Schroders has appointed a private assets specialist to oversee the continued growth and development of its business on a global scale.
Georg Wunderlin, most recently the Chief Executive Officer of HQ Capital, a leading alternatives manager, will assume the newly-created role of Global Head of Private Assets in May.
He will focus on developing and executing Schroders’ private assets growth strategy across these specialist asset classes on a global scale and enabling the business to better deliver private assets-focused investment solutions for clients.
He will report into Group Chief Executive Peter Harrison and join the Group Management Committee.
Peter Harrison, Group Chief Executive, Schroders, says: “Developing Schroders’ private assets business in response to the evolving needs of our clients has been a core strategic focus of the firm. Clients are increasingly looking to invest in illiquid assets which deliver stable and consistent returns that are uncorrelated to public markets.”
“Schroders already boasts a wealth of investment expertise in private assets from infrastructure debt to real estate and the firm is now well-placed to leverage these capabilities on a global scale.”
“We are confident that the arrival of Georg will ensure we continue to meet our clients’ investment objectives by delivering industry-leading solutions across the private assets space.”
Georg can draw upon 19 years of experience in investment finance, having held a number of senior roles. He joined Auda International in 2012 as its Chief Operating Officer, a role he retained after Auda, Real Estate Capital Partners and Equita were combined in 2015 to form HQ Capital. He has led HQ Capital since 2016.
Georg Wunderlin, Global Head of Private Assets, Schroders, says: “Schroders has built a strong market position in the private assets space, encompassing an impressive range of capabilities across all relevant private markets asset classes.”
“I am convinced the firm is well-positioned to build on these credentials in this attractive market. It is my privilege to have the opportunity to join this firm and to lead Schroders’ private assets businesses.”
Schroders Private Assets and Alternatives businesses manage GBP35.8 billion in assets on behalf of its clients, with this capability including Securitised Credit, Private Equity, Infrastructure Finance, Insurance-Linked Securities, Small and Medium-Sized Lending and Real Estate.
Last year, Schroders made the private assets acquisition of hotel investment business Algonquin while, in 2017, it acquired private equity business Adveq, adding to its growing platform of specialist capabilities in this area.