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-Schroders completes Adveq acquisition

Aug 07, 2017 - Global Banking News
Board and Executive Moves-Mergers and Acquisitions

Global Banking News - 07 August 2017

UK-based Schroders Plc has said that it has completed the acquisition of Adveq, an asset manager investing in private equity globally.

The acquisition, which was announced in April 2017, has now received approval from the regulators. Following the acquisition, Adveq has been renamed Schroder Adveq. Stephen Mills has joined the Schroder Adveq board as executive chairman. Bruno Raschle, founder of Schroder Adveq, remains on the board as a non-execut...