GPF Capital launches €300m SME fund

Madrid-headquartered private equity firm GPF Capital has established a new €300 million fund that will focus on investments in small and medium-sized enterprises.

Publicado Tuesday, February 25th 2020
GPF Capital launches €300m SME fund

Martin Rodriguez-Fraile and Isabel Rodriguez

Investors in the GPF Capital III Partnership Fund include family offices from Spain, the US and Latin America that have already participated in the GPF I and GPF II funds.

The fund will be flexible in terms of investment maturation – the investments will not be limited to five years, and the fund may retain a stake in companies for an indefinite period.

Up to 20 per cent of the fund may be invested outside of Spain via family offices. The fund will also consider investments in the real estate sector.

A Madrid-based King & Wood Mallesons (KWM) team advised GPF Capital on the establishment of the GPF Capital III Partnership Fund as well as the parallel GPF Capital III Real Estate Fund. The KWM team was led by partner Isabel Rodriguez (pictured, right), and included partner Ildefonso Alier and associates Maria de Orueta and Patricia Martinez.

GPF Capital has €700 million of assets under management. It targets investment in companies with EBITDA of more than €3 million.

The founders of GPF Capital are Martin Rodriguez-Fraile (pictured, left), Lorenzo Martínez de Albornoz, Ignacio Olascoaga and Guillermo Castellanos.