GCP's Fund VI closes at £411M, a 58 per cent increase from Fund V

UK PE firm Growth Capital Partners (GCP) today announced the first and final close of Fund VI  at £411 million. 

Launched in late March, the oversubscribed fund reached final close in just three months, following strong demand from existing and new investors. 

The close represents a 58 per cent increase in size from Fund V and includes support from prestigious new LPs across Europe and the US, alongside strong re-ups from GCP’s existing investor base.

Fund VI will continue GCP’s established strategy of partnering with ambitious Founder-led teams in high-margin, high-growth businesses underpinned by distinctive intellectual capital. It will build on the firm’s track record of successfully working with exceptional companies within technology and specialist services, providing strategic support, tools and extensive experience to accelerate and de-risk growth. 

So far in 2025, Fund V has achieved two major realisations: cybersecurity specialist Bridewell (generating 9.3x return), and digital services and data consultancy Hippo. 

“This fundraise is a clear reflection of the strength of our team, track record and distinct strategy alongside a compelling market opportunity,” said Kirsty McDonald, Partner at GCP.