Funds

Introduction

The Funds pool contains investments in private and public equity funds in the UK, Europe, US and Asia. Investment through funds enables us to broaden our geographic and sector spread, by taking advantage of managers' specialist knowledge and ensures exposure to areas of the world where we are less willing to invest directly.

The nature of the longer term investment process within the Funds pool requires the continuous origination and investment in new funds, to ensure both effective vintage management and a balance between maturing funds and those at the initial stages, where returns are naturally phased to later years.

 

ASI logo.jpgAberdeen US PEFund of funds
First invested
2013
Residual cost
£60.3m
Value
£91.9m
Pool
16.5%
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Axiom Logo 2017 for website.jpgAxiom AsiaFund of funds
First invested
2012
Residual cost
£31.2m
Value
£47.8m
Pool
8.6%
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JF Lehman logo for website.jpgJF LehmanPrivate equity funds
First invested
2011
Residual cost
£20.9m
Value
£38.1m
Pool
6.8%
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Figures as at 30 September 2019.