abrdn Private Equity Opportunities Trust

abrdn Private Equity Opportunities Trust (LSE: APEO)

Currency in GBP

Last close As at 25/09/2023

GBP4.41

▲ 11.00 (2.56%)

Market capitalisation

GBP678m

Overview
Price performance
Financials
Research
Sector insights
Thematics

abrdn Private Equity Opportunities Trust’s (formerly Standard Life Private Equity Trust) investment objective is to achieve long-term total returns through holding a diversified portfolio of private equity (PE) funds and direct investments into private companies alongside PE managers (co-investments), a majority of which will have a European focus.

Latest Insights

Investment Companies |
Update

03.07.23

abrdn Private Equity Opportunities Trust — Coping well with the tough environment

Investment Companies |
Review

20.02.23

abrdn Private Equity Opportunities Trust — So far so good

Update

27.10.22

abrdn Private Equity Opportunities Trust — Valuations holding up, balance sheet solid

Investment Companies |
edison tv

09.09.22

Abrdn Private Equity Opportunities Trust – executive interview

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Sector

Investment Companies

Equity Analyst

Milosz Papst

Director, Financials

Key Management

Alan Gauld

Fund manager

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	5.5	0.2	9.4
Relative	1.9	(1.8)	1.8
52 week high/low	494.0p/368.0p

Overview

abrdn Private Equity Opportunities Trust (APEO) posted a 12-month NAV total return (TR) to end-May 2023 of 7.0%, supported by continued strong portfolio earnings momentum (up 28.7% over the 12 months to end-March 2023 for APEO’s top 50 holdings). Muted global M&A volumes continue to weigh on private equity (PE) exit activity, with APEO’s capital calls in the calendar year to end-May 2023 (£74.0m) outpacing distributions (£54.1m). That said, APEO’s undrawn credit facility and cash of £243.4m at end-May 2023 provide it with decent near-term balance sheet headroom, as these cover 35% of APEO’s outstanding investment commitments (which should be drawn gradually in the coming years).