Behind the fund: How Blue Earth Capital raised $200m for its impact secondaries strategy

Philipp Mueller, CEO, Blue Earth Capital
19 Aug 2026
06:00
Swiss impact investor Blue Earth Capital recently passed $200m for its secondaries fund, still a rare strategy in impact investing.

Chief executive Philipp Müller walks Impact Loop through how the model works, the doubts about it, and where the new money is coming from.

Get the lowdown on:

→ Why it is so hard to sell a stake in an impact fund
→ Whether buying a second-hand stake still creates impact
→ How this fits into a booming market for second-hand fund stakes

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