Schroders and Apollo Form Strategic Partnership to Build Next-Generation Hybrid Wealth and Retirement Solutions

Schroders and Apollo Form Strategic Partnership to Build Next-Generation Hybrid Wealth and Retirement Solutions

(IN BRIEF) Schroders and Apollo have launched a strategic partnership to co-develop a new generation of hybrid wealth and retirement investment solutions that combine Schroders’ public market expertise and Schroders Capital’s private markets capabilities with Apollo’s large-scale private credit and alternatives platform the collaboration will initially focus on creating blended public-private fixed income products for the UK wealth market with a first launch expected later in 2026 while also preparing a Collective Investment Trust for the US defined contribution market in Q2 2026 senior leaders from both firms framed the partnership as highly complementary and aligned with rising global demand for diversified income solutions with early client interest suggesting the potential for multi-billion-dollar annual flows.

(PRESS RELEASE) LONDON, 9-Feb-2026 — /EuropaWire/ — Schroders and Apollo have entered into a strategic partnership designed to create a new generation of wealth and retirement investment solutions that combine public and private market expertise, with the stated ambition of generating multi-billion-dollar annual inflows from both new and existing clients over time.

The collaboration brings together Schroders’ long-established capabilities in active public market management and its private markets platform, Schroders Capital, with Apollo’s extensive private markets and credit franchise. By integrating their complementary strengths, the two firms aim to expand the range of hybrid investment solutions available to wealth and retirement investors in both the UK and the US.

A central focus of the partnership will be the further development of solutions for the UK wealth market. Schroders and Apollo intend to jointly design and launch new investment products that blend public and private fixed income exposures drawn from across Schroders, Schroders Capital, and Apollo’s platforms. These products are expected to target enhanced income generation, broader diversification, and improved risk-adjusted returns across the credit spectrum. The first such offering is anticipated to be introduced later in 2026. In parallel, Schroders will have the opportunity to allocate to selected Apollo strategies from certain existing client portfolios where these capabilities complement its own private markets exposure.

In the United States, the firms are preparing to launch a Collective Investment Trust for the defined contribution pension market in the second quarter of 2026. This vehicle is expected to combine complementary exposures from both Schroders Capital and Apollo, addressing growing demand among retirement plan providers for diversified, hybrid solutions that integrate public and private markets.

The partnership reflects a broader structural shift in investor preferences toward blended investment strategies that seek to balance liquidity, income, and long-term growth. Initial engagement with prospective clients, alongside potential commitments from existing investors, suggests that the collaboration could represent a significant multi-billion-dollar annual opportunity.

Richard Oldfield, Group Chief Executive of Schroders, emphasized that the partnership aligns closely with the firm’s strategic priorities. He described the collaboration as an opportunity to deliver differentiated investment solutions that combine resilience and innovation across both wealth and retirement markets in the UK and the US. He also reiterated that Schroders only pursues partnerships that enhance its existing capabilities, stating that the agreement with Apollo meets this standard and expressing strong enthusiasm for the work ahead.

Marc Rowan, Chief Executive Officer of Apollo Global Management, highlighted Schroders’ reputation and deep investment expertise, noting that the two firms’ complementary strengths position them well to address growing demand for reliable income solutions. He expressed confidence that the partnership would lead to the development of a new generation of hybrid investment products tailored to evolving client needs.

Schroders manages more than $1 trillion in assets and has a long-standing heritage in public equities and fixed income, alongside substantial private markets capabilities through Schroders Capital, including over $38 billion in private debt and credit alternatives. In the UK, the firm has played a leading role in the growth of Long-Term Asset Funds and evergreen structures that provide broader access to private market returns.

Apollo is a leading global asset manager and retirement services provider with approximately $908 billion in assets under management. The firm operates one of the largest alternative credit businesses worldwide, with a strong focus on private investment grade credit origination and tailored financing solutions.

For further information, please contact:

For Apollo:

Noah Gunn
Global Head of Investor Relations
+1 (212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
+1 (212) 822-0491
Communications@apollo.com / EuropeanMedia@apollo.com

Note to Editors

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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.

Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.

Schroders Capital

Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customised private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private market mandates.

The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.

With $111 billion (£81 billion; €94.5 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).

*Assets under management as at 30 June 2025 (including non-fee earning dry powder and in-house cross holdings)

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2025, Apollo had approximately $908 billion of assets under management. To learn more, please visit www.apollo.com.

SOURCE: Schroders