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Blumont Announces Investment in Blu Dev Ventures

ARLINGTON, VA —With today’s launch of , Blumont announces its role as a founding investor in the new, independently operated holding company. Blu Dev Ventures brings together specialized global development firms at a time when shifts in funding and operating models are reshaping how organizations engage expertise in fragile settings. For Blumont, Blu Dev Ventures is a way to build on decades of implementation experience and create new opportunities to help communities move toward stability and self-reliance, while helping investments achieve strong results.

“The way public and private sector organizations work in conflict-affected settings has changed. The need for experienced partners and practical solutions has not,” said Jonathan Nash, President & CEO of Blumont. “Blu Dev Ventures is an opportunity to help ensure that expertise is available as the needs of clients, partners, and communities evolve.”

Blumont works with communities affected by crisis and conflict—helping people move toward stability and self-reliance. The organization’s work connects immediate recovery needs with the longer-term progress that enables people to rebuild their lives and support their families.

The firms in the Blu Dev Ventures portfolio bring specialized expertise in program evaluation, market systems, finance, and political risk—capabilities that complement Blumont’s experience designing and delivering programs in fragile and transitional contexts.

“The solutions to complex challenges rarely fit neatly within a single discipline,” Nash said. “The opportunity here is to bring expertise together in ways that are purposeful and responsive. This is about supporting our mission, not changing it.”

While Blumont has long worked with other organizations and specialists when needed, its relationship with Blu Dev Ventures creates new opportunities to bring complementary capabilities together and make the most of the expertise each organization brings. Blumont and firms within the Blu Dev Ventures network may work together under commercial agreements when those combined capabilities can benefit a particular project or client.

The CEO of Blu Dev Ventures, Eric Lundgren, previously served as Blumont’s Vice President for Global Operations. The Blu Dev Ventures board of directors includes Jonathan Nash and Blumont’s Vice President for Contracts, Grants, and Compliance, Laura Fogarty.

About Blumont: Blumont works in fragile and complex operating environments, helping communities navigate crisis, recovery, and transition toward greater stability and self-reliance. Across humanitarian response, recovery, and stabilization, the team helps restore essential services, strengthen local systems, and expand opportunities for people to rebuild their lives. Working alongside local partners, Blumont adapts its approach as conditions and community needs evolve, helping to address immediate challenges while building the foundation for longer-term progress.

 

Media Advisory: Blumont announces investment in Blu Dev Ventures (September 8, 2026)