Aberdeen Private Equity

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, which was a distinct organisation from BAM and had a board chaired by Brian Larcombe,^[2] former CEO of 3i.^[3] In the summer of 2007 it aimed to benefit from 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 of interest to the entrepreneur Vincent Tchenguiz, who in June gained control through his company Elsina at an Extraordinary General Meeting.^[4]

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] Following the 2017 merger of Standard Life with Aberdeen, it became a subsidiary of the company known as Abrdn.^[6]