Ethical Housing Company secures new funding round led by Teesside Pension Fund, joined by Joseph Rowntree Foundation

• Bridges Fund Management-backed Ethical Housing Company completed a new private capital raise to expand its affordable private rental housing platform in Teesside.
• Teesside Pension Fund led the round as an existing investor; Joseph Rowntree Foundation joined as a new investor.
• Proceeds target scaling support to more than 1,000 people by adding homes let at below-market rents with a tenancy-sustaining support program.
• The transaction delivered an exit for Bridges Inclusive Growth Fund, which incubated the business in 2016 and supported it since launch in 2017.
• Bridges will continue to manage the housing portfolio for Teesside Pension Fund and Joseph Rowntree Foundation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bridges Fund Management Ltd published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.