GCM Grosvenor Reports Strong First Quarter Fiscal 2021 Results
Total Assets Under Management Grow 16% From 1Q 2020 to $65 billion
Fee-Paying Assets Under Management and Contracted Not Yet Fee-Paying Assets Under Management Increase 12% and 38% Respectively From 1Q 2020
Management Fees Increased 6% From 1Q 2020
Absolute Return Strategies Sees Net Inflows
News provided by
Share this article
Share this article
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. Our results were in line with our expectations and demonstrate the strength of th
No Headlines Available GCM Grosvenor Inc. Cl A
GCM Grosvenor, Inc. provides global alternative asset management solutions. The company 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. Its offerings include multi-manager portfolios as well as portfolios of direct investments and co-investments. The company 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.
94 firms cited as best of bunch pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.