British fund manager firm
Bridges Fund Management Ltd. (or Bridges ) (Previously Bridges Ventures) is a fund manager that specialises in sustainable and impact investing . It invests in business, properties and social sector organisations, with a focus on four impact themes: health and wellbeing,[ 1] [ 2] education [ 3] [ 4] sustainable living and under-served markets.[ 5] [ 6] [ 7]
History
Bridges was founded in 2002 by Michele Giddens ,[ 8] Sir Ronald Cohen .[ 9] [ 10]
Bridges was founded following the recommendations of the Social Investment Task Force,[ 11] UK government in 2000.[ 12]
Bridges has an advisory arm, Bridges Impact+. It has a dual function: to maximise the social and environmental impact of Bridges’ own investments, and to work with external clients on projects that help to develop the sustainable and impact investing market as a whole.[ 13]
Bridges Impact+ also runs an educational programme in partnership with the Wharton School of Business ’s Social Impact Initiative called MBA Impact Investing Networking & Training (MIINT).[ 14] [ 15] [ 16] [ 17] [ 18] [ 19] [ 20]
Bridges won FT/IFC Sustainable Finance Award 2012 awarded by the Financial Times [ 21]
References
^ "Bridges Ventures invests £11m in Spanish low-cost chain Viva Gym" . AltAssets . Retrieved 27 June 2016 .^ Bollen, Jennifer (2 June 2015). "Bridges Ventures eyes pharmacy expansion" . Financial News . Retrieved 20 May 2016 . ^ "Bridges Ventures sells Babington for £22m" . AltAssets . Retrieved 27 June 2016 .^ Palmer, Kate (17 April 2016). "Bridges Ventures sells online training college for £22m" . The Daily Telegraph . Retrieved 20 May 2016 . ^ Hill, Nick. "£6.6m sale completed for Airedale House in Leeds city centre" . Bdaily News . Retrieved 20 May 2016 . ^ Phan, Phillip H.; Bacq, Sophie; Nordqvist, Mattias (28 Feb 2014). Theory and Empirical Research in Social Entrepreneurship 212– 214. ISBN 978-1782546832 ^ Vandekerckhove, Wim; Leys, Jos (31 Jan 2012). Responsible Investment in Times of Turmoil 119– 120. ISBN 978-9400740709 ^ Mathiason, Nick (14 November 2009). "Venturing into new territory - capitalism with a conscience" . The Guardian . Retrieved 20 May 2016 . ^ "The Future of Investment: Impact Investing" (PDF) . UKSIF. Retrieved 18 November 2015 .^ Levitt, Tom (28 Sep 2012). Partners for Good: Business, Government and the Third Sector 29– 30. ISBN 9781409459422 ^ Quinn, James. "Pret man passionate about food - and hotels" . The Daily Telegraph . Retrieved 3 November 2015 . ^ Balch, Oliver (16 September 2014). "New UK study looks to turbo-charge social impact investment" . The Guardian ^ Henley, Will (8 January 2013). "Private equity firms increasingly investing in social impact" . The Guardian . Retrieved 20 May 2016 . ^ "LBS MBA team wins £17,435 in Impact Investing Competition" . London Business School . Retrieved 20 May 2016 .^ Macfarlane, Alec (26 January 2015). "Bridges Ventures moves into US" . Financial News . Retrieved 27 June 2016 . ^ Wharton Social Impact Initiative (3 April 2015). "MIINT Competition Brings 10 Business Schools to Compete for $50,000 Opportunity" . Wharton School of the University of Pennsylvania . Retrieved 18 November 2015 . ^ Davidson, Alex (November 3, 2014). "How Startups Can Win Cash on Campus" . The Wall Street Journal . Retrieved 7 January 2016 . ^ "MBAs will turn brownfields into green—if investors help them out" . Quartz . Retrieved 20 May 2016 .^ Pritchard, Becky (13 March 2014). "Bridges ventures into the community" . Financial News . Retrieved 20 May 2016 . ^ Chassany, Anne-Sylvaine (6 October 2013). "Bridges Ventures crosses funding hurdle" . Financial Times . Retrieved 27 June 2016 . ^ "Bridges Ventures wins Award for Excellence at the 2012 FT/IFC Sustainable Finance Awards" . Financial Times the original on 27 April 2016. Retrieved 20 May 2016 .
