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.
Reported by The Wrap desk from ESG Capital Daily tracking. Published . Corrections