Dunedin Enterprise Inv Trust PLC Dunedin Enterprise invests in Alpha FM (2396O)

TIDMDNE

RNS Number : 2396O

Dunedin Enterprise Inv Trust PLC

05 February 2016

Dunedin Enterprise invests in Alpha Financial Markets

5 February 2016 - Dunedin Enterprise Investment Trust PLC ("Dunedin Enterprise") has, through the Dunedin Buyout Fund III, committed GBP8.1 million to an investment in Alpha Financial Markets ("Alpha"). Dunedin Enterprise has an interest of 11.6% in Alpha.

Alpha is the leading global asset and wealth management consulting firm. Founded in London in 2003, Alpha has grown rapidly and is now the global market leader in providing specialist consultancy services to blue chip asset and wealth managers and their third party administrators. Alpha has over 200 consultants deployed across six major financial centres (London, Paris, New York, Boston, The Hague & Luxembourg), working on behalf of more than 130 top asset and wealth management clients. Alpha currently advises three quarters of the top 50 global asset managers.

Alpha has undergone rapid growth in the last three years, increasing profits from GBP2.3 million in 2013 to in excess of GBP8 million in 2016.

This information is provided by RNS

The company news service from the London Stock Exchange

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February 05, 2016 06:18 ET (11:18 GMT)