LP profile · Fund of fund
abrdn Private Equity
abrdn Private Equity is a fund of fund headquartered in United Kingdom (Europe). Ranked #196 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
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.
Sources
- https://www.patriaprivateequitytrust.com/
- https://markets.ft.com/data/investment-trust/tearsheet/profile?s=PPET:LSE
- https://www.abrdn.com/docs?editionId=2d98cbec-8ce3-4580-8263-1110c28fe895
- https://www.privateequityinternational.com/institution-profiles/abrdn.html
- https://pitchbook.com/profiles/company/65626-75