Dawson Partners announced the successful final closing of Dawson GP Finance 2 LP at its hard cap of US$750 million, significantly exceeding its initial US$500 million target. In total, GPF2, together with affiliated vehicles, raised US$840 million in capital commitments.

Yann RobardManaging Partner of Dawson
Since our inception, Dawson has focused on delivering innovative structured solutions across private markets. Dawson entered the GP solutions market in 2019 and has since closed on over US$8.5 billion across 32 transactions with 19 GPs. We believe the GP financing market represents a large and expanding opportunity, and GPF2 helps support our ability to remain well-capitalized to meet that demand. We continue to see strong engagement from high-quality, blue-chip sponsors seeking flexible and strategic capital solutions in today’s market environment.
Giorgio RivaPartner at Dawson
Dawson’s GP financing solutions provide structured, non-dilutive capital to private equity sponsors, offering a compelling alternative to traditional GP stake sales and other forms of management company financing. We partner with GPs to deliver bespoke solutions that can support increased GP commitments and enhance balance sheet flexibility and fund strategic initiatives—while allowing sponsors to retain ownership and control of their management companies. Our objective is to ground our approach in disciplined underwriting and deep structuring experience, with a strong emphasis on alignment and long-term partnerships.
Josh BoothPartner at Dawson
We are very pleased to have closed our second GP solutions fund at its US$750 million hard cap in what has been a challenging fundraising environment, significantly exceeding our US$500 million target. We are grateful for the continued support of both existing and new investors. This outcome reflects the strength of our strategy and the confidence our partners have in our ability to deliver flexible, high-quality solutions to GPs.

GP Finance 2 received strong support from a broad base of investors, including public and corporate pension plans, insurance companies, endowments and foundations, amongst other financial institutions.