
Ex-HQ Capital CEO moves to Schroders
Schroders, the $593bn asset manager, has appointed Georg Wunderlin for the newly created role of global head of private assets, effective from May.
Based in London and Frankfurt, Wunderlin will report to group chief executive Peter Harrison. He will also join the firm’s group management committee.
Wunderlin's responsibilities include developing and executing Schroders’ private assets growth strategy and enabling the business to better deliver private assets-focused investment solutions to clients.
Schroders manages £35.8bn within its private assets and alternatives business on behalf of its clients, and its capabilities include private equity, small and medium-sized lending, secured credit, real estate and insurance-linked securities.
Wunderlin’s appointment comes as Schroders has a core strategic focus on developing the firm’s private assets business, in a bid to serve its clients’ appetite for illiquid assets.
Schroders and KKR recently backed a €1bn direct lending fund to be managed by Dutch manager Neos in 2018. Both Schroders and KKR will support Neos in execution and portfolio management, drawing on Neos's local market knowledge for origination.
Wunderlin joins from HQ Capital, where he served as CEO.
He has previously worked for Auda International as CEO, a role he retained after Auda, Real Estate Capital Partners and Equita were combined in 2015 to form HQ Capital.
Wunderlin will leave HQ Capital at the end of March, and Bernd Türk will replace him. Türk joins from Harald Quandt Holding.
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