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GCM Grosvenor Inc. - GCMG STOCK NEWS

Welcome to our dedicated page for GCM Grosvenor news (Ticker: GCMG), a resource for investors and traders seeking the latest updates and insights on GCM Grosvenor stock.

GCM Grosvenor Inc. (Nasdaq: GCMG) is a globally recognized alternative asset management firm, boasting approximately $79 billion in assets under management (AUM) as of 2024. The firm specializes in a diverse range of investment strategies, including private equity, infrastructure, real estate, credit, and absolute return investments. Established in 1971, GCM Grosvenor has built a reputable legacy in delivering customized portfolio solutions to institutional and high net worth investors.

Headquartered in Chicago, GCM Grosvenor operates a network of offices in key financial hubs such as New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. With a team of about 550 experienced professionals, the company serves a global clientele, offering both multi-manager portfolios and direct investment opportunities.

GCM Grosvenor's capabilities extend to developing tailored portfolios for clients actively involved in their investment programs, as well as providing turn-key solutions for those seeking comprehensive management. The firm's robust investment platform is known for its flexibility and cross-asset class expertise, which has been instrumental in its continued growth and success.

Recent achievements include the successful launch of CIS III, a fund aimed at offering diverse infrastructure investment opportunities, and strategic partnerships like that with Stablewood to finance single-tenant net lease retail projects. GCM Grosvenor continues to thrive by leveraging its global sourcing strategy and adaptable investment approaches.

Key news highlights from GCM Grosvenor include:

  • Reporting robust financial results for Q3 and Q1 of 2023 and 2024 respectively, with conference calls available for public shareholders.
  • Expansion of the Developer Capital Platform in partnership with Stablewood, focusing on retail development projects across the U.S.
  • Strategic collaboration with Invidia Capital Management, led by former Goldman Sachs Healthcare Investing head Jo Natauri, to support healthcare innovation.

For more information about GCM Grosvenor, its investments, and latest updates, visit their official website at www.gcmgrosvenor.com.

News

Stablewood and GCM Grosvenor Form Joint Venture to fund Single Tenant Net Lease Retail Developments Across the U.S.

Rhea-AI Summary
Stablewood (STBL) partners with GCM Grosvenor to provide construction financing and forward purchase options for single-tenant-net-lease retail projects. The venture aims to support experienced developers with capital and reduce risks while meeting the high demand for new stores.
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GCM Grosvenor Reports Third Quarter 2023 Earnings Results

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GCM Grosvenor (Nasdaq: GCMG) reports Q3 2023 results, available on their website. A conference call to discuss financial results will be held today at 9:30 a.m. ET, accessible via webcast or phone.
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GCM Grosvenor Customized Infrastructure Strategies III Fund Holds Final Close as Firm Continues to See Strong Demand for Infrastructure Investments

Rhea-AI Summary
GCM Grosvenor's CIS III completed its final close with $882 million in committed capital, marking a 37% increase in commitments compared to its predecessor fund. The firm now has approximately $13 billion of infrastructure assets under management. CIS III aims to provide investors with a diversified set of infrastructure opportunities globally, including transportation, energy transition, digital infrastructure, battery storage, and e-commerce logistics.
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Excolere Equity Partners Announces Firm’s Launch and Strategic Investment from GCM Grosvenor

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Excolere Equity Partners announces strategic partnership with GCM Grosvenor's Elevate strategy in the education and human capital management sectors. The partnership will accelerate hiring of top talent and operational infrastructure. Excolere focuses on segments within the education and HCM sector poised for growth.
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GCM Grosvenor to Announce Third Quarter 2023 Financial Results and Host Investor Conference Call on November 8, 2023

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GCM Grosvenor to release Q3 2023 results on November 8, 2023
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Alpaca Launches Private Equity Real Estate Platform

