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Schroders Capital
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Schroders Capital

Schroders' private-markets alternatives arm; led Multiverse's $70m Series E in May 2026.

Last refreshed: 21 May 2026 · Appears in 1 active topic

Key Question

Why did Schroders Capital lead Multiverse's round as the government launched its workforce AI unit?

Timeline for Schroders Capital

#514 May

Led Multiverse $70m Series E

UK Startups and Innovation: Multiverse hits $2.1bn on first cash quarter
View full timeline →
Common Questions
What is Schroders Capital and how is it different from Schroders?
Schroders Capital is the private-markets and alternatives Arm of Schroders plc, managing over £60bn in private equity, credit, real estate and infrastructure, separate from Schroders' public-markets fund management business.Source: Schroders
Why did Schroders Capital invest in Multiverse?
Schroders Capital led Multiverse's $70m Series E in May 2026 after Multiverse reported 50% revenue growth and its first cash-positive quarter in Q1 2026, providing the commercial fundamentals an alternatives manager requires.Source: Tech.eu
How much does Schroders Capital manage?
Schroders Capital manages over £60bn in alternative assets; the broader Schroders group manages approximately £750bn across all strategies.Source: Schroders

Background

Schroders Capital is the private-markets and alternatives division of Schroders plc, one of the UK's largest listed asset managers with approximately £750bn in assets under management. Schroders Capital covers private equity, private credit, real estate, infrastructure and natural capital, managing over £60bn in alternative assets. It operates globally with significant European exposure and is increasingly active in growth-stage technology investment.

On 15 May 2026, Schroders Capital led a $70m Series E round in Multiverse at a $2.1bn valuation . Multiverse, the workforce upskilling platform founded by Euan Blair, reported revenue up 50% year-on-year and Q1 2026 as its first cash-positive quarter, providing the commercial fundamentals for an alternatives manager to lead rather than follow. The timing was three days before DSIT announced a cross-government AI and Future of Work Unit with a target to upskill 10 million people by 2030.

Schroders Capital's decision to lead a UK edtech round at Series E reflects a broader shift among European alternatives managers into late-stage growth equity, competing in a space that US VCs have traditionally dominated. For Multiverse, having a large UK institutional investor lead the round rather than a Silicon Valley firm provides balance-sheet credibility and a different kind of patient capital, oriented toward profitability rather than hyperscale. The round also cements Schroders Capital's position as an active participant in the UK AI workforce economy at a moment of sustained government attention.

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