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Global asset management group Schroders has announced the hire of a new distribution lead for its private assets unit, with Peter Arnold set to head up the Alternative Sales Unit which includes the firms insurance-linked securities (ILS) strategies.

Arnold, who joins Schroders from Citi Group, is an experienced senior private assets distribution lead, who most recently held the role of Global Head of International Fund Distribution at Citi. Before his time at Citi he worked at JP Morgan, UBS and Societe Generale.

In his recent role at Citi he specialised in private debt, real estate and global infrastructure, working on both the origination and distribution of third-party private assets strategies to global institutional investors.

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