GCM Grosvenor Inc

GCM Grosvenor, Inc. provides global alternative asset management solutions. The firm invests on behalf of clients who seek allocations to alternative investments, such as private equity, infrastructure, real estate, credit, and absolute return strategies. It specializes in developing customized portfolios for clients who want an active role in the development of their alternatives programs and also offers multi-client portfolios for investors who desire a turn-key solution for accessing alternative investments. The company's offerings include multi-manager portfolios as well as portfolios of direct investments and co-investments. GCM Grosvenor has offices in New York, Los Angeles, London, Tokyo, Hong Kong, and Seoul. GCM Grosvenor was founded in 1971 and is headquartered in Chicago, IL.

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GCM Grosvenor excels in fundraising and fee growth, eyes diversification

GCM Grosvenor delivered strong financial performance, with robust fundraising, fee growth, and shareholder returns, positioning the firm well in the alternative investment landscape.
While facing challenges in sustaining growth and aligning compensation, the company's focus on expansion into new funds and strategies presents opportunities for diversification and revenue enhancement.
With a positive outlook for investor demand and a strategic focus on long-term growth, GCM Grosvenor is poised to leverage its strengths and navigate challenges to drive continued success.

GCM Grosvenor Inc (GCMG) reports stable growth and strong fundraising success

GCM Grosvenor Inc (GCMG) showcased stable growth, strong fundraising success, and confidence in navigating market challenges. The company's focus on private markets, client relationships, and strategic deployment positions them for continued growth and success.

GCM Grosvenor reports solid Q2 progress and eyes growth opportunities

GCM Grosvenor's Q2 2023 Earnings Call showcased strong performance and growth prospects. The company is well-positioned to capitalize on opportunities in fee-related earnings and real estate investments. Addressing industry challenges and maintaining stable fees are key focus areas for sustained success.

GCM Grosvenor posts strong Q3 results, eyes growth opportunities

GCM Grosvenor reported strong financial performance driven by private markets, with a focus on impact investing and sustainable growth strategies.
While facing challenges in fundraising and market activity, the company's solid financial results and strategic initiatives position it well for future opportunities.
Opportunities in expanding investor base, exploring retail fund vehicles, and enhancing impact investing efforts present avenues for continued growth and differentiation.

GCM Grosvenor Inc reports strong earnings, eyes growth opportunities

GCM Grosvenor Inc's Q4 2023 earnings call highlighted solid financial performance, growth in assets under management, and a focus on client engagement. The company is well-positioned to leverage its strengths in investment selection, credit solutions, and client growth to capitalize on emerging opportunities.

GCM Grosvenor Inc reports robust Q1 performance and eyes private markets growth

GCM Grosvenor Inc's Q1 2024 earnings call highlighted impressive performance metrics, strong AUM growth driven by private markets, and strategic initiatives to enhance shareholder value. Despite challenges in compensation management, the company remains optimistic about future growth prospects.

GCM Grosvenor Inc reports robust Q3 performance and eyes growth

GCM Grosvenor Inc delivered strong financial results in Q3 2024, with notable increases in fee-related earnings, net income, and capital raised, positioning the company for continued growth.
Effective management of compensation expenses, robust fee generation, and shareholder-friendly initiatives like dividends and share repurchases underscore the company's commitment to value creation.
While challenges in sustaining growth persist, opportunities in private markets fee growth, fundraising momentum, and market positioning provide avenues for future success and expansion.

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CHICAGO, June 28, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, announced today that it will form GCM Grosvenor Insurance Solutions to provide alternative investment solutions to insurance company balance sheets globally.

GCM Grosvenor Announces Hiring of John Morrison and Creation of GCM Grosvenor Insurance Solutions

CHICAGO, June 25, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced that it joined the Russell 2000® Index after the equity markets closed today as part of the 2021 Russell indexes reconstitution. The new index will be effective at the opening of U.S. equity markets on June 28, 2021.

GCM Grosvenor Added to Russell 2000 Index

Final Mosaic Purchase Price to Reflect $13 Million Discount to Repurchase Option Price Final Mosaic Purchase Price to Reflect $13 Million Discount to Repurchase Option Price

GCM Grosvenor Announces Successful Closing of Incremental Term Loan and Expected Closing of Mosaic Assets Repurchase on July 2, 2021

An Estimated $2.2 Billion of Regional Economic Impact Generated in Fiscal Year 2020 An Estimated $2.2 Billion of Regional Economic Impact Generated in Fiscal Year 2020

GCM Grosvenor Releases Labor and Economic Impact Report for its Labor Impact Fund

CHICAGO, June 14, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will seek to upsize its Term Loan by $85 million to enable the repurchase of certain fund investments and rights to future carry associated with Mosaic (collectively, the “Mosaic Assets”). Based upon values as of March 31, 20211, GCM Grosvenor will repurchase assets and carried interest at net asset value of approximately $238 million (consisting of fund investments valued at $87 million and unrealized carried interests net asset value of $150 million) and rights to additional future carried interest associated with $423 million of carry dollars at work, for an estimated March 31, 2021 purchase price of $176 million (the “Transaction”). The Mosaic Assets generated realized carried interest earnings of $14.7 million2 over the twelve-month period ended March 31, 2021 and realized investment income of $1.5 million over the same period.

