BNP Paribas appointed by Schroders as asset servicing partner
13 May 2025 UK
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BNP Paribas’ Securities Services has agreed a mandate with Schroders, on behalf of Future Growth Capital (FGC), to provide UK pension schemes with access to UK and global private markets.
Julien Kasparian, regional head for the UK and Middle East at BNP Paribas’ Securities Services, comments: “This mandate is an extension of our longstanding partnership with Schroders, demonstrating an ideal fit between their strategic needs and BNP Paribas’ global offering.
“It also highlights our continued efforts to support new and emerging fund structures in key markets. We look forward to supporting FGC in delivering on this important agenda for the UK pension market.”
BNP Paribas will provide fund administration, global custody and loan administration services in the launches of two new UK Qualifying Asset Holding Company (QAHC) fund structures.
James Harvey, chief financial officer and chief operating officer at FGC, says: “We see a depth of opportunity in the UK private markets, to which UK pension schemes are under allocated, and we are excited about the opportunity we have to enhance pension outcomes while also investing much needed capital here in the UK.”
Peter Arnold, chief operating officer at Schroders Capital, adds: “Together with BNP Paribas and FGC, we have demonstrated great collaboration in the successful launch of the QAHC structures. As we continue our path together, we aim to build out the partnership with BNP.”
Julien Kasparian, regional head for the UK and Middle East at BNP Paribas’ Securities Services, comments: “This mandate is an extension of our longstanding partnership with Schroders, demonstrating an ideal fit between their strategic needs and BNP Paribas’ global offering.
“It also highlights our continued efforts to support new and emerging fund structures in key markets. We look forward to supporting FGC in delivering on this important agenda for the UK pension market.”
BNP Paribas will provide fund administration, global custody and loan administration services in the launches of two new UK Qualifying Asset Holding Company (QAHC) fund structures.
James Harvey, chief financial officer and chief operating officer at FGC, says: “We see a depth of opportunity in the UK private markets, to which UK pension schemes are under allocated, and we are excited about the opportunity we have to enhance pension outcomes while also investing much needed capital here in the UK.”
Peter Arnold, chief operating officer at Schroders Capital, adds: “Together with BNP Paribas and FGC, we have demonstrated great collaboration in the successful launch of the QAHC structures. As we continue our path together, we aim to build out the partnership with BNP.”
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