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BlueOrchard to open office in Singapore
The launch of the Singapore subsidiary underpins BlueOrchards steadily growing popularity in the region, and is part of the efforts to forge ties with stakeholders in the Asia-Pacific region.
Despite remarkable economic progress achieved in Asian-Pacific countries over the last decades, the region remains home to an enormous number of the worlds poorest and most vulnerable people. At the same time, the Asia-Pacific impact investing market is growing and increasingly addresses societal and environmental challenges. Due to its central location and outstanding infrastructure, Singapore is well positioned to become an impact investing hub in Asia-Pacific. BlueOrchard has been present in the region for almost 10 years and manages two funds, the Microfinance Initiative for Asia (MIFA) and the Japan ASEAN Women Empowerment Fund (JAWEF), which address exclusively sustainable growth in Asia-Pacific.
"We are seeing high demand in the Asia Pacific region for impact investing expertise. Singapore, as a local hub, plays an important part in BlueOrchards continued growth in the region," said Patrick Scheurle, CEO of BlueOrchard. The new office in Singapore will complement the office in Phnom Penh, enabling BlueOrchard to further expand its reach to clients, investments and access specific talents and skills.
BlueOrchard is recognized globally as a leading impact investment manager dedicated to fostering inclusive and climate-smart growth, while providing attractive returns for investors. BlueOrchard has deployed more than USD 5 billion across 80 emerging and frontier markets, enabling beneficial social and environmental impact.
