Schroders Capital, the specialist private markets division of the Schroders Group, has appointed Ingo Heinen as the global head of business development and product.

In this newly-created role, Ingo will drive business development globally in partnership with Schroders’ Client Group and lead the evolution and management of Schroders Capital’s products and solutions, focused on delivering market-leading investment solutions for clients.

This senior appointment marks the latest significant milestone in expanding Schroders Capital’s global platform, which currently provides investors with access across a variety of asset classes, including real estate, infrastructure and private equity, as well as private debt and credit alternatives investments. During 2023, Schroders Capital generated $11.6 billion of fundraising across this suite of private market capabilities.

Schroders Capital boasts a track record of innovation, having launched the UK’s first Long-Term Asset Fund last year, Climate+, and, earlier this month, being awarded £150 million by the British Business Bank to invest in UK science and tech companies.

With his extensive sales and product development background, he will spearhead Schroders Capital’s private markets fundraising efforts, engaging with clients worldwide.Ingo brings significant experience to the role, previously serving as the Head of Marketing and Client Relations, EMEA, at Intermediate Capital Group (ICG), a global alternative asset manager in London. At ICG, he led the fundraising team across EMEA and was responsible for raising capital across private and liquid credit, private equity, real estate and infrastructure.

Previously, Ingo also spent ten years at BlackRock, where he built and led the fundraising team for the alternative investments business in EMEA. Over the preceding decade, Ingo worked in derivatives structuring, product development, and fund-linked sales at RBS, Nomura, and Merrill Lynch.

Georg Wunderlin, global head of private assets, Schroders Capital, said: “Ingo’s hire marks an important milestone, underpinning Schroders Capital’s growth ambitions in private markets as we aim to deliver the best investment solutions for our clients across the world. Ingo brings a wealth of business development and product experience from the top-tier of our industry and his arrival will greatly bolster our business at a time when investors globally are increasingly allocating to private markets to enhance the quality of their investment portfolios.”

Ingo Heinen, global head of business development and product, Schroders Capital, said: “I am delighted to join Schroders Capital at a very exciting time; the business is at an inflection point having grown extensively over the past five years and this momentum is set to accelerate further as clients increasingly look to Schroders Capital for their private markets investment needs. I am looking forward to delivering the client perspective to Schroders Capital’s investment engine and to delivering Schroders Capital to private markets allocators globally in partnership with the existing teams.”