Asset Manager Schroders Acquires Majority Stake in BlueOrchard
Friday, July 26, 2019
British asset manager Schroders Plc said on Friday it has agreed to acquire a majority stake in Swiss impact investor BlueOrchard Finance Ltd for an undisclosed sum.
Zurich-based BlueOrchard, founded in 2001, puts money into projects that pay returns based on hitting non-financial targets, often linked to social development or the environment.
Photo courtesy of Sudipto Sarkar.
Source: Reuters (link opens in a new window)
- impact investing