EFA to provide fund admin for Japan ASEAN Women Empowerment Fund
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EFA to provide fund admin for Japan ASEAN Women Empowerment Fund 10 March 2021Luxembourg Reporter: Becky Bellamy
Image: EFA
European Fund Administration (EFA) has been selected to provide fund administration to the Japan ASEAN Women Empowerment Fund (JAWEF), expanding its partnership with BlueOrchard.
BlueOrchard’s JAWEF was launched in 2016 as the first fund of its kind investing through
financial institutions in female micro entrepreneurs across the Association of Southeast Asian Nations (ASEAN) region in a range of frontier and emerging markets.
JAWEF aims to foster gender equality and women empowerment by providing financial opportunities to women.
The fund was initiated by Japanese developmental and commercial investors such as the Japan International Cooperation Agency and the Japan Bank for International Cooperation (JBIC).
In addition, it attracted capital from a range of Japanese private sector investors via its innovative blended finance structure.
EFA CEO Noel Fessey says: “At EFA, we believe that we all have a responsibility to help shape a better, more sustainable future. We are thankful to BlueOrchard for their continued trust and look forward to further growing our relationship for many years to come.”
Maria Teresa Zappia, chief impact and blended finance officer and deputy CEO of BlueOrchard, adds: “We look forward to our continued cooperation with EFA and to further advance JAWEF’s impact goals.”
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Image: EFA 