2019 saw the launch of our new affiliate, Bridges Israel.
Bridges Israel was launched last year as an independent affiliate of Bridges Fund Management. It has its own investment strategy and governance, but it shares the same underlying investment philosophy, and will draw on the impact methodologies and expertise developed by Bridges’ UK and US teams over the last 17 years. Sir Ronald Cohen, co-founder of Bridges and a leading figure in the growth of impact investing around the world, chairs its Advisory Board.
As an investor, Bridges Israel’s aim is to tackle the inequalities that are prevalent in the state of Israel. The country has the highest poverty rate in the OECD, and also a very high Gini coefficient, which measures the rate of income inequality. It does this via a two-pronged strategy: by investing in growth businesses that support underserved populations, and in impactful ‘tech for good’ companies with the potential to scale both in Israel and beyond.