BlueOrchard’s Philipp Mueller plans continental investments of up to $70m

BlueOrchard’s Philipp Mueller plans continental investments of up to $70m

Schroders Group’s impact investment arm is seeking to raise over $350m to benefit MSMEs worldwide.

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            ▪ BlueOrchard’s Philipp Mueller plans continental investments of up to $70m

▪ Schroders Group’s impact investment arm is seeking to raise over $350m to benefit MSMEs worldwide.

https://www.jeuneafriquebusinessplus.com/en/806180/blueorchards-philipp-mueller-plans-continental-investments-of-up-to-70m/

24/11/2020 at 17h02, by Jeune Afrique Business+

“Our investments in Africa will be up to 20% of the final size of the fund,” a BlueOrchard spokesperson told Jeune Afrique Business+. The vehicle is designed to support MSMEs confronted with the Covid crisis, with a fifth of the commitments expected to represent $70m. Over $140m was raised in the first round, which should serve as a springboard towards a final goal of $350m.

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