Schroders Capital, the private market investor with $97.3 billion[1] of assets under management, today announces the promotion of Nick Montgomery to the role of Global Head of Real Estate, subject to regulatory approval, alongside the formation of a new leadership team to further strengthen its real estate capabilities and client proposition.
Nick, who is currently Head of UK Real Estate, will take over from Sophie Van Oosterom following an orderly transition. Schroders Capital’s real estate business is a strategically important growth area, with the team currently managing over $27.9 billion[2] of assets in a range of strategies across 16 markets globally.
Nick has been at Schroders for 12 years and has overseen strong growth of the UK business including significant new mandate wins and the launch of Schroders Capital’s Real Estate Impact Fund, recently approved by the FCA to use the ‘Sustainability Impact’ label under SDR. Nick has a long-term track record of delivering outperformance for clients across a range of strategies including the UK listed Schroder Real Estate Investment Trust.
Alongside Nick’s appointment, Roger Hennig becomes Head of Continental Europe, based in Zurich. Roger previously led Schroders’ Capital’s real estate team in Switzerland and has extensive pan-European knowledge and experience.
Kieran Farrelly becomes Global Chief Investment Officer for Real Estate, in addition to his existing Solutions responsibilities, and James Macnamara will assume global responsibility for value-add and alternatives investments, building on his current focus as Head of Strategy, Hotels and Operating Assets.
Georg Wunderlin, Global Head of Private Assets, Schroders Capital, said:
“Our continued success is built upon a deep bench of investment expertise, guided by the clear vision of management. With a strong team in place, and with each promotion thoroughly deserved, we will continue to explore investment opportunities, with a differentiated proposition that consistently deliver superior returns for clients. As we flex our proposition to suit conditions in the market, we can ensure our business remains well-positioned for long-term success. I have worked closely with Nick and all the members of his team, and I am thrilled that they will be stepping up to oversee our international real estate franchise, which now manages over $27.9 billion of assets across 16 markets.
I extend my deep gratitude to Sophie for her commitment to the business. It has been a pleasure to work with her and I wish her every success as she embarks on a new role on the client-side.”
Nick Montgomery, incoming Global Head of Real Estate, Schroders Capital, said:
"I am privileged to take on this role and excited at the prospect of leading Schroders Capital Real Estate, a business with a 50-year history. Alongside the senior promotions announced today, we have a fantastic global team who are fully dedicated to delivering investment excellence and outperformance for clients. These changes also coincide with a cyclical recovery in many real estate markets, which provides a supportive backdrop for growing this strategically important part of Schroders Capital. I look forward to working with Sophie to ensure an orderly transition."
For further information, please contact:
Andy Pearce, Head of Media Relations | +44 20 7658 2203 | |
Rachael Dowers, PR Manager | +44 207 658 2086 | |
Justine Crestois, PR Executive | +44 20 7658 5186 |
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Schroders Capital
Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customised private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private market mandates.
The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.
With $97.3 billion (£77.0 billion; €90.8 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).
*Assets under management as at 30 June 2024 (including non-fee earning dry powder and in-house cross holdings)
Schroders plc
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £773.7 billion (€912.6 billion; $978.1 billion) of assets under management at 30 June 2024. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 6,000 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Schroder family continues to be a significant shareholder, holding approximately 44% of the issued share capital.
Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.
Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.
[1] As of 30 June 2024 (including non-fee earning dry powder and in-house cross holdings)
[2] As of 30 June 2024 (including non-fee earning dry powder and in-house cross holdings)