Schroders Capital creates $30bn private debt and credit alternatives business

The Private Debt and Credit Alternatives business will comprise real asset debt, structured and corporate credit, specialty finance and impact lending. It will initially oversee $30bn in assets under management and will be home to more than 100 investment professionals. The unit will be led by Michelle Russell-Dowe and Stephan Ruoff, who will serve as co-heads and report to Georg Wunderlin, global head of private assets. Based in the US, Russell-Dowe and Ruoff will maintain their responsibilities as global head of securities product and asset-based finance, and global head of insuranc...