Aberdeen Private Equity Fund Limited is a closed-ended investment company. The investment objective of the Company is to generate capital gains. The Company may also hold direct holdings, as an ancillary part of its portfolio, in hedge funds, other specialty funds, unquoted companies and unquoted securities, including fixed interest securities, cash-equivalent investments and cash. The Company focuses on to investing the majority of its portfolio in the buyout, activist small capital, distressed and venture capital funds sectors. The Manager for the Company is Aberdeen Asset Managers Limited, a wholly-owned subsidiary of Aberdeen Asset Management PLC.