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Bridges Fund Management

Europe, England, United Kingdom, London

Description

Bridges Fund Management is a leading specialist fund manager in the sustainable and impact investment space, established in 2002. Headquartered in London, UK, the firm is dedicated to demonstrating that financial returns and positive social and environmental impact are not mutually exclusive but can be achieved in tandem. Bridges focuses on investing in businesses and organizations that address pressing societal and environmental challenges, aiming to generate measurable impact alongside competitive financial performance. Their approach is rooted in a deep understanding of the sectors they operate in, fostering growth in companies that contribute to a more sustainable and equitable future.

The firm employs a multi-fund strategy, encompassing sustainable growth equity, social outcomes contracts, and property funds. Within their growth equity strategy, Bridges targets established businesses with strong growth potential across four key impact themes: Health & Wellbeing, Education & Skills, Sustainable Living, and Circular Economy. They typically seek to take significant minority or majority stakes, providing capital and strategic support to help these companies scale their operations and amplify their positive impact. For instance, their Sustainable Growth Funds often make initial equity investments ranging from approximately £5 million to £30 million, targeting businesses with enterprise values from £10 million to £100 million.

Bridges Fund Management is recognized for its rigorous approach to impact measurement, integrating impact considerations throughout the entire investment lifecycle, from due diligence to exit. As of late 2023, the firm managed approximately £1.4 billion in assets, underscoring its significant presence and influence in the global impact investing landscape. Their long-term vision is to mainstream impact investing, proving its viability and attractiveness to a broader investor base, and thereby channeling more capital towards solutions that benefit people and the planet. This commitment to both financial and social returns positions Bridges as a pivotal player in driving the evolution of responsible capitalism.

Investor Profile

Bridges Fund Management has backed more than 64 startups, with 0 new investments in the last 12 months alone. The firm has led 16 rounds, about 25% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Seed rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Australia.
  • Strong thematic focus on Health Care, Communities, Real Estate.
  • Typical check size: $6.3M – $37.8M.

Stage Focus

  • Private Equity (63%)
  • Series Unknown (28%)
  • Seed (5%)
  • Series A (3%)
  • Undisclosed (2%)

Country Focus

  • United Kingdom (88%)
  • United States (9%)
  • Australia (2%)

Industry Focus

  • Health Care
  • Communities
  • Real Estate
  • Non Profit
  • Education
  • Charity
  • Consulting
  • Service Industry
  • Training
  • Retail
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Bridges Fund Management frequently co-invest with?

Co-Investments: 1
MSCI
North America, New York, United States, New York
Co-Investments: 1
Juno Capital Partners
Europe, England, United Kingdom, London
Co-Investments: 1
Okapi Venture Capital
North America, California, United States, Laguna Beach
Co-Investments: 1
Farview Equity Partners
Europe, England, United Kingdom, London
Co-Investments: 1
Magenta Partners
Europe, England, United Kingdom, London
Co-Investments: 1
Launchpad LA
North America, California, United States, Santa Monica
Co-Investments: 1
McKesson Ventures
North America, California, United States, San Francisco
Co-Investments: 1
Impact Ventures UK
Europe, England, United Kingdom, London
Co-Investments: 2
True Ventures
North America, California, United States, Palo Alto
Co-Investments: 1

Which angels does Bridges Fund Management often collaborate with?

KD
Europe, Surrey, United Kingdom, Guildford
Shared Deals: 1

What are some of recent deals done by Bridges Fund Management?

EVORA Global

London, England, United Kingdom

EVORA is a sustainability consultancy and software provider with specialist expertise in the commercial real estate sector.

ConsultingReal EstateSoftware
Series UnknownOct 10, 2022
Innovate Services

West Byfleet, Surrey, United Kingdom

Innovate Food Services offers a complete service catering for primary & secondary schools with and without kitchen facilities.

CateringCharter SchoolsFood and Beverage
Series UnknownFeb 21, 2018
Amount Raised: $11,824,853
The Ethical Housing Company

Redcar, Redcar and Cleveland, United Kingdom

The Ethical Housing Company are a new kind of lettings & management agency for landlords and tenants.

Real Estate
Private EquityJan 1, 2018
Shaw healthcare

Cardiff, Cardiff, United Kingdom

Shaw healthcare is the health and social care providers.

Health Care
Private EquityNov 17, 2017
Amount Raised: $13,217,024
Unforgettable.org

London, England, United Kingdom

Unforgettable.org is a marketplace for dementia products and services, helping those with dementia do the things that we take for granted.

Information ServicesMarketplaceMobile Apps
Series UnknownMay 2, 2017
Amount Raised: $2,911,732
Vegetarian Express

Watford, Hertford, United Kingdom

Vegetarian Express is the UK’s distributor of vegetarian and vegan products within the foodservice sector.

Food and BeverageFood Delivery
Private EquityOct 5, 2016
Amount Raised: $7,142,374
Unforgettable.org

London, England, United Kingdom

Unforgettable.org is a marketplace for dementia products and services, helping those with dementia do the things that we take for granted.

Information ServicesMarketplaceMobile Apps
Series UnknownJul 17, 2015
Amount Raised: $2,340,601
The Hub pharmacy

Skelmersdale, Lancashire, United Kingdom

The Hub pharmacy is a community that provide personalised, pharmaceutical care to the people.

Health CareMedicalPharmaceutical
Series UnknownJun 1, 2015
Springboard After School

Lexington, Massachusetts, United States

Springboard is providing high quality, well rounded and engaging extended-day programming that supports the academic - social development.

EducationOnline PortalsTraining
Series UnknownMay 6, 2015
Pantheon Park

Wolverhampton, Wolverhampton, United Kingdom

Pantheon Park Wolverhampton is prime industrial and logistical location.

IndustrialLocation Based ServicesLogisticsService Industry
Series UnknownApr 1, 2015