Hargreaves Lansdown (HL) has teamed up with Schroders Capital to offer two private markets Long-Term Asset Funds (LTAFs) on its platform.
According to Hargreaves Lansdown, this marks the first time LTAFs will be available within a SIPP, providing retail investors with access to long-term alternative investments.
LTAFs allow investors to access alternative assets that were once limited to the wealthy. Eligible investors can invest in global private equity and energy transition projects with Schroders Capital for long-term growth.
The Schroders Global Private Equity LTAF, which is managed by Benjamin Alt, invests in over 270 small- and mid-sized companies across the US, Europe, and Asia, focusing on technology and healthcare.
The Schroders Global Energy Infrastructure LTAF invests in more than 180 renewable energy projects, like wind farms, solar parks, and battery storage. It is managed by Schroders Greencoat, which oversees about £9.7 billion in assets worldwide.
Both funds have discounted Q1 share classes for HL clients. They can be accessed through HL accounts, including SIPPs, with a minimum investment of £10,000. From April 2026, they will also be available in Stocks & Shares ISAs.
Hargreaves Lansdown head of platform investments Emma Wall says: “As the UK’s largest retail investment platform, we are excited to offer our clients the chance to invest in Long-Term Asset Funds week commencing 15 September. Our business has been built upon the mission to democratise investing – and we see this as a milestone for the accessibility of private markets for individual investors in the UK. For retail investors with a long-term investment horizon, the appropriate knowledge and resources, and as part of a well-diversified portfolio, private markets can play an important role in delivering unique growth opportunities beyond what is typically available in public markets.
“LTAFs offer retail investors a unique opportunity to access a wide range of alternative assets including private market investments through a fund structure specifically designed to invest in less-liquid assets. Our client and digital teams have worked closely with our colleagues in legal and compliance to ensure that HL’s online journey is both simple to navigate but, more importantly, implements the right restrictions and risk controls associated with restricted mass market investments such as LTAFs.
“We are thrilled to be partnering with Schroders on this project given their deep expertise in the sector, and, alongside our digital VCT service launched last year, we look forward to further developments in offering advanced investing options to our appropriate client segments.”
Schroders Capital director, private markets James Lowe says: “This marks a watershed moment for the accessibility of private markets for eligible retail investors in the UK. Our partnership with Hargreaves Lansdown combines the best of Schroders Capital’s global private markets expertise and tailored Long Term Asset Funds with Hargreaves Lansdown’s innovative, digital-led approach to offering advanced investment options.
“Schroders Capital has led the way in broadening access to private markets in the UK through our dedicated Long-Term Asset Funds. We are excited to offer our two globally diversified LTAFs, providing a wider set of investors with a new access point to invest into high-growth private businesses and essential global energy infrastructure, benefiting from the diversification and return potential unique to private markets.”