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Bridges Ventures U.S. Sustainable Growth Fund
United States of America
Last updated 12 May 2020, by Impactyield.
Fund geography
Developed countries (203) / More developed regions (202) / More developed regions (North America, Asia & Oceania) (153) / United States of America (113)
Bridges Ventures U.S. Sustainable Growth Fund invests in businesses that tackle societal challenges and whose growth is supported by strong underlying trends in Health & Wellness, Education & Skills, and Sustainable Living in the U.S.
Asset class
Fund status
Fund style
Financial description
With proven expertise in the SME space, we believe SMEs are important engines of growth. These businesses often sit below the radar of mid-market investors and therefore face a limited supply of capital. We believe these drivers combine to create strong opportunities for investment and limited competition
We have developed a thematic focus on sectors where a pressing social or environmental need creates strong pockets of growth and the potential for robust returns and positive impacts.
We have attracted a high-caliber team who are motivated to use their operational and financial expertise to deliver superior returns for investors and society-at-large.
Demonstrated by our track record, our distinctive Responsible Investing approach of selecting businesses because of their potential impact and then engaging with them to drive both value and impact should prove attractive to private equity investors.
10 years
of track record
2014
the year funded
100,000,000 USD
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
Bridges Ventures
Headquarters location: United Kingdom
Other funds managed by this asset manager: Bridges Property Alternatives Fund IIIBridges Ventures Fund III LP
SDG goals
Key performance indicators
Fund overview
Asset manager: Bridges Ventures
Product track record: Fund has 10 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Open - post first close
Style/Stage: Early Stage, Growth Stage
Inception year: 2014
Vintage year: 2015
Target region: Developed countries, More developed regions, More developed regions (North America, Asia & Oceania), United States of America
Target close date: n.a.
Product term: n.a.
Assets under management: 100,000,000 USD (US Dollar)
Investment size: Min: 1; Max: 0; Avg: 5,000,000
Co-investment policy: Only with LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 1
Fund investments to date exited or repaid: 0
Management fee: 2.5%
Carried interest: 20%
Hurdle rate: 6%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: Banks, Insurance Companies, Foundations, Family Offices
Limited Partner / Investor Type: Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.bridgesventures.com/us/
Phone number: +1 (646) 731 - 2759
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Brian Trelstad
Partner
Impact Performance
n.a.
Impact thesis
Bridges Ventures was founded in 2002 with the vision that hands-on investment and entrepreneurial talent can be used to drive sustainable growth as well as address some of the fundamental challenges facing our society. In 2014, Bridges expanded its operations to the U.S.
Bridges Ventures' investment strategy is to focus on opportunities where investments can generate attractive financial returns by meeting pressing social or environmental challenges. We invest in three domains: health & wellness, education & skills, and sustainable living, with a focus on businesses that serve or are located in underserved markets.
Bridges is committed not only to promoting financial and social returns through its own investments but also to supporting the growth of the wider sustainable and impact investment sectors. It is in this spirit that we have established Bridges Impact+, an advisory function within Bridges.
Impact Management
n.a.
Financial benchmark
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