Blue Earth has hired Daniel Perroud as its first head of fundraising and investor relations. Perroud joins from Schroders’ impact business BlueOrchard, where he was global head of business development. He joined BlueOrchard in 2018, having previously held roles at Muzinich & Co and Franklin Templeton.

Investor relations responsibilities were previously housed under Blue Earth’s client solutions team, which also managed bespoke mandates for institutional clients and was headed by managing director David Keel. Keel remains in the FIR team and will focus on engagement with DACH investors.

Blue Earth, established by Partners Group founders Urs Wietlisbach and Alfred Gantner and wholly owned by the Blue Earth Foundation, has seen rapid growth since it rebranded from PG Impact in 2021. The firm reached more than $1 billion in AUM earlier this year –  surpassing the $800 million by 2024 target it had announced in 2021. It closed its second credit fund last month above target on $108 million. Climate Growth Fund I, launched in early 2021 with a $300 million target, remains in market; it held a first close on $145 million in November 2021.