Dealflow | July 29, 2019

Schroders acquires majority stake in BlueOrchard Finance

Dennis Price
ImpactAlpha Editor

Dennis Price

ImpactAlpha, July 29 – London-based investment manager Schroders, with more than $500 billion in assets under management, took a majority stake in the Swiss impact investment firm.

BlueOrchard got its start in microfinance two decades ago and now manages $3.5 billion across asset classes, including credit, private equity and sustainable infrastructure, and blended finance.

The partnership, whose terms were undisclosed, will help BlueOrchard expand its sustainability capabilities and Schroders to extend its reach into emerging market private debt and private equity investments, the firms said in a statement.

Patrick Scheurle will continue on as BlueOrchard’s board chair and CEO. Three Schroders executives, including its chief executive Peter Harrison, will join BlueOrchard’s board.