12th November 2015
Babington Group wins big at EducationInvestor Awards
We are delighted to report that Babington Group (a Bridges Sustainable Growth Fund II portfolio company) won the ‘Further or Vocational Education Provider of the Year’ category at the 2015 EducationInvestor Awards last night. Babington delivers high-quality training and apprenticeships that help people achieve their career goals across a number of sectors, including Accountancy, Business […]
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16th November 2015
IPE Real Estate Op-Ed: Sustainability: Green and gold
Simon Ringer, Partner and Head of the Bridges Property Funds, discusses how refurbishing SME office space to incorporate environmental features can be good for the planet, good for tenants – and good for investor returns. Read the full article here.
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16th October 2015
Great Expectations: A Wharton Social Impact Initiative report
The Wharton School of the University of Pennsylvania published a new report: “Great Expectations: Mission Preservation and Financial Performance in Impact Investments,” authored by the Wharton Social Impact Initiative. The study evaluates the financial performance of 53 impact investing private equity funds relative to public market indices such as the Russell 2000 and other benchmark […]
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8th October 2015
HCT wins EY Entrepreneur of the Year Awards 2015
We are delighted to announce that Hackney Community Transport (HCT), a Social Entrepreneurs Fund-backed business, has won the Social Enterprise Overall Winner at the EY Entrepreneur of the Year Awards 2015. CEO Dai Powell was also one of 15 business leaders to be honoured as a Social Entrepreneur UK Winner. Now in its 17th year […]
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9th June 2015
Bridges-backed offices win ‘property Oscar’
Bridges Ventures and joint venture partner Evenacre won a prestigious award for their redevelopment of the office building at 158/170 Edmund Street in Birmingham. The scheme was named ‘Best Refurbished/Recycled Workplace’ in the Midlands and East Anglia section of the British Council Offices’ annual awards, which are designed to recognise top-quality design, innovation and functionality […]
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9th June 2015
In the Press: Bridges establishes the Hub pharmacy
Bridges recently announced the creation of ‘the Hub pharmacy’, a new community pharmacy platform which will broaden access to much-needed pharmacy and healthcare services. The pharmacies, which will have a particular focus on preventative healthcare services, will help to free up NHS primary care resources, enhance patient adherence to drug regimens (reducing costly wastage), and […]
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26th June 2015
Final close of new Property Fund with £212m equity commitments
Property Alternatives Fund III closed ahead of target thanks to strong demand from U.S. and European investors Highlights the growing interest in sustainable and impact-driven property investment Bridges’ third property fund, and the largest vehicle the firm has raised for any strategy to date Bridges Ventures (‘Bridges’), the specialist sustainable and impact investor, today announces […]
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14th July 2015
Bridges-backed Career Connect delivers key SIB milestone
Since 2012, Career Connect’s SIB-funded programme has delivered thousands of improved outcomes for vulnerable young people, potentially saving the Government millions of pounds in future welfare payments Bridges, which invested in the SIB, has made a short film celebrating Career Connect’s story Career Connect and Teens & Toddlers (another Bridges-backed SIB) have both now repaid […]
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17th July 2015
Bridges receives top grade from UN PRI
The PRI’s annual assessment process plays an important role in promoting best practice and transparency around ESG issues. The UN-supported Principles of Responsible Investment were established in 2006, in order to help asset owners and managers encourage the integration of ESG issues into investment decision-making. There are now almost 1,400 signatories globally. An important part […]
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17th July 2015
Pioneers Post: Triple triumph: three UK SIBs return investor capital
Pioneers Post discusses the success of three early UK social impact bonds that have paid investors in full and ahead of schedule. Two of the three, Career Connect and Teens & Toddlers, were backed by Bridges – and earlier this year, the providers involved in both were recommissioned to deliver a second SIB-funded programme. Read the […]
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24th September 2015
Are B Corps a good investment? Bridges releases new paper as the movement hits the UK
B Corp is a global movement of companies looking to combine social and financial goals Today it launches officially in the UK, with an initial cohort of over 60 UK-based B Corps To coincide with the launch, Bridges Impact+ is publishing a new report entitled ‘To B Or Not To B’, which examines the arguments […]
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2nd October 2015
Bridges & Castleoak sell four more care homes for £40m
The homes, which are already let to Barchester Healthcare, provide quality accommodation for elderly, often high-acuity, patients They were developed with investment from Bridges Ventures’ Sustainable Property Fund and the CarePlaces Fund, a joint venture between Bridges and Castleoak Bridges has now successfully exited nine of its care home investments Property funds managed by Bridges […]
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