Axa, BNP Paribas Cardif, CNP Assurances and SG Insurance have backed the investment firm's first regional vehicle, which has already deployed $80m.

Luxembourg-based investment firm Blue Like an Orange Sustainable Capital has closed a Latin America-focused fund with limited partners including insurers Axa, BNP Paribas Cardif, CNP Assurances and SG Insurance at $200m.

Financial services firm HSBC, pension fund MACSF and family offices for Ronald Cohen and Ray Chambers also made commitments to the Latin America Fund I along with undisclosed additional investors.

Founded in 2017, Blue Like an Orange concentrates on mezzanine financing deals supporting the United Nations’ Sustainable Development Goals…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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