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Profits rise at Redburn

Equities broker raises £8 million in new shares from staff, and investors old and new, to fund growth as revenues reach £64.8 million

Equities broker Redburn Partners has raised capital from new and existing investors to fund further growth, after another profitable year.

Redburn Partners has raised £5 million from two new investors and £3 million from staff and existing investors, after operating profits rose to £23.8 million in the 10 months to the end of March, from £22.3 million in the previous 12 months.

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