Schroders is looking to give ADDed zip to its private equity business following confirmation that has entered into partnership with the Singapore-based private markets platform, ADDX. The new partnership will give accredited investors access to a semi-liquid global private equity strategy with a particular focus on the lower middle-market.
Blackstone is hoping to hit the European jackpot as it aims to expand its private wealth business into at least two new European markets in 2025. Over the last four years the US investment behemoth has seen its private wealth AUM increase from just over $100 billion in 2020 to approximately $250 billion with Italy and France proving to be significant drivers of that growth.