Growth Capital Partners Reaches £411M Hard Cap on New Fund VI
Funding | Jul 07, 2025 | Rede Partners
Growth Capital Partners (GCP), a leading UK-based investor in the knowledge economy, has successfully completed the first and final close of its GCP Fund VI. The fund attracted £411 million, reaching its hard cap just three months after its official launch in late March. The fundraise was oversubscribed and exceeded its original £350 million target, marking a 58% increase from the previous fund, Fund V. Backed by new and existing prestigious Limited Partners (LPs) from Europe and the US, Fund VI will continue GCP's strategy of partnering with founder-led businesses in sectors characterized by high margins and growth, with a significant focus on intellectual capital. The wrap-up of Fund VI coincides with significant realisations in Fund V, including exits from Bridewell and Hippo. Rede Partners played a pivotal advisory role in this successful fundraise.
Sectors
- Private Equity
- Financial Services
- Technology
Geography
- United Kingdom – Growth Capital Partners is a UK-based investor, and their activities are primarily focused there.
- Europe – The fund attracted interest from new LPs across Europe, indicating a broad geographic appeal.
- United States – Prestigious new LPs from the US participated in Fund VI, highlighting international interest.
Industry
- Private Equity – The article focuses on Growth Capital Partners (GCP), a private equity firm raising a new fund.
- Financial Services – The fundraising activities and strategy alignment for GCP Fund VI place the article in the financial services sector.
- Technology – GCP's focus on technology and specialist services in knowledge-based sectors is a key part of the fund strategy.
Financials
- £411 million – The final amount raised for GCP Fund VI, reaching its hard cap.
- £350 million – The initial target set for GCP Fund VI before it was oversubscribed.
- 58% – The increase in size from GCP Fund V to Fund VI.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Growth Capital Partners | PE Firm | Company | A UK-based private equity firm focused on investments in the knowledge economy. |
| Rede Partners | Advisor | Company | A strategic advisory partner that supported the fundraising of GCP Fund VI. |
| Bridewell | Portfolio Company | Company | A cybersecurity specialist company within GCP Fund V. |
| Hippo | Portfolio Company | Company | A digital services and data consultancy company that was part of the realisations in Fund V. |