We investigate the classical geometry corresponding to a collection of frac
tional D3 branes in the orbifold limit C-2/Gamma, of an ALE space. We discu
ss its interpretation in terms of the world-volume gauge theory on the bran
es, which is in general a non conformal N = 2 Yang-Mills theory with matter
. The twisted fields reproduce the perturbative behaviour of the gauge theo
ry. We regulate the IR singularities for both twisted and untwisted fields
by means of an enhancon mechanism qualitatively consistent with the gauge t
heory expectations. The five-form flux decreases logarithmically towards th
e IR with a coefficient dictated by the gauge theory beta -functions. (C) 2
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