AP
LP profile
abrdn Private Equity
Fund of fund · Founded 2005 · Edinburgh, United Kingdom
18
VC firms backed
$330M
AUM
01 · Background
Who abrdn Private Equity is.
- Historical Background
- The entity operates as an investment trust, providing public market access to private equity assets. It was previously known as Standard Life Private Equity Trust before a name change in 2021 to abrdn Private Equity Opportunities Trust plc.
- Source of Capital
- As a publicly traded investment trust on the London Stock Exchange, capital is sourced from a wide range of public market investors. These investors gain exposure to a portfolio of private equity assets through their purchase of the trust's shares.
- Major Events
- In 2021, the trust was renamed from Standard Life Private Equity Trust to abrdn Private Equity Opportunities Trust plc as part of a wider corporate rebranding. In October 2023, the trust's board agreed to terms for a combination with Patria Investments, leading to another name change to Patria Private Equity Trust plc. The investment management team from abrdn was to continue managing the portfolio under a sub-advisory agreement with Patria.
- Allocation Strategy
- The trust's stated objective is to achieve long-term total returns by investing in a diversified portfolio of private equity assets. Geographically, the portfolio maintains a majority focus on opportunities within Europe. The investment approach combines commitments to private equity funds with direct co-investments into private companies alongside established private equity managers.
02 · Fund commitments
The funds abrdn Private Equity backs.
abrdn Private Equity is a limited partner in 18 funds. 6 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
New Enterprise Associates
#8 Power Law
Index Ventures
#11 Power Law
Atlas Venture
#53 Power Law
Northzone
#224 Power Law
Tenaya Capital
#449 Power Law
StepStone Group
#497 Power Law
3i Group
Abingworth
Advent International
American Capital
Ardian
Doughty Hanson Technology Ventures
EQT Group
Pine Brook Partners
Rembrandt Venture Partners
Rho Acceleration
SV Health Investors
WindRose Health Investors
03 · Allocation
How abrdn Private Equity’s fund book is spread.
The 18 funds abrdn Private Equity backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 1056%
- Europe 844%
United States 10 · United Kingdom 6 · France 1 · Sweden 1
How established those managers are
Managers grouped by how many funds they have raised — across the 11 of 18 with a fund history on record.
Emerging funds · 1
Established funds · 10
1
1
2
3
4
2
5-6
1
7-9
3
10-14
4
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other funds of funds in the Power Law LP ranking, closest to abrdn Private Equity by combined power-law score — Europe first, then the nearest worldwide.
🇩🇰
ATP Private Equity Partners
$18B AUM
55 VC funds backed
🇨🇭
LGT Capital Partners
$100B AUM
56 VC funds backed
🇺🇸
Commonfund
$16B AUM
42 VC funds backed
🇺🇸
TrueBridge Capital Partners
$9.6B AUM
9 VC funds backed
🇮🇪
Ireland Strategic Investment Fund
$15B AUM
72 VC funds backed
🇺🇸
Park Street Capital
$8.0B AUM
26 VC funds backed
🇩🇪
KfW Capital
$3.0B AUM
71 VC funds backed
🇩🇪
VCM Capital Management
21 VC funds backed