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HOUSTON (October 8, 2026) . . .
Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced a $100 million commitment as a seed investor to a new emerging markets fund. The fund, established by International Finance Corporation (IFC), a member of the World Bank Group, is managed by BlueOrchard Finance Ltd. Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF) has committed a further $200 million, taking Tokio Marine Group's total anchor commitment to $300 million.
The new fund provides institutional investors, including pension funds and insurers, with access to a diversified portfolio of high-quality IFC-originated loans across sectors and geographies. Targeting up to $2 billion in commitments, with a $300 million first closing to finance private businesses in emerging and developing markets, the fund builds on the Managed Co-Lending Portfolio Program (MCPP), a syndications platform IFC launched in 2013 with over $25.5 billion in capacity. As an evergreen fund, investors may subscribe and redeem capital on an ongoing basis, subject to predefined redemption windows.
The commitment builds on TMHCC's longstanding relationship with IFC, which expanded in 2020 when TMHCC joined the MCPP through the MCPP FIG II facility. The fund is intended to support sustainable and resilient economic growth in emerging and developing markets.
“We have worked with the World Bank Group and IFC for more than 10 years. We wrote our first policy for IFC in 2013, and since then we have provided credit insurance across multiple programs to support IFC's economic and social development work. We expanded our relationship in 2020, providing unfunded participations in IFC's MCPP that support loans to financial institutions and the real sector across IFC's member countries. This seed investment alongside TMNF builds on that experience and marks the next step in our longstanding relationship,” said Jerome Swinscoe, President, HCC Credit Group.
“This investment reflects TMHCC’s disciplined approach to investing, while also supporting sustainable economic growth in developing countries. With IFC’s goal of advancing economic development and BlueOrchard’s 25-year history of impact investing, this expanded partnership gives TMHCC access to private credit opportunities across emerging markets and directs long-term capital toward meaningful impact outcomes that align with our ESG philosophy,” added Jonathan Lee, Senior Vice President, Treasurer and Head of Investments, Tokio Marine HCC.
About Tokio Marine HCC
Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $84 billion as of June 30, 2026. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.
Contact:
Doug Busker, Vice President – Public Relations
Tokio Marine HCC
713-996-1192
