The management team of abrdn Private Equity Opportunities (APEO) will remain unchanged following the £100m sale of abdn’s European private equity business, the board said today (17 October).
On Monday (16 October), abrdn announced it had agreed to sell its European-headquartered private equity business, which holds £7.5bn in assets, to Patria Investments in a £100m deal, following the sale of its US private equity and venture capital unit earlier this month. The sale includes abrdn Capital Partners, which is the £1.1bn investment trust's investment manager and Alternative Investment Fund Manager (AIFM). abrdn to sell European private equity business for £100m In a stock exchange notice today (17 October), the board said it had received assurances from abrdn and Patria ...
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