AXA had last year been one of the first investors to commit to Blue’s $200m Latin America Fund I.
France-listed insurer AXA Group has acquired a 20% stake in Luxembourg-based, emerging markets venture capital firm Blue Like an Orange.
AXA had been one of the first investors to commit to Blue’s $200m Latin America Fund I in June last year and has re-upped as a cornerstone investor to its second fund as part of the ownership stake in the management company.
Blue Like an Orange’s second fund, Sustainable Capital Latin America Fund II, will invest in South American companies offering social…
