Doughty Hanson has been a longstanding supporter of Bridges Ventures, a privately-owned venture capital company which funds businesses that generate strong social or environmental returns. The company raises money from the private sector to invest in deprived geographical areas, delivering financial returns for its investors in the process.
Bridges was founded in 2002 with support from three private equity firms, including Doughty Hanson. The organisation has two venture funds which invest in ambitious businesses in the most deprived parts of England. The funds aim to encourage entrepreneurship, create jobs and deliver strong environmental or social benefits. Doughty Hanson is an investor in both funds and a member of the Doughty Hanson team sits on their investment committees.
Bridges also runs the Bridges Social Entrepreneurs Fund, a fund targeting fast-growing social enterprises looking to scale up, and the Bridges Sustainable Property Fund, which invests in properties in regeneration areas and environmentally sustainable buildings.
More information on Bridges Ventures can be found at www.bridgesventures.com.