2nd May 2007 09:57
Dunedin Enterprise Inv Trust PLC02 May 2007 Dunedin Enterprise Investment Trust PLC Investment in SWIP Private Equity Fund of Funds II PLC ("SWIP II PLC"or the "Company") • Dunedin Enterprise Investment Trust PLC has subscribed €22 million(approx £15 million) for 22,000,000 C Ordinary shares of €1 each in the Company • SWIP II PLC is incorporated in Ireland as a closed end investmentcompany with variable capital and authorised by the Financial Regulator pursuantto Part XIII of the Companies Act 1990 • The Company has acquired a portfolio of 40 private equity fundcommitments from Scottish Widows plc in return for shares in the Company • The Company's portfolio is managed by Scottish Widows InvestmentPartnership Limited • The portfolio comprises commitments to large pan-European buyoutfunds, mid-market European buyout funds, European and US venture and biosciencefunds, a mezzanine and a secondaries fund • The portfolio of fund commitments comprise vintage years 2000 to 2007 • SWIP II PLC will make commitments to further private equity funds overthe coming three years This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Dunedin Ent.it.