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Golding Capital Partners GmbH

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DGAP-News News vom 12.04.2017

EUR1.1 billion capital raised in 2016: Golding Capital Partners beats its previous year's record again

DGAP-News: Golding Capital Partners GmbH / Key word(s): Final Results/Private Equity

12.04.2017 / 11:10
The issuer is solely responsible for the content of this announcement.


Record year 2016 - GCP expands management team with six promotions

Munich, 12th April 2017 - Golding Capital Partners (GCP) closed 2016 with another record performance. Almost EUR1.1 billion capital was raised from institutional investors in Europe, over 30 percent more than in 2015. GCP is securing its leading position in the European market for diversified buyout, private debt and infrastructure investment programmes by systematically expanding its senior management team.


"Persistently low interest rates are making alternative investments an ever-more important component of institutional investment portfolios", explains Hubertus Theile-Ochel, Managing Partner at GCP in Munich. With 60 commitments from institutional investors in the three asset classes buyout, private debt and infrastructure GCP has benefited more than most. Roughly 70 percent of capital commitments came from existing investors, 30 percent came from new investors, especially insurance companies, pension funds and banks. Interest was greatest for diversified buyout, private debt and infrastructure investment programmes. Individual managed accounts also played a key role, accounting for more than 30 percent of total new capital. "We have extensive experience in all asset classes and offer our investors customized solutions driven primarily, if not solely by the more demanding regulatory environment. That makes us a reliable partner", comments Hubertus Theile-Ochel.

Strong investment activity across asset classes

In 2016 a total of 40 commitments amounting to more than EUR1 billion were made to primary, secondary and co-investments across all asset classes on behalf of investors. Investments in proprietary secondaries and co-investments from the GCP network are an important part of investment activities, accounting for 20 percent of the total. To achieve a high level of geographic diversification, some 40 percent of the investments were made in North America. GCP addresses the issue of limited access to North American managers by staffing a dedicated office in New York.

Successful start of 2017

The year 2017 has already started on a successful note for GCP. It recently held the first closing for its current private debt investment programme with a volume of EUR331 million. With total Private Debt assets under management of over EUR2.5 billion, GCP is the clear market leader in Germany. The launch of the market's first dedicated co-investment fund for infrastructure underlines GCP's leading position. In the buyout asset class GCP focuses on small and mid-cap buyouts in Europe and the USA. Portfolio construction is already well advanced for its current investment programme, which will close at the end of the year. Overall, more than EUR600 million across all three asset classes have already been raised from investors in 2017 to date. Over the course of the year GCP intends to extend its product range even further with innovative new secondary and private debt products, in order to create profitable investment opportunities for institutional investors

Management team expanded

GCP is expanding its senior management team with six promotions. "In order to maintain our leading position in the European market for diversified buyout, private debt and infrastructure investment programmes and to prepare for future growth, it is paramount to expand our management expertise accordingly", explains Jeremy Golding, founder and Managing Partner of GCP.
 

- Andreas Rizos (45) was appointed third Managing Partner as of 1st January 2017.

- Dr Matthias Reicherter (47) and Daniel Boege (46) have been promoted to Partner, thus taking on even greater responsibility for the company's strategic development.

- Manuel Gruber (40), Managing Director, has been appointed to the Management Board, in order to integrate GCP's core competence in regulatory issues at management level.

- Within the GCP investment team Boerge Grauel (39) has been promoted to Managing Director Private Debt and Fabian Poetter (39) to Managing Director Infrastructure.


"The company's continued success will depend on expanding its management expertise. So developing a first-class management team is a top priority for us", comments Jeremy Golding.

 

(c) Golding Capital Partners

Golding Capital Partners GmbH is one of the leading independent asset managers for private equity, private debt and infrastructure in Europe. With a team of 75 professionals at its offices in Munich, Luxembourg and New York, Golding Capital Partners helps institutional investors to develop their investment strategy and manages over EUR6 billion in assets. Its 140 institutional investors include insurance companies, pension funds, foundations and banks, especially savings banks and cooperative banks.

Further information:

IRA WÜLFING KOMMUNIKATION GmbH
Dr. Reinhard Saller
T +49 (0)89 2000 30 38
reinhard.saller@wuelfing-kommunikation.de
www.wuelfing-kommunikation.de



12.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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