F&C Private Equity Trust plc (F&C Private Equity) is a listed private equity fund of funds managed by F&C Asset Management plc. The fund has been listed on the London Stock Exchange since 1999. The fund has a global geographical mandate with a bias towards European mid market buy outs, which typically comprise over 80% of the portfolio. F&C Private Equity trust also has the capacity to invest selectively in co-investments and secondary positions.