BP Marsh increases profits 55.7%

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BP Marsh increased its profits 55.7% to £5.5m in 2012 following the sale of its shareholding in Hyperion.

The Hyperion sale is subject to regulatory approval and once complete, the venture capitalist will earn £20m from the deal.

The firm increased its net asset value 10.6% to £55m for the year to 31 January 2013.

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