Update: Schroders completes acquisition of majority stake in impact investor BlueOrchard

Expands sustainability offering

Schroders has completed its purchase of a majority stake in impact investor BlueOrchard Finance for an undisclosed fee in efforts to expand the firm's sustainability offering, as well as its emerging markets private debt and private equity capabilities.

Founded in 2001, Switzerland-headquartered BlueOrchard, which has $3.5bn in AUM, specialises in microfinance and impact investing across asset classes, including credit, private equity and sustainable infrastructure. Mattioli Woods acquires Midlands financial planning firm for £4m The acquisition will see group chief executive of Schroders Peter Harrison, as well as global head of private assets Georg Wunderlin and executive chairman of Schroder Adveg Stephen Mills, join BlueOrchard's board of directors, which will adopt joint strategic decisions with representatives from both firms ...