Bridges Fund Management has acquired a majority stake in énergie Fitness (“énergie”), the leading UK low-cost gym franchise business with over 100 sites across the UK & Ireland, for an undisclosed sum. The investment from Bridges – a specialist in this sector – will help énergie to accelerate its growth plan and continue broadening access […]
Read moreBridges and HUB, a specialist residential developer, have agreed a £62m deal with leading housing association L&Q to develop 172 homes in Croydon, south London. The forward funding deal will see L&Q fund and take ownership of two blocks, comprising 84 and 88 units, which form part of Bridges’ wider Taberner House development. L&Q will […]
Read moreA new service offering therapy to families in need is to be launched by Norfolk County Council next week. Known as Stronger Families, the service will support about 400 children aged 8 to 15 to live safely at home with their families. The project is one of the first of its kind in the country. Cllr […]
Read moreWe are sorry to announce that Peter Englander is stepping down as its non-executive chairman, with immediate effect. Peter has unfortunately been diagnosed with a serious illness that will make it impossible for him to continue in the role. Peter began his career at Air Products and then the Boston Consulting Group, before joining Apax […]
Read moreSpecialist housing association Women’s Pioneer Housing (WPH) has selected Bridges Fund Management and HUB, a specialist housing developer, to redevelop a key site on Wood Lane, White City, in an innovative partnership that will deliver a substantial new residential building, as well as 80 new homes for WPH residents, more than doubling the number currently […]
Read moreBridges Fund Management has held a final close on Social Outcomes Fund II, its second fund dedicated to social outcomes contracts, with commitments of £35m. Social outcomes contracts are increasingly used by Government to commission vital social services from mission-driven providers. Instead of the traditional ‘fee for service’ approach, these contracts are structured so that […]
Read moreBridges Fund Management (“Bridges”) has raised £155m of capital to invest in impactful growth businesses and mission-led enterprises, following the close of its latest growth fund and a number of managed accounts. Over the last two years, Bridges has been re-shaping its investment platform in response to demand from impact-driven entrepreneurs seeking different kinds of […]
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 moreOur latest annual report looks at all the highlights from what was a momentous year for Bridges: our funds raised since inception passed the £1bn mark, following fund closes on three of our investment strategies. Click here to have a read. We’d love to know what you think!
Read moreResearch shows that people increasingly want to work for, buy from and invest in companies that have mission and impact at their heart of their business models. In her third Forbes blog, Michele Giddens talks about the rise of the B Corp movement – emblematic of this developing trend – arguing that this creates an […]
Read moreIn 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 moreThe next phase of the Impact Management Project (IMP), was launched today at the UN General Assembly in New York. The IMP was conceived to tackle one of the biggest challenges facing investors and businesses: how do we find a commonly-accepted way of defining, measuring and reporting on the impact that every investment has on […]
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