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]
| Industry | Financial industry |
|---|---|
| Founded | 2002 |
| Founder | Michele Giddens, Philip Newborough and Sir Ronald Cohen |
| Headquarters | London, W1 United Kingdom |
| Website | bridgesventures |
History
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]