GP Tees Up Jumbo PE Fund

GP Tees Up Jumbo PE Fund

Funds

Brazilian private equity firm GP Investments is heard to be close to announcing its fifth and largest ever private equity (PE) fund, say executives away from the company. GP has apparently told investors that its new fund will likely top $2.0bn in size, making it significantly larger than the $1.3bn GP Capital Partners IV, closed in October 2007. The Bovespa-listed PE firm is close to announcing a first close for GP Capital Partners V at roughly $1bn, say people with knowledge of the plans. A su

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