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

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

March 9, 2026
SEC Alerts Investors as to the Relationship Investment Scam

The Securities and Exchange Commission (SEC) has alerted investors that fraudsters increasingly rely on relationship-based investment schemes to steal money.

March 4, 2026
Modern Fraud Schemes Escalate in Scale and Sophistication

A recent panel discussion at the Financial Services Institute OneVoice conference in San Diego highlighted how rapidly evolving fraud schemes continue to victimize both retail and wealthy investors.

March 3, 2026
FINRA Suspends Former Stifel Broker Over Costly Account Switching Trades

The Financial Industry Regulatory Authority (FINRA) suspended a former Stifel, Nicolaus & Co.