Garnett Station Partners (GSP), a New York-based principal investment firm, closed its latest private equity fund, GSP 5.0, at $1.2bn. 

The oversubscribed fund, which hit its hard cap in just four months, brings the firm’s total assets under management to over $3.5bn.

With Fund 5, Garnett Station will continue its strategy of partnering with founders and management teams to scale businesses across its core investment sectors, including consumer and business services, health & wellness, automotive, and food & beverage. The rapid fundraising reflects strong investor confidence in GSP’s approach to value creation and operational scaling.

Since its founding in 2013, Garnett Station has positioned itself as a key investment partner for multi-unit and consumer services businesses, providing capital and strategic expertise to drive expansion and operational efficiency.

Kirkland & Ellis served as the legal counsel for Fund 5, while Houlihan Lokey acted as the exclusive placement agent.