London takes on Geneva as Schroders Buys Majority Stake in Impact Investing Manager Blue Orchard

Schroders (based in London) has bought a majority stake in impact investing specialist Blue Orchard ("where financial returns meet social and environmental impact"), based in Geneva, which manages $3.5bn in assets, in credit, PE and sustainable infrastructure, for an undisclosed sum. Robeco SAM is another player in the once-niche impact investing space.

Blue Orchard was founded by two bankers who are no longer with the firm, Jean-Philippe de Schrevel and Melchior de Muralt, a Swiss private banker. Chairman Peter Fanconi and CEO Patrick Scheurle will stay with Blue Orchard post Schroder-acquisition.