Growth Capital Partners, a private equity firm that invests in UK-based small to medium-sized businesses, has closed its fourth fund at 205 million pounds. The limited partners of Growth Capital Partners Fund IV include public pension funds, corporate pension funds and investment management groups from the U.S. and Europe. Atlantic-Pacific Capital was the placement agent.
NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–Atlantic-Pacific Capital, one of the largest privately-owned global placement agent and advisory firms focussed on alternative investments, is pleased to announce the final closing of Growth Capital Partners Fund IV (“Fund IV” or the “Fund”) with £205 million of capital commitments. Fund IV received outstanding support from a diverse group of institutional investors, including public pension funds, corporate pension funds and investment management groups across the US and Europe.
“We are pleased to have partnered with Growth Capital Partners (“GCP”) on their fourth fundraise. Investors were very receptive to GCP’s distinct and differentiated strategy in the UK lower middle market, which has proven to generate strong results on a consistent basis. We congratulate the team on a successful fundraise,” commented Richard Awbery, Partner at Atlantic-Pacific Capital.
Garrett Curran, Managing Partner at Growth Capital Partners, said, “We are delighted with the continued support from our existing investors as well as the backing of several newly welcomed investors in the Fund. Atlantic-Pacific Capital was instrumental throughout the fundraising process in helping us secure commitments in excess of our target. Fund IV is off to a promising start with four seed assets, and we remain committed to investing in UK SMEs – a key driver of the UK economy.”
About Atlantic-Pacific Capital, Inc. (www.apcap.com)
Atlantic-Pacific Capital is one of the largest privately-owned global placement agent and advisory firms dedicated to raising capital for alternative investments. Since 1995, the firm has executed over 95 capital raising assignments aggregating in excess of $66 billion for an extraordinary group of alternative asset managers. Typical fund placement mandates include private equity, real estate, real assets, private credit, natural resources and infrastructure. Atlantic‐Pacific Capital provides global marketing distribution and project management execution using a focused and customized approach. With experienced professionals located in eight offices throughout the United States and in London and Hong Kong, Atlantic‐Pacific Capital maintains a global network of trusted relationships with influential institutional investors.
About Growth Capital Partners LLP (www.growthcapital.co.uk)
Growth Capital Partners LLP is an independent private equity company, which invests in growing UK SMEs. Its distinct, flexible approach allows GCP to fully finance deals, giving portfolio companies the best possible platform for growth. With a long track record of specialist investing in UK SMEs, GCP is focussed on partnering with ambitious, like-minded management teams to grow value in their businesses.