Global investment manager Schroders has appointed a private assets specialist to the newly-created role of global head of private assets, as of May 2019.
Georg Wunderlin, most recently CEO of HQ Capital, a leading alternatives manager, will report to group chief executive Peter Harrison and join the group management committee.
He will focus on developing and executing Schroders’ private assets growth strategy globally.
'Developing Schroders’ private assets business in response to the evolving needs of our clients has been a core strategic focus of the firm. Clients are increasingly looking to invest in illiquid assets which deliver stable and consistent returns that are uncorrelated to public markets,' said Harrison.
'Schroders already boasts a wealth of investment expertise in private assets from infrastructure debt to real estate and the firm is now well-placed to leverage these capabilities on a global scale,' Harrison added.
Wunderlin brings 19 years of experience in investment finance, having held a number of senior roles. He joined Auda International in 2012 as its Chief Operating Officer, a role he retained after Auda, Real Estate Capital Partners and Equita were combined in 2015 to form HQ Capital. He has led HQ Capital since 2016.
'Schroders has built a strong market position in the private assets space, encompassing an impressive range of capabilities across all relevant private markets asset classes,' Wunderlin said.
'I am convinced the firm is well-positioned to build on these credentials in this attractive market. It is my privilege to have the opportunity to join this firm and to lead Schroders’ private assets businesses,' Wunderlin concluded.