Schroders Capital commits over £100m to UK Innovation LTAF
The pioneering venture fund targets UK early-stage tech and life sciences companies, including ElevenLabs and AAVantgarde Bio. It raised £500m at first close from pensions and institutions.
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Global active investment manager
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In short: Schroders underwent significant transformation, agreeing to a $13.4 billion acquisition by Nuveen while managing outflows from Middle East tensions.
The pioneering venture fund targets UK early-stage tech and life sciences companies, including ElevenLabs and AAVantgarde Bio. It raised £500m at first close from pensions and institutions.
The ETF targets outperformance of S&P 500. UCITS Active ETF range surpasses $2.8bn AUM, entering top 10 providers.
Net new business excluding JVs was £(2.2) billion amid market turbulence. Exited Brazil and Indonesia operations. Announces recommended cash acquisition by Nuveen.
He joins from UBS (Credit Suisse) with over 20 years' experience to lead European client strategy. He starts on 7 April 2026, reporting to Matt Oomen.
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