
Garnett Station Partners Closes Oversubscribed Fund 4.0 at $850M Hard Cap
NY-based investment firm Garnett Station Partners (GSP), which manages approximately $2bn in assets, closed its oversubscribed flagship GSP 4.0 Fund-A and GSP 4.0 Fund-B, launched six months ago, with a hard cap of $850mn, ahead of its $750mn target.
Former L Catterton and Apollo private equity investors Matt Perelman and Alex Sloane founded GSP in 2013. The franchise investor partners with entrepreneurs, management teams, and strategic investors to grow companies in its core sectors of consumer and business services, health & wellness, automotive, and food & beverage.
“Alex and I are proud of the firm we’ve built over the last decade with the support of our world-class team of investment professionals, operating partners, and firm infrastructure,” said Matt Perelman, Managing Partner and Co-Founder of Garnett Station Partners.
Latham Watkins LLP served as legal counsel for the Fund. Houlihan Lokey Capital, Inc. acted as exclusive placement agent for the fund.
Pictured, left to right, Alex Sloane and Matt Perelman