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Alpaca launches Alpaca Real Estate with anchor capital from GCM Grosvenor. The platform aims to capitalize on dislocations in capital markets and operating fundamentals. It will focus on investment opportunities requiring recapitalization, repositioning, strategic capital, and/or physical transformation. Alpaca plans to leverage technology to enhance efficiencies. Carr and Weiss bring over a dozen years of experience in real estate investing. Alpaca believes it is well positioned with its history of investing in PropTech and sustainability companies.
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GCM Grosvenor to Join Vesper Energy as New Strategic Partner

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Vesper Energy secures $100 million investment from GCM Grosvenor, expanding its renewable energy portfolio
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GCM Grosvenor Reports Second Quarter 2023 with Private Markets Fee-Paying AUM Increasing 12% From Q2 2022 and $1.5 billion of Fundraising; Firm Increases Share Repurchase Plan to $115 million

Rhea-AI Summary
GCM Grosvenor reports solid results for Q2 2023 with fundraising increasing by approximately 50% to $1.5 billion. Assets Under Management (AUM) increased 7% to $76.0 billion. Fee-Paying Assets Under Management (FPAUM) increased 5% to $60.6 billion. Private Markets FPAUM increased 12% while Absolute Return Strategies FPAUM decreased 5%. Revenue increased 3% to $107.6 million. Net Income decreased 36% to $4.8 million. Adjusted Net Income increased 3% to $22.7 million. GCM Grosvenor approved a dividend of $0.11 per share. Share repurchase authorization increased to $115 million.
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GCM Grosvenor to Announce Second Quarter 2023 Financial Results and Host Investor Conference Call on August 9, 2023

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GCM Grosvenor to Present at the Morgan Stanley US Financials, Payments and CRE Conference on June 14, 2023

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FAQ

What is the current stock price of GCM Grosvenor (GCMG)?

The current stock price of GCM Grosvenor (GCMG) is $12.24 as of November 21, 2024.

What is the market cap of GCM Grosvenor (GCMG)?

The market cap of GCM Grosvenor (GCMG) is approximately 558.5M.

What is GCM Grosvenor Inc.?

GCM Grosvenor Inc. is a global alternative asset management firm with approximately $79 billion in assets under management, specializing in private equity, infrastructure, real estate, credit, and absolute return strategies.

Where is GCM Grosvenor headquartered?

GCM Grosvenor is headquartered in Chicago, with additional offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney.

What types of investment solutions does GCM Grosvenor offer?

GCM Grosvenor offers customized portfolios, multi-manager portfolios, and direct investment opportunities across various asset classes such as private equity, infrastructure, and real estate.

How long has GCM Grosvenor been in operation?

GCM Grosvenor has been providing alternative investment solutions since 1971.

Who are the clients of GCM Grosvenor?

GCM Grosvenor serves a global client base of institutional and high net worth investors, including corporate and public pension plans, financial institutions, sovereign entities, and individual investors.

What are some recent developments at GCM Grosvenor?

Recent developments include the launch of the CIS III fund for infrastructure investments and a strategic partnership with Stablewood for retail development financing.

How can I access GCM Grosvenor's financial results?

GCM Grosvenor's financial results are available on the Public Shareholders section of their website, and conference calls are held to discuss these results.

What is GCM Grosvenor's approach to investment?

GCM Grosvenor utilizes a comprehensive global sourcing strategy and flexible investment implementation approaches to deliver customized and turn-key investment solutions.

Is GCM Grosvenor involved in any strategic partnerships?

Yes, GCM Grosvenor has several strategic partnerships, including collaborations with Stablewood and Invidia Capital Management to expand their investment platforms.

How can I learn more about GCM Grosvenor?

For more information about GCM Grosvenor, their investments, and latest news, visit their official website at www.gcmgrosvenor.com.

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GCM Grosvenor Inc.

Nasdaq:GCMG

GCMG Rankings

#3020 Ranked by Market Cap
#837 Ranked by Dividends

GCMG Stock Data

558.55M
43.50M
3%
106.24%
8.03%
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