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Schroders, BlueOrchard Finance Ltd, and the Luxembourg Ministry of Finance today announced the first close of the Green Earth Impact Fund (GEIF, or the Fund), which is managed in a joint effort between BlueOrchard as Investment Manager and Schroders as the AIFM providing risk and portfolio services to the fund.
The GEIF allows institutional investors to invest in a portfolio of funds, which seek to address environmental protection and climate change and to benefit from de-risking mechanisms such as first-loss protection. The Fund was conceived in June 2022 and has now achieved its first closing with a USD 25 million commitment from the Luxembourg Ministry of Finance. The GEIF will operate as a value-added vehicle to drive and channel sustainable and impact investments...
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