Daily Post: Wholebake investment in Corwen and Wrexham set to create additional 60 jobs
An expanding healthy snack bar and flapjack maker in North Wales is set to create 60 jobs after being acquired by Bridges Ventures. Read the article
Read moreBridges Sells Birmingham Office Building to F&C UK Property Fund for £11.65m
Bridges Sustainable Property Fund (the “Fund”) announces the sale of 158/170 Edmund Street, Birmingham to F&C UK Property Fund for £11.65m, reflecting a yield of 5.75%. The 30,000 sq. ft. office building was sold to F&C REIT Asset Management, who acted on behalf of F&C UK Property Fund. The property was acquired in 2012 in […]
Read moreBridges Ventures to back three pioneering Social Impact Bonds, designed to help over 700 young people escape homelessness
The SIBs will provide up-front funding for interventions by three specialist homelessness charities These are three of the schemes being supported by the DCLG/ Cabinet Office’s Fair Chance Fund Bridges’ Social Sector Funds have now backed 10 UK SIBs Working with social investment intermediaries Social Finance & Numbers4Good, Bridges Ventures, a specialist fund manager dedicated […]
Read moreFT: Social Impact Bonds have a familiar chocolatey investment flavour
The Financial Times talks about the emergence of Social Impact Bonds as a genuine investment opportunity, drawing some interesting parallels with the philanthropy of the early 20th century chocolate tycoons (and Willy Wonka). You can read the full article here. (£)
Read moreBridges commits £1.65m to first active social impact bond in the UK healthcare sector
The ‘Ways to Wellness’ programme will launch next week, providing up-front funding for innovative ‘social prescribing’ interventions by four specialist providers in Newcastle It is aiming to improve the health outcomes of over 11,000 people Bridges’ Social Sector Funds have now backed 13 UK SIBs Bridges Ventures (‘Bridges’), a specialist fund manager dedicated to sustainable […]
Read moreEurope Real Estate: Bridges Property Alternatives Fund invests into three transactions for €37.7 m
Bridges Ventures announces the purchase of the first three investments by the Bridges Property Alternatives Fund, which completed a first closing in April 2014 with over £120 mln (approx. €150.7 mln) of equity commitments from both existing and new institutional and private investors. Read the article here.
Read moreInstitutional Asset Manager: Bridges holds final close of Bridges Social Impact Bond Fund
Bridges Ventures, the specialist fund manager dedicated to sustainable and impact investment, has held the final close of the Bridges Social Impact Bond Fund at £25 million Read the article
Read moreCharity Times: Unique social impact bond fund reached successful £25m close
Bridges Ventures has announced the final close of the £25m social impact bond fund, aimed at providing investment and support for social care programmes across education, employment, housing, and care for vulnerable young people. Read the article
Read moreunquote: Bridges buys Wholebake
Bridges Ventures has acquired a controlling stake in healthy snacks manufacturer Wholebake, providing a full exit for previous backer Finance Wales. Bridges invested via its Sustainable Growth Fund III, which closed on £125m in December 2013, beating its target of £100m. Read the article
Read moreBridges Impact Report 2014: Learning from a Multi-Fund Approach
Bridges’ latest annual Impact Report looks to quantify some of the societal impact achieved across our funds in the last year. For instance, in the last year, Bridges portfolio investments have: Helped learners gain over 4,000 qualifications Moved over 1,000 previously unemployed people into jobs Provided at-home care to over 1,200 individuals Avoided more than 85,000 tonnes […]
Read moreEstates Gazette Op-Ed: Impact Investing Can Accentuate the Positive
Simon Ringer, head of the Bridges property funds, writes an opinion piece for Estates Gazette on the growing interest within the property world in investing for social and environmental impact. The article includes case studies from the Bridges portfolio, illustrating how an impact-led approach can generate both positive societal benefits and attractive financial returns. Read […]
Read moreBridges backs world’s first two ‘follow-on’ SIBs as concept proves its worth
Bridges is backing two new Social Impact Bonds to be delivered by Career Connect and Teens & Toddlers as part of Government’s new Youth Engagement Fund Both providers have already delivered successful SIBs that have resulted in better social outcomes for the Government and will repay investors in full Bridges has now invested in 13 UK-commissioned SIBs […]
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