The firm, founded by a former StepStone partner, focuses on GP-leds and direct secondaries.
The new designation reflects Schroders Capital's commitment to the increasing GP-led opportunity set, a spokesperson tells Secondaries Investor.
The secondaries giant expects to hold the final close on its ASF IX programme by the end of the year, Secondaries Investor has learned.
Public pension fund documents have shed light on how many managers Pantheon Credit Opportunities III plans to invest with and its expected geographic makeup.
More capital was raised in the third quarter of this year than the entire first half, fundraising data from Secondaries Investor shows.
LGT Capital Partners' Crown Global Secondaries VI exceeded its $6bn target, as well as the size of its predecessor, which closed on $4.5bn in 2021.
CollerCredit will be seeded by $250m of capital from global investors as interest in semi-liquid products for private wealth investors in secondaries soars.
StepStone Secondary Opportunities Fund V raised $4.8bn and is already 50% committed.
The firm has launched its third secondaries vehicle, Japan Private Equity Opportunity 2024.
W-Prime VI's target is more than double the amount the direct secondaries specialist raised for its predecessor vehicle.