Luxembourg
11 April 2017
Reporter: Stephanie Palmer

SGSS wins mandate for ASEAN Women Empowerment Fund


BlueOrchard Finance, an impact investment manager, has appointed Societe Generale Securities Services (SGSS) to provide fund services for the Luxembourg-based Japan ASEAN Women Empowerment Fund.

The specialised investment fund intends to invest $120 million in a diversified portfolio, focusing in microfinance debt instruments in Association of Southeast Asian Nations (ASEAN) countries.

It will provide lending facilities to female entrepreneurs in a bid to empower women in South and South East Asian countries, specifically Cambodia, Myanmar, the Philippines, Vietnam, Laos, Malaysia, Indonesia, India, Pakistan and Sri Lanka.

SGSS will provide a range of services, including fund administration and reporting, custody and trustee services, transfer agency, and domiciliation and ancillary services.

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