Schroders has combined all of its private markets capabilities under one banner as the newly formed Schroders Capital, which will have oversight for $65bn worth of assets.
The asset manager is bringing together its various efforts from across private equity, securitised products, asset-based finance, private debt, real estate, infrastructure, insurance-linked securities, as well as impact specialist BlueOrchard.
BlueOrchard, in which Schroders became a majority stakeholder in 2019, will sit within the unit but retain its independent brand.
Peter Harrison (pictured), Schroders’ group chief executive, said: ‘Schroders is further delivering on its growth strategy with the launch of Schroders Capital, a new brand for all our private assets businesses.
‘It will continue to provide clients with a local approach to investing across a diversified range of private asset strategies, supported by a global perspective and the long-established Schroders business.’
The unit will be led by Georg Wunderlin, who will serve as global head of Schroders Capital. He said the creation of the new division will increase the visibility and strengthen the position of its private assets offering.
Each asset class within Schroders Capital will continue to maintain a high level of autonomy, while also benefiting from enhanced knowledge-sharing and collaboration with the other asset classes within the new brand and across the Schroders Group.
Source: City Wire
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