Blue Earth Capital Announces First Closing of Impact Credit Fund
Funding | Dec 03, 2024 | Blue Earth Capital AG
Blue Earth Capital, a specialized global impact investor, has announced the first closing of its initial semi-liquid private credit impact evergreen fund, raising $113 million in commitments from a select group of anchor investors. The fund aims to back impactful ecological and social initiatives while providing market-based financial returns and enhanced liquidity to investors. This initiative builds on Blue Earth’s established and successful private credit platform and offers a global investment approach aligned with UN Sustainable Development Goals (SDGs). The target is to spur economic development by scaling effective solutions and transitioning towards a sustainable global economy. The fund also seeks to diversify portfolios by offering low correlation with traditional assets. Key supporters include family offices and a large pension fund. The fund's launch marks a significant milestone for Blue Earth Capital, demonstrating the ongoing growth and evolution of impact investment as a strategy.
Sectors
- Impact Investment
- Private Credit
- Financial Services
Geography
- Switzerland – Blue Earth Capital is headquartered here, making this a significant geographical classification for the article.
- Global – The fund is designed to invest on a global scale, addressing worldwide ecological and social challenges, which makes the global geographical classification relevant.
Industry
- Impact Investment – This industry involves investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return. The article describes Blue Earth Capital’s focus on impact investing through their credit fund.
- Private Credit – Private credit refers to investments in loans or debt instruments issued by private companies, not available in public markets. Blue Earth Capital's fund is a private credit fund targeting impactful investments.
- Financial Services – This sector encompasses businesses managing money, including credit unions, banks, credit-card companies, insurance companies, and investment funds, relevant here as the article discusses Blue Earth Capital's new investment fund.
Financials
- 113,000,000 – The amount raised in commitments during the first closing of Blue Earth Capital's semi-liquid private credit impact evergreen fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Blue Earth Capital AG | PE Firm | Company | A global and independent impact-investor focused on achieving substantial ecological and social impacts while offering sustainable financial returns. |
| Amy Wang | Head of Private Credit | Person | An executive at Blue Earth Capital who played a key role in the introduction of the new credit fund. |
| Daniel Perroud | Head of Fundraising & Investor Relations | Person | Responsible for managing investor relations and raising funds for Blue Earth Capital’s new initiative. |
| Blue Earth Foundation | Supporting Organization | Charity | The foundation that owns Blue Earth Capital, focused on promoting impactful initiatives for a just and sustainable future. |