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6 Dec 2011 18:25
Update on PFI Fund II
6 December 2011
As previously disclosed, investors in Henderson PFI Secondary Fund II L.P. ("Fund II") raised complaints in correspondence more than 12 months ago.
Today, Henderson Equity Partners (GP) Limited and Henderson Equity Partners Limited, subsidiaries of Henderson Group plc, and Fund II, have been served with legal proceedings by a majority of investors in Fund II.
The proceedings involve alleged breach of mandate and misrepresentation. All the claimants are sophisticated investors. We have considered these complaints carefully. We are confident we have no legal liability to investors in this fund. We will vigorously defend these proceedings.
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For further information
www.henderson.com or
Investor enquiries
Mav Wynn Head of Investor Relations | +44 (0) 20 7818 5135 or +44 (0) 20 7818 5310
mav.wynn@henderson.com or investor.relations@henderson.com
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