This global investor just won Impact firm of the year: 'Proud to be recognised'

Blue Earth Capital took home the prize on Monday night, and then turned to LinkedIn to celebrate the award digitally.

"We are proud to be recognised for our work in financial inclusion and remain dedicated to tackling the world's most pressing social and environmental challenges," said the team in their post. "Our mission is to combine measurable impact with market-rate financial returns, ensuring a more equitable and sustainable future."

Blue Earth – headquartered in Baar in Switzerland but with offices around the world, is wholly owned by the Swiss not-for-profit Blue Earth Foundation. All the profits made from Blue Earth Capital is reinvested into their impact initiatives, most of which revolve around social impact, sustainable finance and the environment.

New Private Markets is a business intelligence firm focussed on impact and sustainability investments, which since 2023 has given out awards to VCs and other private market companies working in those sectors.

The latest award presentation in London singled out two plays in the African financial inclusion sector that gave Blue Earth exposure to two major success stories. The first, Lagos-based fintech Moniepoint, which focuses among other things on banking the unbanked, became a unicorn in December 2024, after raising €104m ($110m).

Just a few days later, Tyme Group, which is based in Singapore but provides fintech solutions across African markets, did the same, with a €237m ($250m) Series D round. Blue Earth was involved with both, via different investment strategies.

With around $1.4bn under management, Blue Earth Capital has deployed hundreds of millions into climate solution investments, and over half a billion into financial inclusion for the underserved. The firm claims through these investments to have averted over 500,000 tonnes of carbon equivalent emissions, and served just under 45 million people.

In late 2024, the firm announced the launch of the Blue Earth Global Impact Credit, their first evergreen private credit strategy fund, closing $113m in its first round, with a strategy focussed on social and environmental investment in developing markets.

"This represents a natural evolution in Blue Earth Capital AG’s commitment to scaling high impact businesses while delivering market rate returns," wrote Blue Earth’s Head of Private Credit Amy Wang at the time.

This 2024 award to Blue Earth Capital is the second time in two years the firm has won a New Private Markets award, having been named Impact LP of the year for 2023.