Bridges Fund Management

The London-based investment company has closed its latest growth fund.

Bridges Fund Management – a pioneer of the strategy – held a second close on £50m for its debut permanent capital vehicle last week, PEI can exclusively reveal.

Viva operates 16 gyms across Spain and Bridges says it intends to grow this number over the next five years.

The UK-based fund has further pharmacy acquisitions lined up

CDC has also appointed Bridges Ventures’ Michele Giddens as a non-exec

Bridges has added an investment manager to its Sustainable Growth Funds team following the successful close of its third vehicle

The firm has sealed its fourth deal from the £125m Bridges Sustainable Growth Fund III.

Mark Blower, who left Gresham in December, has joined Bridges as a dealmaker.

The investment house, which is not a signatory to the UK’s Mansion House Accord, is focused on enabling its GPs to 'go wherever they see the best investment opportunities', according to its investment director.

A resurgence of demand for payment in kind financing at the portfolio company level could leave these firms more vulnerable to defaults. Plus: how Fidelity will deploy its LTAF. Here's today's brief, for our valued subscribers only.

The industry continues to explore ways to address the challenges that impact faces as it grows.

Impact investors’ focus on addressing long-term challenges makes securing impact continuity post-exit a priority – but not one that is easy to deliver.

Tell us which investors, dealmakers, fundraisers, lawyers and operators you think should be included on PEI’s Future 40 list this year.

21 Changemakers: from Evercore’s Nigel Dawn to Kathy Jeramaz-Larson, formerly of ILPA.

The media gathered in Westminster to watch MPs quiz senior buyout executives about the private equity industry’s tax and business practices.

As impact assets under management mushroom, impact managers are fine-tuning their strategies and working to differentiate themselves from the crowd.