Baar-Zug, Switzerland, April 5th, 2022
- The program will follow Blue Earth Capital’s (“BlueEarth”) impact investing strategy, with a focus on improving lives of underserved people in emerging and developed markets
- The program invests in growth companies in targeted impact themes such as Basic Needs, Inclusive Growth & Climate Change
- The program received broad institutional support on the back of an increasing demand for competitive financial returns alongside positive social and environmental impact
BlueEarth, a leading private market impact asset manager, has received total client commitments of USD 360 million. The program is anchored by BlueEarth’s second global impact fund, which raised USD 150 million, and includes an additional USD 210 million committed via bespoke client solutions that will invest alongside the fund.
As with the first global impact fund, the program follows a global, integrated, relative value approach to impact investing with the goal to improve the lives of people who are underserved while generating attractive financial returns. The program has a focus on emerging markets and invests across the main social impact sectors (financial inclusion, affordable housing, energy access, food/agriculture, healthcare, education and job creation opportunities) in alignment with the UN Sustainable Development Goals and across the entire capital structure (equity and debt) through direct investments and selected fund partnerships.
The closing follows an intense period of investment activity and the program is already committed to 19 investments including eleven direct debt, two direct equity and six fund investments across a diverse range of sectors and geographies. Examples include Asian Institute of Gastroenterology, India’s foremost gastroenterology hospital, which offers comprehensive inpatient and outpatient care in gastric and associated diseases; ProCredito, a financial institution that provides loans and leases to Mexican small and medium-sized enterprises, including transport and agricultural entrepreneurs; 80 Acres, a vertical farming company headquartered in the US that primarily produces leafy greens using proprietary technology, and Quona III, a fund that invests in rapidly scaling ventures that employ technology-enabled business models to expand financial inclusion in emerging markets.
Stephen Marquardt, CEO of Blue Earth Capital, stated: “With our first global impact investment strategy, we were already able to improve the lives of more than four million underserved individuals in the developing world. The success of the close of the second global impact program will help us to reach many more. Together with our investors, business partners, investees, and supporters, we will continue to produce a lasting positive impact on the lives of underserved people.”
Sandra Pajarola, Chairperson of the Integrated Investment Committee of Blue Earth Capital, added: “The global impact strategy is making a significant contribution to improving the wellbeing of poor and vulnerable households, individuals and small and medium-sized enterprises. We are proud to be managing this strategy and we thank our investors for their trust and support. We hope that with our institutional approach to impact investing, we can be a catalyst for unlocking additional private and institutional capital and partner together to make purposeful investments that can contribute to affecting real change across the globe”.
About Blue Earth Capital AG
Blue Earth Capital AG is an independent global impact investment firm, headquartered in Baar, Switzerland with operations in New York, London and Singapore. It manages investment strategies for professional investors who are seeking investment solutions that offer market-rate returns, while also helping to address pressing social or environmental challenges. Initiated in 2015 by Urs Wietlisbach and backed by the Ursimone Wietlisbach Foundation, Blue Earth Capital AG has been incubated and built-up with the support of Partners Group, leveraging its experience as a leading global private markets firm. www.blueearth.capital.
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