Published March 29, 2022

GCP beats target for final close for GCP V at £260m

Growth Capital Partners (GCP) are delighted to announce the final close of our most recent fund, Fund V, which successfully beat our target, closing at £260m.

Our Fund V builds on our 22 year successful track record of partnering with outstanding growth companies in the Technology, Services, and Industrials sectors, providing a distinctive and flexible funding model and agile, tailored, strategic growth support for ambitious entrepreneurs.

We were pleased to welcome back many of our highly supportive existing investors and to begin new relationships with an expanded group of distinguished international institutions.

A big thank you to our placement advisers Quest Fund Placement who supported us through the fundraising process and helped us to beat our target.

We look forward to developing more genuine investment partnerships with outstanding growth companies to go alongside the three investment partnerships we have made from the Fund to date, Bridewell Consulting, Hippo Digital and Flint Global.

‘’We are delighted to have beaten our target and thank our existing investors as well as welcoming new investors to GCP. We have always believed in our partnership strategy, which has generated consistently strong returns since our first fund in 2000. With three investments already in the portfolio, Fund V is off to a successful start.”

Garrett Curran, Managing Partner

‘’We are very happy that our partners, GCP, reached a successful outcome on Fund V, our second fundraise together. We enjoyed working on a differentiated story for the market which encouraged the substantial support of existing investors while also adding many new primary-focused LP relationships from Europe and the US.”

James Coleman, Managing Director, Quest