BlueOrchard Finance, the Swiss impact investment manager majority-owned by Schroders Plc, is preparing to launch its second global private equity (PE) fund that has “a special core” on Southeast Asia in 2021, a top executive told DealStreetAsia.
Named BlueOrchard’s PE Fund II, it is expected to raise more than the firm’s first fund, InsuResilience Investment Fund (IIF) Private Equity Sub-Fund, which consisted of equity and debt sub-funds. BlueOrchard announced the $80 million final close of the IIF’s equity sub-fund in July 2020. The final close of the debt sub-fund has not been announced so far.
