CT Private Equity (ticker: CTPE) was set up in 1999 to take on around £100m of unquoted assets from the Martin Currie-managed Scottish Eastern Investment Trust. After a couple of share reorganisations, the management team moved from Martin Currie to F&C in 2005 (F&C was subsequently taken over by BMO and then Columbia Threadneedle). Hamish Mair has looked after the portfolio since 1999 through all its various incarnations. CTPE was one of many private equity trusts that saw its share price savaged during the financial crisis on concerns about the high level of fund commitments and the ...