Standard Life Private Equity Trust


£555m market cap

361p last close

SLPE’s objective is to achieve long-term capital gains through holding a diversified portfolio of private equity funds investing predominantly in Europe with a focus on funds that invest in mid-market buyouts and expansion capital.

Investment summary

Standard Life Private Equity Trust (SLPET) has broadened its opportunity set through the recent revision to its investment objective and policy, allowing it to make direct co-investments alongside private equity managers. While offering potential for improved returns, co-investments will only be introduced to the portfolio gradually and SLPET remains focused on maintaining a concentrated exposure to ‘best in class’ primary private equity fund opportunities, investing mainly in funds with a European focus. SLPET’s NAV total return has outperformed the LPX Europe index NAV return over one, three, five and 10 years. The trust pays dividends quarterly and its 3.7% prospective yield is the second highest among the five dividend-paying funds in its private equity fund of funds peer group.

Share price graph
Price performance
Actual 4.6 (5.0) 6.8
Relative* 3.3 (5.1) 10.3
52-week high/low 384.5p/320.0p
*% relative to local index
Key management
Roger Pim Fund manager

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