Schroders (Future Growth Capital) UK Private Assets LTAF

Schroders (Future Growth Capital) UK Private Assets LTAF is an open-ended vehicle managed by Schroder Investment Management and domiciled in United Kingdom, launched in 2024 and structured as an authorised contractual scheme operating under the LTAF framework. It is denominated in GBP and run as a multi asset mandate, placing it among 62 multi-asset funds tracked across a universe of 494 vehicles, and among the narrower set of 13 funds that combine that asset class with a United Kingdom domicile. Of the 31 United Kingdom-domiciled funds covered, it sits within the cohort distributing on a domestic basis rather than cross-border, consistent with the LTAF regime's orientation toward UK investors, including defined contribution pension schemes and wealth channels.

The liquidity architecture is the defining operational feature. Capital is accepted on a quarterly basis, while redemptions are processed only annually, and the portfolio is valued at a quarterly cadence, so dealing and pricing points are aligned but entry and exit are deliberately asymmetric. That spacing is intended to let the manager hold illiquid private assets without forcing secondary sales to meet investor outflows; investors should plan around the annual exit window and the lag between a subscription decision and the next published valuation. Because the vehicle is open-ended rather than closed-ended, allocations are made against a standing portfolio rather than through drawdowns over a commitment period.

Reported assets stand at , with a recent direction of travel of , which is relevant context for a vehicle of this vintage given that fund scale influences diversification and the cushion available to meet annual redemptions. Portfolio exposure is distributed as , and the manager's stated return objective is , both of which can be compared against the 62 funds in the same asset class. Figures are stated as of 31 Aug 2026.