Private Equity Investment Trusts

in today's ft, the fund of the day is the top performing HGT and it gets a nice little write up.


also, congrats to MTH for making a v nice turn on tragus over the last year, including a recapitalisation and revaluations...





interims out today for DNE...

Dunedin Enterprise Investment Trust PLC

Preliminary Results for the half year ended 31 October 2006

Dunedin Enterprise Investment Trust PLC, the private equity investment trust
which focuses on UK mid-market buyouts announces its preliminary results for
the half year ended 31 October 2006.


Financial Highlights:

• Investments during the half year of £15.5 million

• Commitment of £75 million to Dunedin Buyout Fund II

• Realisations totalling £10.4 million

• Net asset value per share increased by 1.6% to 506.4p per share

• Total net assets now £153.2 million

• Total return per ordinary share increased to 17.3p

• Interim dividend of 2.1p; an increase of 5%

• Investments post half year end of £6.4 million