Report
David Johnson ...
  • Matthew Read

abrdn Private Equity Opportunities Trust – Unrecognised success

Given that abrdn Private Equity Opportunities Trust (APEO) is one of a limited number of ways in which investors can access a diverse pool of private equity managers, and that it has also produced long-term returns ahead of comparable equity indices and its peer group average, it might be reasonable to think that its shares would trade reasonably close to NAV. However, that is clearly not the case currently. APEO continues to trade on a stubbornly wide discount of 42.0%, possibly due to investors’ fears around valuations or market outlook, both of which could be misplaced.

The APEO team has been increasing its allocation to co-investments, which, all things being equal, should make the fund a more attractive opportunity, by reducing its underlying fees, and making APEO a better reflection of the team’s highest conviction investments.
Underlying
Standard Life Private Equity Trust

Standard Life Private Equity Trust carries on business as an investment trust. The principal focus of Co. is to invest in private equity funds and to manage exposure through the primary and secondary funds markets. Co. invests only in private equity funds, but occasionally may hold direct private equity investments or quoted securities as a result of distributions in specie from its portfolio of fund investments. Co. board has contractually delegated the management of the investment portfolio to the manager, SL Capital Partners LLP.

Provider
QuotedData Retail
QuotedData Retail

​QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments. 

Analysts
David Johnson

Matthew Read

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