Luxembourg Earth Impact Fund (LEIF)

The LEIF is a platform to multiply and to direct private capital flows towards impact through blended finance. The first sub-fund of the LEIF responds to the urgent need for climate action and sustainable growth, especially in emerging markets. The Luxembourg Government is determined to contribute positively to impact investments and is using its capital to de-risk private capital in the LEIF.

The LEIF’s first sub-fund is the Green Earth Impact Fund (GEIF). This fund focuses on investments that support climate mitigation, climate adaptation, and the conservation of water and biodiversity. Recognizing the importance of additionally, the fund aims to address the financing gap for nature-based solutions, especially in emerging markets. The GEIF seeks to foster green recovery by focusing on markets that are either underserved or have been negatively impacted, thereby creating opportunities for sustainable progress.

Furthermore, the GEIF offers a framework for investors looking for risk mitigation, a diversified portfolio of fund investments, and a comprehensive investment selection and impact assessment. This approach leverages on Blue Orchard’s expertise and is designed to balance environmental impact with prudent investment practices.

The LEIF is a strategic partnership between the Luxembourg Ministry of Finance, Schroders, a global asset manager, and BlueOrchard, the investment manager.

This collaboration bridges the unique strengths of a public institution providing risk-bearing capital (Luxembourg Ministry of Finance), a leading asset management firm ensuring management company services (Schroder Investment Management (Europe) S.A.), and an impact investment expert (BlueOrchard). This synergy enables us to harness expertise and resources, and allows us to amplify and generate meaningful impact.

Key cornerstone investors include the Ministry of Finance of Luxembourg and Schroders.

Zurich/Luxembourg/London, 17 April 2023 – Schroders, BlueOrchard Finance Ltd, and the Luxembourg Ministry of Finance today announced the first close of the Green Earth Impact Fund (GEIF, or the Fund), which is managed in a joint effort between BlueOrchard as Investment Manager and Schroders as the AIFM providing risk and portfolio services to the fund.

Investment made in South Asia Growth Fund III (the “Fund”), managed by GEF Capital Partners (GEF), an established manager with a track record investing in sustainability and environmental sector since 1990. The Fund focuses on companies that offer smart solutions and/or products related to climate change adaptation, climate change mitigation, and circular economy.