Aberdeen Private Equity

Aberdeen Private Equity is a Private Equity business which is part of Aberdeen Asset Management. It was originally known as Bramdean Alternatives.

Origins as Bramdean Alternatives

Bramdean Assets Management (BAM) was founded in 2005 by Nicola Horlick[1] with Derek Higgs as chair.[2] Bramdean Alternatives Limited was an investment company based in Guernsey. It was a distinct organisation from BAM had a board chaired by Brian Larcombe,[2] former CEO of 3i.[3] In the summer of 2007 it aimed to benefit changes introduced by the Financial Services Authority to allow retail investors greater access to alternative investments.[3]{

In the summer of 2009 the fund became an area of contestation between Vincent Tchenguiz who in June successfully gained control through his company Elsina at an Extraordinary General Meeting.[4]

Buy out

Nicola Horlick lost control of Bramdean Alternatives on 19 November 2009. Aberdeen Asset Management bought out the contract from Bramdean Assets Management, re-branded the project as Aberdeen Private Equity and placed the fund under the management of Alex Barr.[5]

References
  1. "Fifty lessons: teamwork takes all kinds". The Daily Telegraph. London. 30 June 2005. Retrieved 5 August 2013.
  2. "Bramdean asset management llp". www.bramdean.com. Bramdean Asset Management llp. Retrieved 31 October 2017.
  3. "Nicola Horlick's Bramdean to launch alternative investment trust". Wealth Manager. Citywire.co.uk. Retrieved 31 October 2017.
  4. Lewis, Adam (9 March 2010). "Bramdean Alternatives to move to private equity - Money Marketing". Money Marketing. Money Marketing. Retrieved 29 October 2017.
  5. Sharp, Tim (2009). "City Superwoman loses grip on fund" (20 November 2009). The Herald. Retrieved 1 November 2017.
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