At a glance
- The first close is 15% of the target, leaving about $1.7 billion to be raised.
- The MacArthur Foundation says it is raising its impact investing allocation 50%, to $750 million, beginning in 2027.
- The increase implies a prior allocation of $500 million.
IFC and BlueOrchard have announced an emerging-markets private debt vehicle targeting $2 billion, with $300 million committed at first close and Tokio Marine Group named as anchor investor.
The first close is 15% of the target, leaving about $1.7 billion to be raised.
MacArthur lifts its impact investing allocation
The MacArthur Foundation says it is raising its impact investing allocation 50%, to $750 million, beginning in 2027.
The increase implies a prior allocation of $500 million. The foundation says returned capital will be recycled into later projects.
Reported by The Wrap desk from ESG Capital Daily deal log. Published . Corrections