BMO Private Equity Trust (LON: CTPE)

F&C Private Equity Trust was a fund of funds based in Edinburgh, United Kingdom. Established in 1997, the trust engaged in private equity investments through exposure to private equity funds and co-investments in individual companies. The board of directors was responsible for the overall stewardship of the firm, including investment, dividend policies, corporate strategy, gearing, corporate governance procedures and risk management. The trust had the ability to make private equity investments by taking stakes in private equity focused limited partnerships, offshore funds and investment companies. In addition to investing in newly formed private equity funds, the trust also purchased secondary private equity fund interests. The BMO Global Asset Management (EMEA) private equity business, known as BMO PE, managed F&C Private Equity Trust through the F&C Investment Business (Manager). The assets of the firm were managed by the board of directors. This firm is no longer active and is not actively tracked by PitchBook.