Bridges Fund Management

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Bridges Fund Management
IndustryFinancial industry
Founded2002
FounderMichele Giddens, Philip Newborough and Sir Ronald Cohen
HeadquartersLondon, W1
United Kingdom
Websitebridgesventures.com

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] and skills,[4] sustainable living and under-served markets.[5][6][7]

History

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Bridges was founded in 2002 by Michele Giddens,[8] Philip Newborough and Sir Ronald Cohen.[9][10]

Bridges was founded following the recommendations of the Social Investment Task Force,[11] which was established by the 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] The programme takes place annually and has historically included US graduate schools.[15] Social enterprises represented by the winning team are ultimately awarded a seed investment.[16][17][18][19][20]

Bridges won FT/IFC Sustainable Finance Award 2012 awarded by the Financial Times.[21]

References

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