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IN BRIEF: abrdn Private Equity net asset value rises in first quarter

25th Apr 2022 10:40

abrdn Private Equity Opportunities Trust PLC - Edinburgh-based investor in private equity funds focused on Europe - Increases net asset value in the quarter ended December 31, the investor's financial first quarter. Net asset value per share climbs by 4.7% to 705.2 pence from 673.8p the quarter before. Total net assets rise to GBP1.08 billion from GBP1.04 billion a quarter ago. Investment manager expects an indirect impact of the war in Ukraine on its portfolio, such as increased energy and raw material pricing.

The company changed its name from Standard Life Private Equity Trust PLC in early April.

Current stock price: 498.40 pence, down 1.1% on Monday

12-month change: up 4.3%

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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