 | |
 Headquarters at 900 North Michigan | |
| Company type | Public company[1] |
|---|---|
| Nasdaq: GCMG | |
| Industry | Investment management |
| Founded | 1971 |
| Founder | Richard Elden |
| Headquarters | 900 North Michigan Chicago, Illinois, United States |
Key people | Michael Sacks |
| Products | Hedge funds, private equity, infrastructure, real estate credit, multi-asset class, ESG |
| AUM | ~$76 billion (2023) |
Number of employees | ~530 |
| Website | www.gcmgrosvenor.com |
GCM Grosvenor (Nasdaq: GCMG) is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.[2]
GCM Grosvenor manages assets on behalf of a global client base across hedge fund strategies, private equity, real estate, infrastructure, and multi-asset class investments. The firm specializes in developing customized portfolios for clients who want an active role in their alternatives programs; it also provides multi-client portfolios for investors. Investment offerings include direct and co-investments, secondaries, and multi-manager portfolios. GCM Grosvenor's clients are mostly institutions, such as pension funds, sovereign wealth entities, financial institutions, corporations, insurance companies, charitable organizations, and endowments.[3]
GCM Grosvenor has more than $15 billion invested and committed to Environmental, Social and Governance (ESG) themes, and as a signatory to the Principles for Responsible Investment (PRI), GCM Grosvenor received an A+ rating from the PRI in 2020 for its overarching approach to ESG strategy and governance and an A+ rating for ESG integration in manager selection, approval, and monitoring.[4][5]
GCM Grosvenor has over $30 billion in assets under management with small, early-stage, diverse, and women alternative investment managers. [6] In 2023, the firm is combining their two longstanding conference, Consortium and the Small and Emerging Managers (SEM) Conference, into one flagship event focused on driving the diverse and emerging manager industry forward. [7]
- ^ "GCM Grosvenor and Cantor Fitzgerald SPAC merge and goes public". PE Hub. November 18, 2020.
- ^ "GCM Grosvenor Opens Office in Australia, Expanding Presence in Asia-Pacific Region, and Hires Andy Lukas to Lead Australia/New Zealand Business Development Efforts". GlobeNewswire News Room. Retrieved April 14, 2023.
- ^ Erika Morphy (December 10, 2019). "GCM Grosvenor Closes Nearly $1B Fund". GlobeSt.com.
- ^ "GCM Grosvenor granted top rating by PRI". Private Equity Wire. September 5, 2019.
- ^ "Grosvenor Capital Management LLC". Bloomberg L.P. January 16, 2020.
- ^ "GCM Grosvenor Announces Launch of Sponsor Solutions Effort Focused on Seeding Small, Emerging, and Diverse Private Equity Firms; CalPERS Commits $500 Million to the Strategy". GlobeNewswire News Room. Retrieved April 14, 2023.
- ^ "Emerging Manager Monthly | Investment industry trends & investor profiles". Emerging Manager Monthly, February 2023 Edition (Vol. XVIII, Issue 2) pg. 21. Retrieved April 14, 2023.