The Guardian: Do social impact bonds really work for charities?

23rd December 2015

In a piece for The Guardian, Tim Smedley explores how charities have found the experience of operating within a social impact bond structure. Kieran Gordon, chief executive of Career Connect, is among those to share his experiences of working on a SIB-funded programme – discussing the challenges of pricing outcomes, the added flexibility within service […]

In a piece for The Guardian, Tim Smedley explores how charities have found the experience of operating within a social impact bond structure.

Kieran Gordon, chief executive of Career Connect, is among those to share his experiences of working on a SIB-funded programme – discussing the challenges of pricing outcomes, the added flexibility within service delivery, and the value created for Government.

Bridges backed Career Connect’s first SIB-funded programme in 2012. We subsequently invested again when it became the first provider in the world to be recommissioned for a follow-on SIB-funded programme, in 2015.

Read the full Guardian article here.

 

Related News

View all
16th March 2026

Charlie Edwards joins Bridges as co-head of Inclusive Growth

We’re delighted to announce the appointment of Charlie Edwards as Partner and Co-head of Bridges’ Inclusive Growth strategy.

Read more
3rd March 2026

Introducing: Bridges Climate Transition Partners

We’re delighted to announce an important new expansion of Bridges private equity platform, with the addition of a specialist climate technology investment team from HSBC Asset Management (“HSBC AM”).

Read more
17th February 2026

Bridges-backed Alina Homecare appoints David Hill as Chair

We’re pleased to announce that Alina Homecare, one of the UK’s leading providers of high-quality home-based care for older people, has appointed David Hill as its new Non-Executive Chair.

Read more
6th November 2025

Home/ Planet

The UK’s Net Zero/ housing challenge, in 13 charts

Read more