Insights

News / 03 July 2020

Crestbridge supports tech entrepreneur fund closing

Crestbridge supports close of GP Bullhound's €125m fund

Crestbridge has supported the EUR125m closing of GP Bullhound’s newest fund aimed at investing in growth-stage software businesses.

The firm’s team in Luxembourg provided fund and management company services to support the close of GP Bullhound Fund V, which continues the fund manager’s successful strategy of investing in technology entrepreneurs.

Michael Johnson, Group Head of Fund Services, Crestbridge, said: “As a business we recognise the importance of technological innovation, so it’s particularly pleasing to have supported this fund closing, whilst to have played a part in bringing this fund to a close in circumstances which remain challenging is also testament to our resilience and adaptability. Having received our licence to provide fund administration services in Luxembourg last year, this is further evidence of the appeal of our global fund proposition for managers.”

GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York.

Further information about the fund can be found here.