| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 224.45 | -61 |
| Intrinsic value (DCF) | 192.32 | -66 |
| Graham-Dodd Method | 4.19 | -99 |
| Graham Formula | 33.70 | -94 |
CT Private Equity Trust PLC (CTPE.L) is a London-listed investment trust specializing in private equity investments across secondary indirect, direct, and fund-of-funds strategies. The trust focuses on private equity funds, buyout funds, venture capital, and mezzanine financing, with a geographic emphasis on the UK, Europe, and the US, while maintaining exposure to emerging markets. With a mid-market bias, CTPE invests in a diversified portfolio of mid-cap companies, adhering to strict asset allocation limits to mitigate risk. Operating in the competitive asset management sector, the trust provides investors with access to high-growth private equity opportunities typically reserved for institutional investors. Its disciplined investment approach and global remit position it as a compelling option for investors seeking private equity exposure within a publicly traded vehicle.
CT Private Equity Trust PLC offers investors a unique opportunity to gain exposure to private equity through a liquid, publicly traded vehicle. The trust's diversified portfolio, geographic focus on developed markets, and strict investment limits provide a balanced risk-reward profile. With a net income of £19.7 million and a dividend yield supported by a £28.04 per share payout, CTPE appeals to income-focused investors. However, risks include exposure to illiquid private equity assets, market volatility, and reliance on fund performance. The trust's low beta (0.81) suggests relative stability compared to broader equity markets, but its negative operating cash flow (-£6.3 million) warrants caution. Investors should weigh the potential for long-term capital appreciation against the inherent risks of private equity investing.
CT Private Equity Trust PLC competes in a niche segment of the asset management industry, offering retail and institutional investors access to private equity through a listed vehicle. Its competitive advantage lies in its diversified approach, combining secondary, direct, and fund investments while maintaining strict allocation limits to manage risk. The trust's UK and European mid-market bias differentiates it from global private equity giants, allowing for targeted exposure to high-growth regional opportunities. However, its smaller scale compared to larger private equity firms may limit access to top-tier funds and co-investment opportunities. The trust's structure as a closed-end fund provides stability but may trade at a discount to NAV during market downturns. Its ability to navigate the illiquid nature of private equity investments while providing liquidity to shareholders is a key differentiator, though performance remains heavily dependent on underlying fund managers' expertise.