GCM Grosvenor Announces $85 Million Upsizing of Term Loan to Enable Repurchase of Mosaic Assets

International Money Express Inc.

Ra Medical Systems Inc

Royce Investment Partners revealed earlier this week it reduced one position, added to another and sold out of a holding in May.

Chuck Royce's Firm Makes Changes to 3 Positions in May

CHICAGO, June 03, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor, will present at the 2021 Morgan Stanley US Financials, Payments & CRE Conference on Tuesday, June 15, 2021 at 8:00 am Eastern. A link to the live audio webcast of the presentation is available on GCM Grosvenor's public shareholders website and the event website.

GCM Grosvenor to Present at Morgan Stanley US Financials, Payments & CRE Conference

CHICAGO, May 25, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor, will present at the 2021 William Blair Growth Stock Conference on Thursday, June 3, 2021 at 2:20 pm Eastern. A link to the live audio webcast of the presentation is available on GCM Grosvenor's public shareholders website and on the event website.

GCM Grosvenor to Participate in William Blair Growth Stock Conference

CHICAGO, May 13, 2021 /PRNewswire/ -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported its results for the first fiscal quarter ended March 31, 2021. "We are pleased with the first quarter results and continue to benefit from the firm's unique ability to help clients across a broad spectrum of alternative investment strategies and implementation models," said Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor.

GCM Grosvenor Reports Strong First Quarter Fiscal 2021 Results

CHICAGO, May 3, 2021 /PRNewswire/ -- GCM Grosvenor, Inc. (NASDAQ: GCMG) (or the "Company"), a global alternative asset management solutions provider, today announced in a Current Report on Form 8-K that in response to recent guidance issued by the staff of the Securities and Exchange Commission on April 12, 2021 (the "SEC Statement") related to accounting for warrants issued by special purpose acquisition companies ("SPACs"), the Company will restate its previously issued consolidated financial statements for the fiscal year ended December 31, 2020 (the "restatement") by filing an amended annual report on Form 10-K with the SEC. The restatement will relate to the treatment of the Company's warrants, and it will have no impact on the Company's previously communicated non-GAAP earnings metrics for 2020 or guidance for 2021, including fee related earnings, adjusted EBITDA and adjusted net income.

GCM Grosvenor Responds to SEC Guidance Relating to Warrants

CHICAGO, April 29, 2021 /PRNewswire/ -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today announced that it has met its June 2019 stated objective of allocating an additional $2 billion to women and minority investment managers more than a year ahead of the targeted three-year timeline. Since formalizing its diverse manager investment efforts in 2002, GCM Grosvenor has invested and committed approximately $8 billion to women and minority alternative investment managers.

GCM Grosvenor Exceeds $2 Billion Diverse Manager Allocation Target More Than One Year Ahead of Schedule

CHICAGO, April 26, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, announced today that Brad Ballard and Lisa Griffith are joining the firm to grow GCM Grosvenor's Canadian client base. Brad and Lisa will be located in Toronto and be dedicated to serving the Canadian market.

GCM Grosvenor Expands in Canada

CHICAGO, Feb. 11, 2021 /PRNewswire/ -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management firm, announced today that it will release its results for the fourth quarter and full year 2020 on Thursday February 25, 2021. Management will host a webcast and conference call on...

GCM Grosvenor Schedules Release of Fourth Quarter and Full Year 2020 Financial Results and Investor Conference Call

SEACOR Hlds

Ralph Lauren

Trupanion

Royce Investment Partners, the firm founded by Chuck Royce (Trades, Portfolio), disclosed this week that the firm's top four trades included a new position in GCM Grosvenor Inc. (NASDAQ:GCMG), a position boost in Ralph Lauren Corp. (NYSE:RL) and reductions in SEACOR Holdings Inc. (NYSE:CKH) and Trupanion Inc. (NASDAQ:TRUP).

Top 4 4th-Quarter Trades of Chuck Royce's Firm

CHICAGO, Jan. 4, 2021 /PRNewswire/ -- The Board of Directors of GCM Grosvenor Inc. (Nasdaq: GCMG) declared a quarterly dividend of $0.06 per share on the outstanding Class A common stock of GCMG. The Board's declaration is consistent with GCM Grosvenor management's previously disclosed...

Board Approves GCM Grosvenor $0.06 per Share Dividend Payable March 15, 2021 to Stockholders of Record on March 1, 2021

Alaska Communications Systems Group, Inc.

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”), together with Macquarie Capital (“Macquarie Capital”) and GCM Grosvenor (NASDAQ: GCMG), through its Labor Impact Fund, L.P. (“GCM”), today announced that on December 21, 2020, they agreed to an amendment of their previously announced definitive amended and restated agreement and plan of merger to increase the per-share consideration payable to Alaska Communica

Alaska Communications Announces Amendment of Amended & Restated Merger Agreement with Macquarie Capital and GCM Grosvenor to Increase Consideration to $3.26 per Share

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