CT Private Equity Trust PLC, formerly BMO Private Equity Trust Plc, specializes in secondary indirect, direct, and fund-of-funds investments. Its fund investments include private equity, offshore, buy-out, venture, mezzanine, and investment trusts. Direct investments cover mezzanine, early to late venture, middle market, later stage, mature, and buyout. At the time of investment, no more than 15% of total assets may be invested in UK-listed investment companies, no more than 15% in non-UK-listed investment companies, no more than 33% in direct private equity co-investments, and no more than 10% outside the USA, UK, and Continental Europe. The fund has a global remit with a UK and European mid-market bias, primarily investing in mid-cap stocks and emerging markets.