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Gresham House plc

MJ Hudson advises Endless LLP on the final closing of its second dedicated SME fund, Enact II

MJ Hudson announced today that it advised Endless LLP (Endless) on the final closing of Enact II (the Fund), securing total commitments of £30 million. The Fund will provide transformational investment of up to £5 million in UK SMEs, and is Endless’ second SME focussed fund, building on the success of Enact I, which closed in 2013.

Commitments to Enact II were secured from a mix of investors in Enact I and a select number of new investors to Endless. Structured to include a parallel co-investment fund, the Fund also received commitments from the wider Endless team.

MJ Hudson works with clients in the fields of law, international administration, fund management, investment advisory, and IR and marketing, across both alternative and traditional asset classes. Gresham House Strategic PLC (LON:GHS) has a 1.3% ownership of MJ Hudson as of June 2018.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.