Houlihan Lokey Advises Garnett Station Partners

Houlihan Lokey is pleased to announce that GSP 5.0 Fund, LP (Fund 5) has closed oversubscribed at $1.2 billion in commitments, surpassing its target of $1.0 billion and reaching its hard cap.

Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, closed its fifth flagship fund: Fund 5. Fund 5 was significantly oversubscribed and closed at its hard cap in a four-month fundraise, with commitments from an internationally diverse group of new and existing investors. This mandate builds on the Houlihan Lokey Private Funds Group’s relationship with Garnett Station, as the group previously assisted GSP in raising $850 million for the firm’s fourth flagship fund, GSP 4.0.

With Fund 5, GSP will continue implementing its focused investment strategy by partnering with outstanding founders and management teams to grow businesses in its key sectors: consumer and business services, health and wellness, automotive, and food and beverage. The successful closing of GSP’s fifth and largest fund reflects continued investor confidence in the firm’s investment strategy and approach to value creation. The closing of GSP 5.0 increases the firm’s total capital under management to more than $3.5 billion.

Houlihan Lokey acted as the exclusive advisor to Garnett Station throughout the fundraising process and private placement arrangement. This transaction showcases the Private Funds Group’s continued success in achieving best-in-class results in a challenging fundraising market.

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