Private Equity
Tenet Group Limited
In July 2005 we completed a final and successful exit from our investment in Tenet Group Limited, a provider of outsourced regulatory and business support services to Independent Financial Advisers.
Aberdeen originally supported the management buy-out in April 2000 with an investment of £7.25 million and achieved a partial exit in April 2002.
The investment has generated an overall IRR of 44% and has returned significant proceeds to a number of Aberdeen managed client funds.