Blue Earth Capital (BlueEarth), a specialist global impact investor, has closed its dedicated credit impact fund, BlueEarth Credit Strategies II, above target with $108.5m of capital commitments, bringing the firm’s total AUM to over $1bn.
BlueEarth’s investment strategies span private credit, private equity and funds and co-investments.
BlueEarth Credit Strategies II will invest across impact sectors and growth markets with a diversified credit investment strategy. The fund has a strong geographical coverage across three continents (Africa, Asia, and the Americas) and allocates capital across the credit spectrum in industries including financial inclusion, agribusiness, affordable housing, energy access, and healthcare.
The fund leverages BlueEarth’s proprietary impact measurement methodology to address complex social and environmental challenges while delivering competitive financial returns.
BlueEarth Credit Strategies II, which has already achieved promising performance with three successful exits and realised returns above 12% IRR, attracted commitments from a diverse base of LPs and investors including the firm’s first development finance institution – the US International Development Finance Corporation.
