Creation Investments Capital Management has held a final close for its Creation Investments Social Ventures Fund V with more than $270 million in commitments from a diverse group of investors, including insurance companies, pensions, foundations, fund of funds managers and family offices.
Through Creation V, Creation Investments is committed to increasing access to financial capital to the unbanked and underbanked populations in emerging markets, with a focus on India and Mexico. Creation V exceeded initial targets and had strong participation from existing and new investors.
Investors in Creation V include managed funds by 57 Stars and strategies managed by Ascension Investment Management, which invested in earlier Creation Investments funds, and new investor Blue Earth Capital AG, a global impact investment firm based in Baar-Zug, Switzerland.
Through its local presence in India and Mexico, Creation's team focuses on financial inclusion and sources opportuniti