Regional venture capital firm Bridges Ventures has hired Clara Barby as head of impact, a newly-created role that will see her working closely with the investment teams of each of Bridges’ funds.
Barby will lead the impact strategy throughout the London-based firm’s three-stage ‘SET’ process for making and measuring social and environmental impact. This involves deal hunting, engaging with portfolio companies, and tracking and reporting results to investors.
Barby joins Bridges from INSEAD, where she recently received an MBA. At INSEAD, she also served as president of INDEVOR, the school’s business in society initiative.
Prior to this she was head of corporate strategy at AyurVAID Hospitals in India, where she worked closely with the CEO to manage the performance of seven hospitals and led the design and launch of an integrative primary health centre for chronic disease management.
Barby joined AyurVAID from Acumen Fund, the global venture capital fund which invests in companies serving low-income consumers, where she worked on the Capital Markets team in New York and later co-led the India Energy portfolio, making and managing investments in cleantech companies.
Michele Giddens, a co-founder and partner at Bridges Ventures, said, “Clara’s appointment reaffirms Bridges’ commitment to ensuring the social and environmental achievements of our investments are measured, monitored, quantified and tracked with the same rigour and oversight as our financial returns. She is an excellent addition to our growing team.”
Fund III will continue the firm’s focus on the provision of growth capital to SMEs in sectors where underlying social or environmental need creates the opportunity for both commercial returns and positive impacts, the firm said in a statement.
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