Scottish PE Firm Dunedin Raises £300M Fund

Jul 22 2013 | 2:04pm ET

Edinburgh-based private equity firm Dunedin has raised  £300 million for a fund focused on mid-sized UK companies, exceeding its target by £50 million.

Dunedin told the BBC it would make up to £60 millon available to Scottish businesses with an enterprise value of between £20 million and £75 million.

The firm said roughly 60% of its investors are outside the UK, three times the number of non-UK investors it attracted to its previous fund, launched in 2006.

Said Dunedin partner Mark Ligertwood: "We provide investors access to high quality UK SMEs and their growth potential, and the fact that our fund exceeded our £250 million target is an endorsement both of the strength of opportunity available in the UK and of the active approach that we take to creating stronger, more profitable enterprises.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...