Blue Earth Capital holds first close of first evergreen, semi-liquid impact private credit strategy fund

Baar-Zug, Switzerland, December 03, 2024

Blue Earth Capital (“BlueEarth”), the specialist global impact investor, today announces the first closing of its first evergreen, semi-liquid impact private credit strategy fund (the “Fund”). This Fund, in line with BlueEarth’s wider ‘total impact’ approach, seeks to support environmental and social impact initiatives globally whilst aiming to deliver market-rate financial returns and provide LPs with increased liquidity and optionality. The Fund held its first close in October 2024 with commitments totaling $ 113 million stemming from a select group of anchor investors. Following the initial closing, the Fund will continue to pursue private credit investments across developed and emerging markets.

The Fund, developed as part of BlueEarth’s proven and successful private credit platform[1], provides investors with a global reach, a non-concessionary investment approach, and best-in-class impact practices. The Fund already features a diverse seed portfolio targeting essential environmental and social challenges globally, aligned with the UN Sustainable Development Goals (SDGs).

Through targeted investments, private impact credit enables the scaling of effective solutions, fosters economic development, and supports the transition to a more sustainable and inclusive global economy. The asset class has seen strong growth in recent years, driven by investors looking to combine meaningful impact with strong returns. Private credit impact investments can provide valuable portfolio diversification benefits, including low correlation to traditional assets such as bonds and equities and a focus on more resilient, defensive essential services.

The Fund was anchored by a select group of investors, including family offices and a large pension fund. These investors were drawn to BlueEarth’s rigorous impact investment process and established track record[1].

Amy Wang, Head of Private Credit, commented: “The launch of our new semi-liquid, open-ended impact private credit Fund represents a significant milestone for our firm, reflecting the continued growth and rapid maturity of impact as an investment approach. The Fund harnesses the full power of our global platform, offering investors exposure to both developed and emerging markets through a single, diversified, vehicle.”

Daniel Perroud, Head of Fundraising & Investor Relations, added: “We are thrilled with the strong resonance of this innovative Fund: an evergreen structure with a global approach that targets environmental and social impact. The flexibility offered by this platform underlines the appeal of impact investments and their potential to address some of the world’s biggest challenges. We are deeply grateful for the support of our partners whose anchor commitments are crucial for the Fund’s success.”

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About Blue Earth Capital
Blue Earth Capital is a global, independent, specialist impact investor, headquartered in Switzerland, with operations in New York, London, and Konstanz. Blue Earth Capital seeks to address the world’s most pressing social and environmental challenges by delivering measurable impact alongside aiming for attractive and market-rate financial returns. The company operates dedicated private equity, private credit, and fund solutions as well as separately managed accounts. Blue Earth Capital is owned by the Blue Earth Foundation, a Stiftung (charity/trust) registered in Switzerland that focuses on deep impact to support initiatives and business ventures to help deliver a more equitable and sustainable future.

Blue Earth Capital media contact:
Kekst CNC
Blueearthcapital@kekstcnc.com

[1] Past performance is not indicative of future performance.