Schroders Launches Semi-Liquid High Income Credit ELTIF to Bridge Public and Private Corporate Debt

Schroders Launches Semi-Liquid High Income Credit ELTIF to Bridge Public and Private Corporate Debt

(IN BRIEF) Schroders has introduced the Schroders Capital Semi Liquid High Income Credit ELTIF, an actively managed investment vehicle that allocates across high yield bonds, syndicated loans and private direct lending in one flexible credit portfolio. Backed by €100 million of seed capital, the fund aims to capture risk-adjusted opportunities across the evolving corporate credit continuum, offering diversification, attractive income potential and alpha generation. Managed by Henry Craik-White, Amit Staub and Daniel Pearson, the ELTIF will operate under a semi-liquid structure with daily NAV and monthly redemptions. The launch builds on Schroders’ established public and private credit expertise and benefits from ELTIF 2.0 reforms, which broaden private market access for European investors.

(PRESS RELEASE) LONDON, 4-Dec-2025 — /EuropaWire/ — Schroders has announced the launch of Schroders Capital Semi Liquid High Income Credit, a new actively managed ELTIF designed to give investors access to a flexible corporate credit strategy spanning both public and private markets. The fund brings together high yield bonds, syndicated loans and private direct lending within one vehicle, allowing dynamic allocation across the corporate credit spectrum as market conditions shift.

Developed under the Schroders Capital Semi-Liquid fund structure, the new strategy expands the platform’s existing private market capabilities, which already include vehicles in private equity, venture capital, infrastructure, private credit and real estate. Schroders is supporting the rollout with €100 million in seed capital, underscoring its commitment to private credit growth and the ongoing convergence of public and private financing.

The fund embraces the concept of a “corporate credit continuum”, enabling investors to capture relative value opportunities across European credit markets by reallocating between instruments as spreads, risk profiles or liquidity conditions evolve. By combining multiple forms of corporate credit exposure, the portfolio aims to deliver steady income, diversification benefits, and alpha potential from a broad investment universe.

To accommodate investor needs, the ELTIF will provide daily NAV, daily subscriptions, and monthly redemptions, reflecting the liquidity characteristics of the underlying assets.

The portfolio will be run by a team of three specialist leveraged finance managers — Henry Craik-White, Amit Staub and Daniel Pearson — supported by Schroders’ established European Credit research platform. Working collaboratively, the investment team will focus on fundamental analysis and bottom-up selection to identify the most attractive risk-adjusted opportunities in real time.

Henry Craik-White, Lead Fund Manager at Schroders, commented:
“Public and private corporate finance are increasingly blending as companies seek greater funding flexibility. European borrowers now move between private loans, syndicated loans and bonds depending on market conditions — and we believe investors should have the same freedom to capture pricing dislocations across formats.”

Patrick Vogel, Head of European Credit at Schroders, added:
“This new ELTIF challenges traditional boundaries by bringing public and private corporate credit together in one integrated strategy. Clients gain access to attractive income potential alongside the ability for active management to deliver alpha. Our approach is rooted in high-conviction research across both direct lending and bond markets.”

Schroders’ global credit platform manages over €10 billion in leveraged finance AUM and brings more than 100 years of combined leveraged finance experience, supported by a 40-person research team. The launch also aligns with ELTIF 2.0, the updated regulatory framework introduced in 2024 to expand investor access to private assets with greater operational flexibility.

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Schroders plc

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £776.6 billion (€906.6 billion; $1064.2 billion) of assets under management at 30 June 2025. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 5,800 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Principal Shareholder Group continues to be a significant shareholder, holding approximately 44% of the issued share capital.

Schroders’ success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.

Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

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SOURCE: Schroders