Schroders Capital picks BBH for administration services
11 May 2023 Luxembourg
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Schroders Capital has chosen Brown Brothers Harriman (BBH) as central administrator and depositary bank for its first European Long-Term Investment Fund (ELTIF).
Supporting both public and private markets, BBH’s ELTIF provides a single platform for investors.
The platform allows asset managers to add asset classes and products to their businesses without disruption, with a single source supporting the valuation of all private and public assets, cash positions and accounting data.
Peter Arnold, chief operating officer at Schroders Capital, comments: “We believe that a wider range of investors should have access to the opportunities that private assets can offer. BBH’s ability to support our democratisation journey across public and private strategies has been a key differentiator in our efforts to expand access. We’ve valued their consultative approach when partnering with us on the launch of our first ELTIF.”
Lata Vyas, head of product for alternative funds at BBH, says: “We are proud to have been selected by Schroders Capital and to support them in their goals to make private markets more accessible.
“We’ve worked with many clients to build an efficient operating model that provides an integrated funds servicing experience. Our streamlined technology platform means we’re able to support private and public markets on a single platform.”
Supporting both public and private markets, BBH’s ELTIF provides a single platform for investors.
The platform allows asset managers to add asset classes and products to their businesses without disruption, with a single source supporting the valuation of all private and public assets, cash positions and accounting data.
Peter Arnold, chief operating officer at Schroders Capital, comments: “We believe that a wider range of investors should have access to the opportunities that private assets can offer. BBH’s ability to support our democratisation journey across public and private strategies has been a key differentiator in our efforts to expand access. We’ve valued their consultative approach when partnering with us on the launch of our first ELTIF.”
Lata Vyas, head of product for alternative funds at BBH, says: “We are proud to have been selected by Schroders Capital and to support them in their goals to make private markets more accessible.
“We’ve worked with many clients to build an efficient operating model that provides an integrated funds servicing experience. Our streamlined technology platform means we’re able to support private and public markets on a single platform.”
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