Dexion raises £229m on LSE

Dexion Absolute, the largest listed fund of hedge funds, raised an extra £229m (€341m) on the London Stock Exchange at the end of last week in the third largest fundraising of its kind by a London-listed fund. All three have been made in the last four months.

The raising takes Dexion Absolute's total assets to £758m. The fund of hedge funds was already a constituent of the FTSE250 index.

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