Schroders has acquired private equity solutions business Adveq Holding AG as part of the firm's plan to accelerate the growth of its private assets arm.
Adveq has over $7bn of client commitments based mainly in Switzerland and Germany, with a number of large pension funds on the books. The firm also has a client base in the US and other international markets. ...
0.25% charge on £100,000 investment
Sector launched in April this year
Targeting €1trn AUM by end of 2020
Groups firming up plans
Managed by Jeff Kernagis