Schroders Capital and iCapital announce a strategic partnership that enables Schroders Capital to broaden access to the wealth management channel for its semi-liquid global private equity strategy.
Through this collaboration, Schroders Capital will leverage iCapital’s cutting-edge technology platform and operating system to manage the investment and education experience at scale.
By listing the Schroders Capital semi-liquid global private equity strategy on iCapital Marketplace, a one-stop-shop connecting wealth managers, financial advisors, and their clients to a wide selection of alternative investment opportunities offered by the world’s leading asset managers, Schroders Capital gains access to iCapital’s global network of wealth managers, enabling its distribution strategy to be efficiently expanded.
With $93.7 billion in assets under management, Schroders Capital offers a broad range of private market investment opportunities to institutional investors and private wealth investors, including a series of semi-liquid funds. The partnership with iCapital, which initially focuses on markets in Latin America, Asia and Switzerland, is testament to Schroders Capitals’ aim to support access to private markets for private wealth clients.
Georg Wunderlin, Global Head Private Assets, Schroders Capital, said: “The partnership between Schroders Capital and iCapital is an important step in our strategic priority of ensuring we are a leading partner for wealth managers and private banks to better access private markets. The Schroders Capital semi-liquid global private equity strategy provides an even broader set of investors with the means to invest in some of the most established global private equity open-ended funds worldwide. With a multi-year track record and a strong focus on small-mid buyouts in Europe and North America and growth investments in Asia, this sets it apart from many other comparable private equity funds in the market.”
Gonzalo Binello, Head of Latin America, Schroders, said: “During the last decade or so we have seen the Private Assets investment market growing in demand and evolving in its pipeline to new heights. Latin America has not been an exception to this global trend, and we have seen this growth evidenced in the strong demand from the region for our global private equity ‘evergreen’ Luxembourg-based strategy two years ago, especially from countries such as Chile, Costa Rica, Peru, Mexico and the US market. Schroders Capital has been building a compelling range of next generation ‘evergreen’ private assets strategies, that we have the intention to bring to Latin America in due course to continue working for our client’s benefit.”
Marco Bizzozero, Head of International at iCapital, said: “We are delighted to partner with Schroders Capital, a leading private markets manager with over 25 years of private equity investment experience, to support them in their mission to be at the forefront of unlocking new private markets investment opportunities to the wealth management channel.