27/09/2006
DEXION Capital, advised by Ogier’s Roger Le Tissier, Rabie Abas and Tristan Ozanne of the firm's Guernsey office, has raised US$440 million in total for the latest C Share issue by Dexion Absolute Limited.
The successful capital raising included a new share class denominated in Australian dollars which raised A$70 million. The existing share classes raised £154 million, US$50 million and €31 million respectively.
Dexion Absolute Limited is listed on the London Stock Exchange and has net assets of US$1.44 billion. It was launched in 2002 and continues to be the largest listed closed-ended fund of hedge funds.
