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Laxman Pai, Opalesque Asia: British asset manager Schroders announced that it has agreed to acquire a majority stake in Swiss impact investor BlueOrchard Finance for an undisclosed sum.
Zurich-based BlueOrchard, founded in 2001, is a player in microfinance and impact investing. It claims to be the world's first commercial manager of microfinance debt investments.
The firm offers investors premium impact investment solutions across asset classes, including credit, private equity, and sustainable infrastructure and is an expert in innovative blended finance mandates. The impact investment business has approx. $3.5bn in assets under management and operates internationally.
Schroders' partnership with BlueOrchard supports the expansion of its sustainability capabilities.
"This will help to better serve clients who are increasingly seeking investments which have a beneficial impact on society and the environment, as well as generating positive financial returns," said a press release from the global investment manager.
It also accelerates the growth of Schroders in private debt and private equity investments in emerging markets, the release said.
Partnering with Schroders enables BlueOrchard to further drive innovation and growth and increase its impact across emerging and frontier markets. Schroders' stable ownership structure and heritage are aligned with BlueOrchard's long-term investment philosophy.
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