Axa Acquires Stake in Blue Like an Orange Sustainable Capital

Insurance giant Axa acquired a 20% stake in sustainable investment firm Blue like an Orange Sustainable Capital. Previously, Axa had also invested in Blue, like Orange's first sub-fund, "Latin America Fund I." Additionally, Axa has confirmed an investment in its second sub-fund ("Latin America Fund II"). Thus, Axa is also an anchor investor in the Fund. The acquisition further affirms Axa's long-term strategic commitment to the company.

"We are pleased to invest alongside the experienced and successful team of Blue like an Orange. Their approach to put finance at the service of more inclusive and sustainable growth fits perfectly with AXA's ambition to have a positive social and environmental impact through its investment policies," said Pascal Christory, Chief Investment Officer of th...

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