GP Investments of
GP Investments, Ltd, the leading Latin American private equity firm, today announced the formal closing of its new private equity fund, GP Capital Partners IV, L.P. (GPCPIV). The fund has US$1.3 billion of committed capital.
GP Investments is publicly listed on the Brazilian and Luxembourg Stock Exchanges and one of the first private equity firms to go public in the world. GP Investments has a current market capitalization of approximately US$1.5 billion.
The closing of GPCP IV is the most recent in a series of high profile developments at GP Investments as the firm has capitalized on favorable macro-economic factors in
“The fund has attracted widespread interest from institutional investors all around the globe. This has enabled us to significantly increase the size of the fund against our original estimates and is an encouraging sign of the strengthening status and reputation of GP and the region in the eyes of the global financial community,” said Antonio Bonchristiano, Co-Chairman and Co-CEO of GP Investments.
“We are now looking to continue our strategy of growth across