Schroders has purchased a majority stake in impact investor BlueOrchard Finance for an undisclosed fee in an effort to expand the firm's sustainability offering, as well as its emerging markets private debt and private equity capabilities.
Founded in 2001, Switzerland-headquartered BlueOrchard, which has $3.5bn in AUM, specialises in microfinance and impact investing across asset classes, including credit, private equity and sustainable infrastructure. The acquisition will see group chief executive of Schroders Peter Harrison (pictured), as well as global head of private assets Georg Wunderlin and executive chairman of Schroder Adveg Stephen Mills, join BlueOrchard's board of directors, which will adopt joint strategic decisions with representatives from both firms. BlueOrchard said the deal, which will entail no change...
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