Specialist global impact investor Blue Earth Capital has announced the first close of its first evergreen, semi-liquid impact private credit strategy fund, which looks to support environmental and social impact initiatives. The fund has drawn in US$113 million from anchor investors, which includes family offices and a large pension fund, and will continue to pursue private credit investments across developed and emerging markets following the initial closing. BlueEarth has US$1.21 billion in AUM and has closed 79 impact investments since it was established in 2015. Developed as part of BlueEarth’s private credit platform, the fund features a seed portfolio targeting essential environmental and social challenges globally, aligned with the UN Sustainable Development Goals (SDGs). Through targeted investments, private impact credit can scale effective solutions, foster economic development, and support the transition to a more sustainable and inclusive global economy, the firm said, noting strong growth in recent years. “We are thrilled with the strong resonance of this innovative fund: an evergreen structure with a global approach that targets environmental and social impact,” said Daniel Perroud, Head of Fundraising and Investor Relations at BlueEarth. “The flexibility offered by this platform underlines the appeal of impact investments and their potential to address some of the world’s biggest challenges.”
