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

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...