{
  "title": "Nuveen Completes Acquisition of Schroders, Creating a $2.6 Trillion Manager",
  "publisher": "Acquiry Deal Intelligence",
  "author": "Joash Boyton",
  "url": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/",
  "published": "2026-10-01",
  "researchCutoff": "2026-10-01",
  "licence": "Free to reference with attribution to Acquiry Deal Intelligence and a link to the source URL.",
  "rows": [
    {
      "dataset": "key-figures",
      "id": "stat-cash-per-share",
      "label": "Cash paid to Schroders shareholders per share",
      "value": "£5.90",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/recommended-cash-acquisition-of-schroders-plc-by-nuveen-llc-302686145.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-cash-per-share"
    },
    {
      "dataset": "key-figures",
      "id": "stat-fully-diluted",
      "label": "Fully diluted value of the transaction, as announced",
      "value": "Up to £9.9bn",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/recommended-cash-acquisition-of-schroders-plc-by-nuveen-llc-302686145.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-fully-diluted"
    },
    {
      "dataset": "key-figures",
      "id": "stat-days-to-close",
      "label": "From announcement to completion",
      "value": "231 days",
      "provenance": "calculated",
      "sources": "https://www.prnewswire.com/news-releases/recommended-cash-acquisition-of-schroders-plc-by-nuveen-llc-302686145.html | https://www.prnewswire.com/news-releases/nuveen-completes-acquisition-of-schroders-302895276.html | https://www.acquiry.com/deal-intelligence/",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-days-to-close"
    },
    {
      "dataset": "key-figures",
      "id": "stat-aum-growth",
      "label": "Combined AUM, announcement to completion",
      "value": "$2.5tn → $2.6tn",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/recommended-cash-acquisition-of-schroders-plc-by-nuveen-llc-302686145.html | https://www.prnewswire.com/news-releases/nuveen-completes-acquisition-of-schroders-302895276.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-aum-growth"
    },
    {
      "dataset": "key-figures",
      "id": "stat-private-markets",
      "label": "Size of the combined firm's private markets platform",
      "value": "$400bn",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/nuveen-completes-acquisition-of-schroders-302895276.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-private-markets"
    },
    {
      "dataset": "key-figures",
      "id": "stat-markets",
      "label": "Markets in which the combined firm has a presence",
      "value": "40+",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/nuveen-completes-acquisition-of-schroders-302895276.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-markets"
    },
    {
      "dataset": "key-figures",
      "id": "stat-london-headcount",
      "label": "Professionals in the combined firm's new non-US headquarters, London",
      "value": "3,100+",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/recommended-cash-acquisition-of-schroders-plc-by-nuveen-llc-302686145.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-london-headcount"
    },
    {
      "dataset": "key-figures",
      "id": "stat-trustee-support",
      "label": "Of Schroders shares committed to vote in favour before the wider shareholder vote",
      "value": "~41%",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/recommended-cash-acquisition-of-schroders-plc-by-nuveen-llc-302686145.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#stat-trustee-support"
    },
    {
      "dataset": "comparables",
      "id": "nuveen-schroders",
      "label": "Nuveen (TIAA) / Schroders (2026-02-12)",
      "value": "$Up to £9.9bnbn",
      "provenance": "disclosed",
      "sources": "https://www.prnewswire.com/news-releases/recommended-cash-acquisition-of-schroders-plc-by-nuveen-llc-302686145.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "blackrock-hps",
      "label": "BlackRock / HPS Investment Partners (2024-12-03)",
      "value": "$~US$12bnbn",
      "provenance": "reported",
      "sources": "https://www.blackrock.com/corporate/newsroom",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "blackrock-gip",
      "label": "BlackRock / Global Infrastructure Partners (2024-01-12)",
      "value": "$~US$12.5bnbn",
      "provenance": "reported",
      "sources": "https://www.blackrock.com/corporate/newsroom",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "franklin-putnam",
      "label": "Franklin Resources / Putnam Investments (2023-05-31)",
      "value": "$~US$925m base, up to US$1.3bnbn",
      "provenance": "reported",
      "sources": "https://www.franklinresources.com/newsroom",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "trowe-oakhill",
      "label": "T. Rowe Price / Oak Hill Advisors (2021-10-18)",
      "value": "$~US$3.3bn initial, up to US$4.2bnbn",
      "provenance": "reported",
      "sources": "https://www.troweprice.com/corporate/en/newsroom.html",
      "permalink": "https://www.acquiry.com/deal-intelligence/nuveen-completes-acquisition-of-schroders/#figure-comparables"
    }
  ]
}