Schroders announces the completion of the acquisition of Adveq, a leading asset manager investing in private equity globally. Adveq has now been renamed Schroder Adveq.
The acquisition of Adveq accelerates the growth of Schroders private assets business, with more than $7 billion of client commitments, complementing existing capabilities and expertise in the real estate and infrastructure finance sectors.
Sven Lidén, CEO of Schroder Adveq commented:
“We are pleased to have received such a high level of support from our clients and other stakeholders for our partnership with Schroders.
Schroder Adveq, as we are now known, remains committed to delivering the strong investment performance and high quality client service that investors have come to expect from our team over the 20 years since we first launched.”
Stephen Mills has joined the Schroder Adveq board as Executive Chairman. Bruno Raschle, founder of Schroder Adveq, remains on the board in a new capacity of non-executive Vice Chairman.
Headquartered in Switzerland, Schroder Adveq employs over 100 people around the world. Adveq’s clients include some of the largest and most highly regarded institutional investors and pension funds in Switzerland and Germany. In recent years, Adveq has also successfully established a premium client base in the US and other international markets.
Important information
The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.