Dunedin Enterprise commits ?60m to Dunedin funds

RNS Number : 8241J

Dunedin Enterprise Inv Trust PLC

22 July 2013

 

Dunedin Enterprise Investment Trust PLC commits a total of £60m to Dunedin funds

Dunedin Enterprise announces it has now committed a total of £60m to the UK lower mid-market through Dunedin's next buyout fund (Dunedin Buyout Fund III). In December 2012 the Trust announced a commitment of £50m and this further £10m brings the Trust's commitment to 20% of the fund at final close.

Shaun Middleton, Managing Partner of Dunedin, the manager of Dunedin Enterprise, said: "This final commitment will allow the Trust to continue to deliver on the strategy approved by shareholders and follows a number of successful realisations achieved last year."

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