BlueOrchard Latin America and the Caribbean Gender, Diversity and Inclusion Fund
Financial Inclusion
- Including the excluded
- First Gender, Diversity, and Inclusion investment strategy for Latin America and the Caribbean
- In partnership with Global Affairs Canada and IDB Invest
Our investment goals and strategy
Fostering inclusion
The aim of our fund is to build financial inclusion for underserved groups in Latin America and the Caribbean (LAC), such as women, indigenous groups, Afro-descendants, migrants, and other marginalised groups, thus contributing to a more inclusive growth in the region.
Market building
A dedicated Technical Assistance Facility will engage in capacity building projects with financial institutions in the region, aimed at creating and improving their Gender, Diversity and Inclusion (GDI) capabilities. This means that our fund will contribute to better impact measurement and development of tailored financial products, that address the needs of underserved groups in the region.
Mobilising capital
With its blended finance structure, our fund leverages de-risking mechanisms such as subordinated capital and first-loss protection, as well as technical assistance, to minimise risks for private investors and crowd in capital at scale. On top of that, our fund provides growth capital and debt investments to financial institutions with a GDI focus, targeting market-rate returns.
Fund characteristics
| Fund inception | March 2023 (first closing) |
| Asset class | Private debt |
| Status | Fundraising |
| Target return** | 6-7% IRR net |
| Fund life | 10 years |
| Liquidity | Closed-end |
| NAV frequency | Quarterly |
| Domicile and legal structure | Luxembourg, SCA SICAV-RAIF |
| SFDR classification | SFDR classification Article 9, sustainable investment objective |
| External AIFM | BlueOrchard Asset Management (Luxembourg) S.A. |
| Investment manager | BlueOrchard Finance Ltd |
| Depositary | Banque de Luxembourg |
| Administrator | European Fund Administration S.A. |
| Technical assistance | Financed by Global Affairs Canada and IDB Invest |
| Backed by | Global Affairs Canada and IDB Invest |
** All investments involve risk. We note specifically that past performance is not an indication of future results.
SDGs addressed
Core SDGs
Core SDGs: Core SDGs are those that address the impact intent and/or sustainability investment objective of a given fund.
Aligned SDGs: Aligned SDGs are those that the fund’s investees promote through responsible ESG management practices.
