Schroders Capital reaches $1.5bn private equity secondaries fundraising milestone
News Release - 13 November 2023
Schroders Capital has now successfully raised over $1.5 billion1 for private equity secondaries from its various vehicles over the past three years, showcasing the firm’s ability to raise capital across the platform and meet clients’ investment needs.
This follows a $410 million successful final close of Schroders Capital Private Equity Secondaries IV which underscores Schroders Capital's strong track record and the confidence clients have in its secondaries strategy.
Schroders Capital’s secondary strategy is primarily focused on GP-led and select LP investment opportunities in the lower middle-market buyout and growth-equity segments.
Schroders Capital has been particularly active in GP-led secondaries, successfully closing on more than 50 transactions since 2021. This expertise and experience position the firm as a trusted partner for both GPs and LPs seeking liquidity solutions.
Last year, Schroders Capital acted as the lead investor in the single asset continuation vehicle for Init, a digital transformation service provider, managed by German buyout manager EMERAM Capital Partners. Earlier this year, Schroders Capital led a multi-asset continuation vehicle with Volpi Capital, including geospatial data company Cyclomedia.
Schroders Capital's secondaries activity has a global reach, with dedicated teams in Zurich, New York, and Singapore. These strategically-located offices enable the firm to leverage its global network and expertise, providing investors with access to a diverse range of attractive secondaries opportunities across different geographies.
Christiaan van der Kam, Head of Secondary Investments Private Equity at Schroders Capital, said:
"We are proud of the success and growth of our secondaries activity. Our strong track record, deep industry expertise, and global presence position us well to continue delivering attractive investment opportunities to our clients."
1 As at 30.09.23 (from 2021-2023)
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Wim Heirbaut
Tânia Jerónimo Cabral
Schroders Capital
Schroders Capital provides investors with access to a broad range of private asset investment opportunities, portfolio building blocks and customised private asset strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private asset mandates.
The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.
With $86.7 billion (£68.2 billion; €79.5 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).
*Assets under management as at 30 June 2023 (including non-fee earning dry powder and in-house cross holdings)