What’s on the Menu at Blue Meridian? More Place-Based, Multisector Partnerships

Media January 8, 2024

“This latest set of grants comes through Blue Meridian’s Place Matters portfolio, one of the group’s five ‘investment portfolios’ dedicated to finding and scaling ways to increase economic and social mobility. Place Matters has funded place-based partnerships in nearly 20 communities since its launch in 2020, committing more than $415 million. This latest investment is a chance to go deeper, channeling what Blue Meridian believes will be a transformative amount of capital to communities poised for change.

In something of an understatement, Jim Shelton, president and chief investment and impact officer of Blue Meridian Partners, (and former Deputy Secretary of Education in the Obama administration, among other illustrious positions), said, ‘We tend to invest at a different scale than a lot of people do. It takes real resources to do this kind of complicated multisector work.’”

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