SGSS wins mandate for ASEAN Women Empowerment Fund
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SGSS wins mandate for ASEAN Women Empowerment Fund 11 April 2017Luxembourg Reporter: Stephanie Palmer
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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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