£51.5m C share equity fundraise

Deal typeCapital markets & Transaction Services
IndustryFinancial Services
Client nameGCP Asset Backed Income Fund

BDO acted as reporting accountants on the issue of C shares by GCP Asset Backed Income Fund, which raised £51.5m. 

Proceeds from the issue will go towards taking advantage of asset backed finance investment opportunities identified by the company’s investment manager, Gravis Capital Management.