- USD 5 million investment made in South Asia Growth Fund III (the “Fund”), managed by GEF Capital Partners (GEF), an established manager with a track record investing in sustainability and environmental sector since 1990.
- The Fund focuses on companies that offer smart solutions and/or products related to climate change adaptation, climate change mitigation, and circular economy.
- The Green Earth Impact Fund (GEIF), managed by impact investment pioneer BlueOrchard, is a fund of funds (FoF) strategy that provides capital to innovative private equity, sustainable real assets, and private debt funds.
Zurich, 28 August 2023
GEF is among the few managers that focus solely on climate actions. The company has a strong presence in India and has demonstrated the commercial viability of climate impact investing. GEF has a deep sectoral expertise, particularly in climate mitigation, climate adaptation, and circular economy in South Asia. The company has a strong history, having already invested two funds.
Daniel Freedman, Senior Portfolio Manager at BlueOrchard, comments: “We are excited to make GEIF’s first investment with GEF, one of the most established managers in the region with proven track record. GEF’s strong focus on creating and contributing to climate impact is fully aligned with our mission. We are excited to collaborate and drive climate solutions for the Indian market together.”
About GEIF
GEIF allows professional clients to invest in a diversified portfolio targeting climate change, water protection, and biodiversity in emerging and frontier markets with BlueOrchard, a pioneer and leading asset manager in the field of impact investment and member of the Schroders Group. Investors can benefit from BlueOrchard’s successful track record of over 20 years in impact investing and Schroders’ private equity investment capabilities and track record, distribution network and fund administration expertise as GEIF’s AIFM[1]. In addition, GEIF benefits from a de-risking mechanism such as first loss protection as a result of the anchor investment by the Luxembourg Ministry of Finance within a blended finance structure. GEIF has sustainable investment as its objective within the meaning of Article 9 of the SFDR regulation.[2] Its objective and investment framework are modeled in consideration of the Paris Agreement, the Luxembourg International Climate Finance Strategy 2021–2025, and the EU Taxonomy Regulation, among others. More product-specific information is available to qualified investors on the BlueOrchard website: www.blueorchard.com/products/green-earth-impact-fund-geif/
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[1] Alternative Investment Fund Manager
[2] Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector (“SFDR”).
For further information, please contact:
Tahmina Theis
+41 22 596 47 69
tahmina.theis@blueorchard.com
About BlueOrchard Finance Ltd
BlueOrchard is a leading global impact investment manager and member of the Schroders Group. As a pioneering impact investor, the firm is dedicated to generating lasting positive impact for communities and the environment, while aiming at providing attractive returns to investors. BlueOrchard was founded in 2001, by initiative of the UN, as the first commercial manager of microfinance debt investments worldwide. Today, the firm offers impact investment solutions across asset classes, connecting millions of entrepreneurs in emerging and frontier markets with investors with the aim to make impact investment solutions accessible to all and to advance the conscious use of capital. Being a professional investment manager and expert in innovative blended finance mandates, BlueOrchard has a sophisticated international investor base and is a trusted partner of leading global development finance institutions. To date, BlueOrchard has invested over USD 10 billion across more than 105 countries. More than 280 million underserved people and MSMEs in emerging and frontier markets received access to financial and related services with the support of BlueOrchard as of December 2022. For additional information, please visit: www.blueorchard.com.
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