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IFC and BlueOrchard open $2bn emerging-markets private debt fund

Tokio Marine Group anchored a $300m first close, leaving 85% of the target still to be raised.

At a glance

15-second brief
  • International Finance Corporation and BlueOrchard, part of Schroders, have opened a $2bn emerging-markets private debt fund combining private credit with impact investing, our records show.

  • The first close stands at $300m committed, with Tokio Marine Group as the anchor investor.

International Finance Corporation and BlueOrchard, part of Schroders, have opened a $2bn emerging-markets private debt fund combining private credit with impact investing, our records show.

The first close stands at $300m committed, with Tokio Marine Group as the anchor investor.

That leaves $1.7bn, or 85% of the target, still to be raised after the first close.

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