Bramdean fund raises £131m

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Bramdean Asset Management's new alternatives fund has raised £131m in the lead up to its London Stock Exchange launch.

Share dealings in Bramdean Alternatives Limited are expected to commence on the exchange at 8am on 9 July. The fund offers globally diversified investment across private equity, hedge funds and specialty asset classes. It is already committed to a number of funds, including Terra Firma Capital Partners, Coller International Partners, Thomas H. Lee Equity Fund and SVG Capital Strategic Recovery Fund. The fund is also available to investors via an offshore bond wrapper provided by AXA Isle of Man. “I am delighted with the success of the fund raising, which has very substantially exceeded ...

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