“Medwood”), via the Bridges U.S. Sustainable Growth Fund, LP. The existing management team is also re-investing in the business as part of the recapitalization. Medwood, through its operating subsidiaries, provides administrative and management support services to […]
Read moreWe are delighted to have been included in this year’s ImpactAssets 50. The IA50 is an annual list of the world’s 50 leading impact investment fund managers, selected for their excellence in demonstrating positive social, environmental and financial impact. Six of this year’s IA50 (including Bridges) have now raised over $1bn since inception. See the […]
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 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 […]
Read moreGlobal management consultancy firm McKinsey & Co have published a research piece discussing how the impact investment industry can increase its influence. To mature and develop, McKinsey argues that the sector needs to focus on the following four areas: professionalising the practice of impact investing, clarifying impact-measurement standards, supporting social enterprises and impact-oriented businesses, and […]
Read more2016 has been another productive year for Bridges, with four new investments, five completed exits and another pioneering addition to our platform – Bridges Evergreen Holdings, a permanent capital vehicle for mission-led businesses (taking our total funds raised since inception beyond $1 billion). More broadly, this year’s political turbulence has underlined quite how urgently we […]
Read moreThe winners of this year’s MBA Impact Investing Network & Training (MIINT) competition were announced at an event attended by over 60 students from seven top U.S. business schools, held at the Wharton School of the University of Pennsylvania on March 22. The MIINT program is an initiative of Bridges IMPACT+, the advisory arm of […]
Read moreMIINT engages a network of student-led MBA teams at prominent business schools across the country in a social impact investing competition. The Wharton School of the University of Pennsylvania and Bridges IMPACT +, the advisory arm of specialist fund manager Bridges Ventures, will soon host the third annual MIINT competition for student-led impact investing teams. […]
Read moreReal Deals has named Michele Giddens, Bridges partner and co-founder, as one of the top 20 most influential people in the global private equity industry. The publication points out that when Bridges was launched in 2002, the idea of a private equity firm trying to “deliver a profit at the same time as making a […]
Read moreMichele Giddens, Bridges’ partner and co-founder, was profiled in The Financial Times recently, talking about the role that impact investment and profit-with-purpose businesses can play in tackling some of the UK’s pressing social challenges. In the article, Michele talks about Bridges’ growth from its first fund in 2002 to today’s multi-fund platform. She also calls […]
Read moreMore than Measurement is a new report by Bridges Impact+ and Skopos Impact Fund. It describes our development of an ‘impact management’ approach – which we define as the management of assets in order to meet explicit impact goals (alongside financial goals). This paper has catalysed a global effort to develop a shared convention for describing […]
Read more