Property Week: Bridges Ventures latest property fund makes first investments
Bridges Property Alternatives Fund has bought its first three investments worth around £30m in separate partnerships with Hub and Evanacre. Read the article here.
Read moreBridges has a new home
We are delighted to announce that Bridges Ventures has moved to a new office to accommodate our expanding team. Our new home at 38 Seymour Street is a natural choice. The site was once home to Charles Booth (1840-1916), a great British businessman, philanthropist and sociologist, famous for his research into working class life in London. […]
Read moreCoStar: LGP buys care homes portfolio
Legal & General Property (LGP), on behalf of its Legal & General UK Property Fund, has bought a portfolio of three care homes from the Careplaces Fund, the specialist healthcare property fund managed by Bridges Ventures in partnership with care home developer Castleoak for £25.2m. Read the article
Read moreReal Deals: Bridges Ventures lends hand to Birmingham fostering scheme
Birmingham City Council has launched a new child fostering placement scheme that is being run by Core Assets Group with funding from Bridges Ventures. Read the article
Read moreL&G’s PAIF acquires three care homes from Bridges Ventures
Legal & General Property (LGP), on behalf of its Legal & General UK Property Fund, announces that it has successfully acquired a portfolio of three care homes from the CarePlaces Fund, the specialist healthcare property fund managed by Bridges Ventures in partnership with care home developer Castleoak. Purchased for a total consideration of £25.2 million, […]
Read moreBridges Ventures backs foster placement service commissioned by Birmingham City Council
A pioneering new foster placement scheme has been launched in Birmingham, supported by a Social Impact Bond (SIB). Following a competitive tender process, Birmingham City Council selected Outcomes for Children, a social enterprise within Core Assets Group, to deliver the service, with funding from Bridges Ventures’ Social Sector Funds. Nationally, too many young people grow […]
Read moreThe Social Business Frontier: How to recognise and protect social impact
In the UK, a ‘social business frontier’ is emerging between pure social and pure business, containing organisations that combine and align both financial and social goals. In this report, Bridges Impact+ provides a framework to understand which businesses are delivering social impact, whether they are protecting that impact and how well that impact is protected. […]
Read moreFinancial Advisor: Which impact investment funds do it all?
After two years of research the authors of a new book say they’ve identified a dozen funds that stand out in terms of both their impact on society and their financial performance. Read the article
Read morePioneers Post: Obsessing over government savings unhealthy for SIBs progress
Pioneers Post covers the new report launched by Bridges Ventures and Bank of America Merrill Lynch, ‘Choosing social impact bonds: a practitioner’s guide’, and discusses some of its findings. Read the full Pioneers Post article here.
Read moreCharity Times: SIB service providers should seek untapped sources of capital to grow
Bank of America Merrill Lynch and Bridges Ventures have published a report reviewing global activity around SIBs. It argues that the sources of revenue and capital on offer via SIBs should be from previously untapped sources, if service providers are to grow their services. Read the article
Read moreNew report reveals practical recommendations for social impact bonds as investor interest grows
Bank of America Merrill Lynch and Bridges Ventures issue Choosing social impact bonds: A practitioner’s guide With 26 social impact bonds (SIBs) currently in operation and dozens more in development globally, the sector is attracting increasing interest from investors seeking to align their values with their investments. In light of this significant global momentum, a new report […]
Read more£2m Play Factore to create 60 jobs at Chill Factore site
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