Ex-Woodford trust makes second PE investment

Schroders managers invest $13.7m

Schroder UK Public Private Trust (SUPP), formerly the Woodford Patient Capital Trust, has invested $13.7m in its second private equity investment since the appointment of Schroder Investment Management in 2019.

The investment in Revolut is a "clear demonstration of the continued progress towards rebalancing the portfolio", the stock exchange announcement said. Revolut is a financial application used by 16...