InsuResilience Investment Fund Private Equity II (IIF II)
Climate
- Offering opportunity to invest in fast-growing climate insurance market
- Track record of high impact and high additionality
- A KfW initiative on behalf of BMZ*
Our investment goals and strategy
Building ecosystems
The fund builds on the success of the first fund with a strong focus on technology to drive affordability of and accessibility to climate insurance. By providing access to climate insurance, we hope to build an effective ecosystem with lasting impact.
Partners in action
Based on a public-private partnership, this fund is one of the most effective climate change adaptation strategies to date. In addition, the fund provides technical assistance and premium support to its partner companies.
Targeting growth
The fund provides growth capital, targeting market-rate returns. Private investors benefit from de-risking mechanisms such as first-loss protection.
Fund characteristics
| Fund inception | April 2022 |
| Asset class | Private equity (blended finance) |
| Status | Fundraising |
| Target return** | 12-20% IRR net (depending on share class) |
| Fund life | 10 years |
| Liquidity | Closed-end |
| NAV frequency | Quarterly |
| Domicile and legal structure | Luxembourg, SCA SICAV-RAIF |
| SFDR classification | Article 9 |
| External AIFM | BlueOrchard Asset Management (Luxembourg) S.A. |
| Investment manager | BlueOrchard Finance Ltd |
| Depositary | Banque de Luxembourg |
| Administrator | European Fund Administration S.A. |
| Backed by | KfW Entwicklungsbank |
**Target return for Private Equity funds. All investments involve risk. We note specifically that past performance is not an indication of future results.
External fund website: www.insuresilienceinvestment.fund
SDGs addressed
Core SDGs
Aligned 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.
2020 IIF I Impact Report
Strengthening resilience to extreme weather events
Accelerated access to climate risk insurance with IglooThe countries of Southeast Asia are highly exposed to natural disasters. The Philippines, for example, is vulnerable to tropical cyclones, floods, and landslides because it has extensive coastal areas where all major cities are located. Vietnam is another example. The country is one of the top five rice exporters in the world. However, food production is affected by difficult climatic conditions such as flooding and changing rainfall patterns. Igloo, one of Southeast Asia’s leading insurtech companies, is addressing these very issues. Working with microfinance institutions and insurers, Igloo offers insurance programs for natural disasters and is working to launch blockchain-based weather index insurance.