BlueOrchard and Calvert Impact Capital partner to scale up impact investing and foster sustainable and inclusive development in emerging and frontier markets

26/03/2018 News Releases

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News release

  • Building on common goals, Calvert Impact Capital has made a significant investment in BlueOrchard’s flagship fund to increase the access of low-income households to financial services in developing countries.
  • Calvert Impact Capital and BlueOrchard share the goals of increasing access to financial products for the underserved and creating lasting impact. 

Zurich/Bethesda, MD, 26 March 2018 – Calvert Impact Capital and BlueOrchard Finance Ltd aim to expand the impact investing industry and foster sustainable and inclusive development in the emerging world.

Achieving the UN Sustainable Development Goals (SDGs) requires a massive mobilization of financial resources and a strategic and coordinated approach from stakeholders. According to the UN, the annual investment gap in developing countries to achieve the SDGs is expected to remain high—around USD 2.5 trillion. As foreign assistance and domestic resources will not suffice to meet the demand, private investments are an indispensable source of financing. Building on common goals and a shared sense of responsibility, Calvert Impact Capital is investing with BlueOrchard to contribute to solving the pressing global challenges outlined in the SDGs.

Using capital to make the world more equitable and sustainable lies at the core of Calvert Impact Capital’s fundamental values and business. During two decades of operation, Calvert Impact Capital has mobilized nearly USD 2bn of investor capital, leveraging financial assets to increase opportunity across the globe. Calvert Impact Capital’s investment in BlueOrchard’s flagship fund increases the firm’s portfolio reach to sectors and geographies whose needs are not met by traditional financial markets.

BlueOrchard shares the same vision to foster the access of the poor and vulnerable to financial means and to mitigate the effects of climate change. BlueOrchard was founded in 2001 by initiative of the UN as the world’s first commercial manager of microfinance debt investments. The firm has invested to date more than USD 4.7bn across 70 emerging and frontier markets. BlueOrchard’s funds proactively address 13 of the 17 SDGs.

BlueOrchard is a leading investment manager with a strong commitment to foster sustainable and inclusive growth in the emerging world,” said Calvert Impact Capital President and CEO Jennifer Pryce. “This investment builds on our history of working with BlueOrchard and our shared goal of increasing access to financial services in emerging and frontier markets.”

We are very excited to work with such a renowned and active impact investor as Calvert Impact Capital, with whom we share the same values and vision. Together, we will contribute to solving the pressing global challenges outlined in the SDGs and create tangible impact,” said Patrick Scheurle, CEO of BlueOrchard Finance Ltd.

 

About Calvert Impact Capital

Calvert Impact Capital invests to create a more equitable and sustainable world. Through our products and services, we raise capital from individual and institutional investors to finance intermediaries and funds that are investing in communities left out of traditional capital markets. During our 22-year history, we have mobilized nearly $2 billion of investor capital. Learn more at www.calvertimpactcapital.org.

About BlueOrchard Finance Ltd

BlueOrchard is a leading global impact investment manager. The firm is dedicated to fostering inclusive and climate-smart growth, while providing attractive returns for investors. BlueOrchard was founded in 2001, by initiative of the UN, as the world’s first commercial manager of microfinance debt investments. Today, BlueOrchard provides investors around the world with premium investment solutions, including credit, private equity, and sustainable infrastructure. Being an expert in innovative blended finance mandates, the firm is a trusted partner of leading global development finance institutions. With a major global presence and offices on four continents, BlueOrchard has invested to date more than USD 4.7bn across 70 emerging and frontier markets, enabling tangible social impact. BlueOrchard is a licensed Swiss asset manager authorized by FINMA. Its Luxembourg entity is a licensed alternative investment fund manager (AIFM) authorized by CSSF. For additional information, please visit: www.blueorchard.com.

For further information, please contact:

Tahmina Theis
+41 22 596 47 69
tahmina.theis@blueorchard.com
www.blueorchard.com

Andrew Parrucci
+1 301-280-6074
aparrucci@calvertimpactcapital.org
www.calvertimpactcapital.org

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