Hyperion Insurance completes equity placing
Hyperion Insurance Group has successfully completed an equity placing with venture capital provider BP Marsh, which raised £5.1m of new capital to fund its ongoing growth plan. BP Marsh's holding in Hyperion, as at 31 July 2005, is £8m.
The Marsh Group first invested in Hyperion in 1994.
The Hyperion Insurance Group owns, amongst other things, Howden, the Lloyd's broker.
Commenting on the investment, chairman Brian Marsh said: "Over
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