Blueorchard Microfinance Fund

Blueorchard Microfinance Fund is an open-ended SICAV managed by BlueOrchard, domiciled in Luxembourg and authorised under the UCI Part II regime, which places it outside the ELTIF framework as a Non-ELTIF vehicle. Launched in 1998 and denominated in USD, it applies a microfinance approach within private debt, lending to financial institutions that on-lend to micro and small enterprises. Portfolio exposure is spread across the regions shown in , and the fund is classified as Article 9 under SFDR, meaning sustainable investment is stated as its objective rather than a secondary characteristic.

The vehicle is evergreen rather than drawdown-based: dealing is bi-monthly for subscriptions and bi-monthly for redemptions, with a notice period of 30 days ahead of a redemption date and pricing struck on a monthly NAV cycle. The minimum commitment is 10,000 USD, and the fund is distributed on a pan-European basis to both professional and eligible retail investors. Because the underlying loan book is unlisted and held to maturity, liquidity for investors is delivered through the dealing calendar and the manager's cash management rather than through secondary market trading; the reported size of the fund is , and all-in costs are summarised by .

Within the Novantigo coverage universe of 494 vehicles as of 31 Aug 2026, the fund is one of 148 in private debt and one of 347 domiciled in Luxembourg, with 108 funds sitting at the intersection of the two. Its long operating history, open-ended structure and retail-accessible minimum differentiate the mechanics from the closed-ended private debt funds that make up much of that peer set.