Macfarlanes has advised independent private equity company Growth Capital Partners (GCP) as its fourth fund closes at £205m, having exceeded its target of £200m. Investment commitments came from both existing and new institutional investors including public pension funds, insurance companies and investment management groups based in the UK, Europe and US.
GCP is a long-standing client of the firm and Macfarlanes is pleased to have been involved in another successful fundraise for the business, having also assisted with their highly successful third fund. This fund close will enable the company to continue its strategy of making buy-out and growth capital investments in the UK lower mid-market, across a range of sectors.
The Macfarlanes team for this matter was led by investment management partner Stephen Robinson with assistance from solicitors Harriet Hamilton and Jonathan Dixon. Specialist expertise was also sought from tax partner Mark Baldwin.
Garrett Curran, Managing Partner at GCP, comments: “The Macfarlanes team have been instrumental in assisting us with this fundraise and their advice and support continues to be invaluable”.
“The Macfarlanes team have been instrumental in assisting us with this fundraise and their advice and support continues to be invaluable”.