Schroders Capital taps Federated Hermes for new head of private credit solutions role

Mark Bruen joins as client demand grows

Schroders Capital has appointed the former Federated Hermes executive Mark Bruen as head of private credit solutions in a newly created role.

As client demand for multi-private asset investments continues to grow, Bruen will focus on delivering income oriented solutions. Based in London, he will report into David Seex, the firm's current head of private asset solutions. Commenting on Bruen's appointment, Seex said that the hire demonstrated the growth of the business and the demand Schroders is seeing amongst its clients for solutions in this space.  He added: "Mark brings deep multi-asset class investment knowledge across both public and private credit markets, as well as strong structuring expertise." Amundi hires new ...