abrdn Private Equity Opportunities (APEO) has recently been trading at discounts to NAV in excess of 40%, way above its long-term average of around 16-17%, suggesting that the market is pricing in an NAV fall comparable to that seen during the GFC. Alan Gauld, APEO’s lead portfolio manager, thinks this is nonsensical, and we agree. Private equity has changed immeasurably since the crisis and APEO’s portfolio is focused on managers invested in cash generative businesses that are able to finance t ....
08 Sep 2022
abrdn Private Equity Opportunities Trust - Laying the foundations for future returns
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abrdn Private Equity Opportunities Trust - Laying the foundations for future returns
abrdn Private Equity Opportunities Trust PLC (APEO:LON) | 552 0 0.0% | Mkt Cap: 846.4m
- Published:
08 Sep 2022 -
Author:
James Carthew | Matthew Read | Jayna Rana -
Pages:
28
abrdn Private Equity Opportunities (APEO) has recently been trading at discounts to NAV in excess of 40%, way above its long-term average of around 16-17%, suggesting that the market is pricing in an NAV fall comparable to that seen during the GFC. Alan Gauld, APEO’s lead portfolio manager, thinks this is nonsensical, and we agree. Private equity has changed immeasurably since the crisis and APEO’s portfolio is focused on managers invested in cash generative businesses that are able to finance t ....