watch
Aberdeen Private Equity Fund Limited

Aberdeen Private Equity Fund Limited

Sector: Venture Capital/Private Equity Region: Guernsey


: | London Stock Exchange: APEF


Objective of Aberdeen Private Equity Fund: The investment objective of the Company is to generate long-term capital gains.

About Aberdeen Asset Management Plc: Aberdeen Asset Management Plc is a global investment management group that manages assets for both institutional and retail clients from offices around the world. The company operates independently and only manages assets for third parties, allowing it to focus solely on their needs without conflicts of interest. Its clients access investment expertise across the three asset classes including equities, fixed income and property. The company was founded on July 1, 1983 and is headquartered in Aberdeen, UK.

Executives

Howard Myles, Chairman and Independent Non-Executive Director
Howard was a partner in Ernst & Young from 2001 until June 2007 responsible for the investment funds corporate advisory team. He was previously with UBS Warburg from 1987 to 2001. Howard began his career in stockbroking in 1971 as an equity salesman and joined Touche Ross in 1975 where he qualified as a chartered accountant. In 1978 he joined W. Greenwell & Co in the corporate broking team and in 1987 moved to SG Warburg Securities where he led Warburg’s corporate finance function for investment funds. He is a Fellow of the Institute of Chartered Accountants and a Fellow of the Chartered Institute for Securities and Investment, and is a non-executive director of a number of other listed investment companies.
David S Copperwaite, Independent Non-Executive Director
David S Copperwaite (Independent Non-executive Director) was appointed a Director on 18 June 2009. He has been involved as a director in a number of investment funds operated by various financial groups including Lloyds TSB Bank, Scottish Widows, Premier and ABN AMRO Bank N.V. David is a former chairman and president of The Guernsey International Bankers Association, The Association of Guernsey Banks, and is a current member of the Institute of Directors and the Guernsey Investment Fund Association. Previously, David was a principal manager at Lloyds Bank International where his responsibilities included all international private banking operations in Guernsey, Jersey, Gibraltar and London.
Philip Hebson, Independent Non-Executive Director
Philip is a Chartered Fellow of the Chartered Institute for Securities and Investment and a member of the Institute of Directors. Philip was formerly a senior fund manager in charge of UK Equities at Merseyside Pension Fund having joined in 2000. From 1980 to 2000 Philip worked at Charterhouse Securities Limited (formerly Tilney & Co.) and was appointed a director in April 1992. Since 2011 Philip has been a Senior Adviser with AllenbridgeEpic, providing independent investment advice to pension funds. He is the appointed financial advisor to Worcestershire County Council Pension fund.
David Staples , Independent Non-Executive Director
David is a Fellow of the Institute of Chartered Accountants and a Chartered Tax Adviser. He also holds the Institute of Directors’ diploma in company direction. For thirteen years until 2003, David was a partner with PricewaterhouseCoopers (‘‘PWC’’), UK practice and led the tax practice in the South East of England. Since leaving PWC, David has been appointed to the boards of several listed companies as a non-executive director including MedicX Fund Limited (listed on LSE main market) of which he is the chairman. His other appointments include directorships of HSBC Private Bank (C.I.) Limited and the general partner companies of five large private equity funds managed by Apax Partners.

News & Analysis