Bridging Finance Inc. (“Bridging”) is pleased to announce a successful start to the 2019 fiscal year, having provided over $220MM in new commitments across Canada.
In addition to these commitments, Bridging has recently expanded its offering with the launch of two additional products:
The Bridging Indigenous Impact Fund, which launched April 2, 2019, is a socially responsible fund providing support for the economic development of Indigenous communities and projects. The fund’s main investment objective is to provide capital to support Indigenous initiatives including Indigenous enterprises, infrastructure projects, and to communities directly, in order to maintain, create and enhance a thriving and sustainable economy for Indigenous peoples and communities.
Additionally, the Bridging Fern Alternative Credit Fund, which launched June 1, 2019, is a ‘fund of funds’ and intends to invest in a portfolio consisting of securities of specially selected other investment funds and alternative investment vehicles that employ alternative credit investment strategies.
The addition of these products will complement Bridging’s existing offering and will support the growth of Bridging as a preeminent private debt lender. A sample of deals completed in 2019 can be accessed below.