Phoenix Group and Schroders to launch private markets investment manager

Future Growth Capital to promote objectives of the Mansion House Compact

Jonathan Stapleton
clock • 3 min read
Schroders' Peter Harrison and Phoenix Group's Andy Briggs
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Schroders' Peter Harrison and Phoenix Group's Andy Briggs

Phoenix Group and Schroders have formed a strategic partnership to launch a private markets investment manager, Future Growth Capital (FGC).

The asset management partnership will have an initial commitment of £1bn and aim to deploy a total of £10-20bn of investor funds into UK and global private markets over the next decade. Phoenix ...

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