Schroders readies £250m raise for trust backing British businesses

Managed by Rory Bateman and Tim Creed

David Brenchley
clock • 2 min read

Schroders will look to raise £250m for a new investment trust focused on investing in “the future growth of British business".

The Schroder British Opportunities trust will invest in both public and private UK companies, with the firm saying it aims to "support UK employment through the [coronavirus] pandemic and beyond". The trust, which is expected to IPO in late October, will be run by Schroders' head of equities Rory Bateman and head of UK and European private equity Tim Creed, who also co-manages the Schroder UK Public Private Trust. Schroders plans to launch 'fresh equity' trust to bolster public and private companies Schroders said the vehicle would utilise a proactive public and private equity inve...

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