Schroders Capital raises $600 million to invest in the field of generative AI

According to Tech Funding News, Schroders Capital, the private equity arm of asset management giant Schroders, announced the completion of its eleventh "Global Innovation Fund" fundraising, with a total amount of $600 million, focusing on the areas of generative AI and security. This fund covers primary, co invested, direct invested, and secondary markets, targeting the world's top, restricted access innovative funds, with investors including pension funds, insurance, and family offices.