Tr?id=566623520170033&ev=PageView&noscript=1

Large GPB Fund Posts Revenue and Income Growth

Posted on May 26th, 2022 at 10:42 AM
Large GPB Fund Posts Revenue and Income Growth

From the Desk of Jim Eccleston at Eccleston Law:

After considerable delay, GPB Capital Holdings finally has released financial statements to its investors regarding one of its largest funds. 

GPB, which raised $645.8 million from investors in its private placements, is four years late in releasing financial statements to its investors. According to GPB’s registration filing with the SEC, net income increased to $166.3 million in 2021 after suffering a $28.3 million loss in 2019. Additionally, total revenues increased by 37.5% to $153.4 million over the same period. While GPB began selling private placements in 2013 and has raised $1.8 billion, the company has failed to pay investor distributions since 2018. At least 60 financial advisory firms had agreed to sell GPB private placements.

GPB struggled and was forced to cut distributions for some private placements after the company missed its deadline to file financial statements for its two largest private funds in 2018. The company recently released a statement indicating that there are no immediate plans to pay distributions to investors. 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, regulatory and disciplinary matters.

 
 

Tags: eccleston law, gpb capital holdings, investors

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.

LATEST NEWS AND ARTICLES

1780676353 Law
June 5, 2026
Redemption Pressure Mounts Across Private Credit and Non-Traded BDC Market

Investors continued pulling money from private credit and nontraded business development companies ("BDCs") during the first quarter of 2026 as concerns about liquidity and portfolio valuations intensified across the sector, according to reporting by InvestmentNews.

1780588152 Law
June 4, 2026
Former Wells Advisor Alleges Age Discrimination

A former Wells Fargo senior private client financial advisor in Wisconsin has filed a federal lawsuit alleging the firm terminated him because of his age rather than an alleged workplace profanity incident.

1780507151 Law
June 3, 2026
Starwood REIT Suspends Most Redemptions Amid Liquidity Pressure

Starwood Real Estate Income Trust (SREIT) has announced a temporary suspension of its share repurchase program for most investors.