– UK, London – Schroders plc (LON: SDR), today announced the appointment of Fred Wakeman to its Board as an Independent Non-Executive Director, effective 1 January 2024.
“We are very fortunate to have attracted someone of Fred’s experience to our Board. His insights into private equity and private markets more generally will be invaluable as we continue to build Schroders Capital, our private assets business.” said Board Chair, Elizabeth Corley.
Fred Wakeman will also join the Nominations Committee and the Audit and Risk Committee.
About Frederic Wakeman
Between 1998 and 2021, Fred Wakeman served as Managing Partner and Head of TMT at Advent International, a leading global private equity investor. Over that time, Advent increased assets under management from $800m to over $90bn. During his 23-year career, Fred managed Advent’s London and New York offices and served on both their European and North American Investment Advisory Committees.
Fred Wakeman said: “I am delighted to be invited to join the Board of Schroders. Schroders has a long and successful history and I look forward to contributing to the future growth of the business.”
Fred Wakeman started his career at the Bank of New York before moving to GE Capital in 1993. He joined Advent International Corporation in 1998 and became Managing Partner and CEO of Advent International Plc in London. In 2015 he assumed responsibility for Advent’s global technology practice, based in New York.
Since leaving Advent in 2021 he founded Blue Endeavor Ventures, an investment company that focuses on leveraging technology for sustainability. He is also the Co-Founder of Scale-Up Fund, a $25 million philanthropic fund focused on projects targeting climate change and biodiversity in Africa. Fred is a non-executive director of a number of private companies in the sustainability and conservation sectors.
SOURCE: https://www.schroders.com/
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