Aberdeen Private Equity Fund (APEF)

Business description

Aberdeen Private Equity Fund Ltd (APEF) is a private equity (PE) fund of funds, diversified by geography, investment type and stage, but with a high weighting to technology and venture capital that has helped it to achieve strong NAV and share price performance over the past year. A cash buffer of c 15% is held to meet commitments without having to liquidate portfolio holdings. The investment process focuses on detailed due diligence to ensure robustness of underlying manager selection. The discount to NAV has been stable at c 20-25% over the past year, but there is scope for it to narrow to a level more in line with peers.

Stock data

Market cap.£132.6m
Last close121.50p
High / Low (52 weeks)121.5p / 86.0p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

The Liberum Capital Initiates Coverage on Aberdeen Private Equity Fund Ltd ...

Sat, 22 Apr 2017 02:03:45 GMT

Aberdeen Acquires Arden Asset Management, Growing Global Alternatives ...

Mon, 04 Jan 2016 15:11:15 GMT

Aberdeen adds to US private equity team

Thu, 08 Sep 2016 19:40:48 GMT

Private equity: a state of constant renewal

Tue, 14 Mar 2017 09:56:15 GMT

Standard Aberdeen: analysts eye investment trust overlap

Mon, 06 Mar 2017 09:33:45 GMT

Investment summary

Aberdeen Private Equity Fund (APEF) provides access to a globally diversified portfolio of private equity funds and co-investments with a bias towards the US and technology. Recent changes to the manager’s corporate structure have not specifically affected the fund but have brought direct investment and Asian expertise in-house. Share price performance ytd has been flat, while NAV gains have widened the discount. As the cycle matures there may be scope for it to narrow again, realisations may be the catalyst.

Last updated on 16/11/2015

Company address

Bow Bells House
1 Bread Street
London
EC4M 9HH
United Kingdom
+44 (0)20 7463 6000
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