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CT Private Equity Trust commits $15m to two funds

The UK investment trust has backed funds from Hg and Northern Gritstone.

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Name: CT Private Equity Trust
HQ: Edinburgh, UK
AUM: £521.1 million ($603.1 million; €607.46 million )

CT Private Equity Trust has committed $10 million to Hg Saturn 3 and £5 million to Northern Gritstone, according to its June 2022 interim report.

Hg Saturn 3 was expected to raise above its $8.5 billion target. Northern Gritstone is a new fund focused on university spin-outs and other sectors in the north of England.

CT Private Equity Trust currently distributes 48.3% of its portfolio towards buyout funds.

As illustrated below, CT Private Equity Trust’s recent commitments have tended to focus on funds that invest across Western Europe.

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