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Bridges Ventures’ largest growth fund yet will invest in U.K. health, education and energy companies

Bridges Ventures, the London private equity firm, plans to raise £150 million ($187 million) for its fourth “sustainable growth fund,” according to Financial News.

Bridges will invest between £2 million and £20 million in small and medium-sized businesses.

Since 2002, Bridges, which also manages real estate and other social impact funds, including the Bridges U.S. Sustainable Growth Fund, has raised £800 million ($1 billion).

Last month, Bridges launched the $25 million UrbanView fund, which includes an investment in a mixed-income residential building in Atlanta.

Photo credit: Next Tech Girls

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