Bridges Fund Management
Social Outcomes Fund II
https://www.bridgesfundmanagement.com/outcomes-contracts/
Sector
Community Development
Type
Private Equity Fund
Geography
UK
Amount
$1,310,000
Year
2019
Bridges Social Outcomes Fund II invests in a number of SPVs, which enter into performance based service contracts (or outcomes contracts) with UK government procurement departments. The SPVs contract delivery partners to deliver the services, which are often social enterprises or charities. The fund is focsued on areas where outcomes contracts have seen success in delivering value for the public sector, including children’s services, homelessness support, health & wellbeing and educational support. Bridges Fund Management is a pioneer in developing impact-driven investment funds, launching multiple products to channel private capital towards impactful SMEs, property and social sector organisations.