Credit
APPROXIMATELY
40 YEARS
INVESTING IN CREDIT
The Next Generation of Credit Investing
We’re transforming the future of credit investing with a platform that’s diversified and all-encompassing. Whether you’re an established institution or a newcomer to the credit landscape, we can offer you unmatched access to a spectrum of solutions and streamlined capital efficiency.
$14B
AUM
190+
CLIENTS IN CREDIT-
FOCUSED MANDATES1
1,000+
The next generation of credit investing.Â
We’re transforming the future of credit investing with a platform that’s diversified and all-encompassing. Whether you’re an established institution or a newcomer to the credit landscape, we can offer you unmatched access to a spectrum of solutions and streamlined capital efficiency.
$14B
AUM
190+
CLIENTS IN
CREDIT-FOCUSED MANDATES1
1,000+
Unrivaled Market Reach
Covering every strategy and approach, across public and private markets, our platform unlocks the potential for higher returns with mitigated risk.Â
Seamless Execution, Maximum Impact
Designed to cut fees, reduce structural costs, and boost efficiency, our streamlined platform allows your capital to work harder and go further.Â
No assurance can be given that any investment will achieve its objectives or avoid losses. Unless apparent from context, all statements herein represent GCM Grosvenor’s opinion.
TODAY'S
Credit Programs
- Diversified across sub strategies and implementation types, including co-investments and secondaries
- Lower fees and costs of implementation
- Efficient utilization of client capital
YESTERDAY'S
Credit Programs
- Lacking diversification
- High fee structure
- Suboptimal capital utilizations
TODAY’S
Credit Programs
- Diversified across sub strategies and implementation types, including co-investments and secondaries
- Lower fees and costs of implementation
- Efficient utilization of client capital
YESTERDAY’S
Credit Programs
- Lacking diversification
- High fee structure
- Suboptimal capital utilizations
Tailored Solutions
Tailored Solutions
Single Point of Entry
Who Can Benefit:
Investors with limited credit exposure
The Solution:
A custom, diversified solution that acts as a single point of entry to credit through primaries, secondaries, and co-investments
Complementary Exposure
Who Can Benefit:
Investors looking to scale beyond traditional direct lending
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The Solution:
Diversified exposure(s) through leveraging our extensive deal flow and strong execution platform
Strategic partnership
Who Can Benefit:
Investors with sophisticated credit programs
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The Solution:
A strategic partnership through which investors can increase their credit exposure through co-investments and secondaries and leverage our execution platform to enhance their in-house capabilities
Capital efficiency
Who Can Benefit:
Organizations subject to capital charges
The Solution:
A custom solution that allows a client to benefit from credit exposure in a capital efficient manner
Why GCM Grosvenor for Credit?
Extensive Platform and Track Record
We have been investing in credit strategies for nearly 40 years.
World Class Sourcing
Our global, open-architecture platform allows us to leverage a deep network of managers and market participants to source high quality deals.Â
Flexible Implementation
We have the ability to invest across the credit landscape including primaries, secondaries, and co-investments.Â
Seemless Execution
We have developed a proven process for reducing the burden on investors and allocating capital to attractive opportunities within fragmented credit markets.
How We Invest
Co-Investments
Investments made directly into businesses or securities in partnership with a sponsor.Â
Secondary Transactions
Purchased interests in existing funds (traditional LP deals) and participation in the rapidly growing GP-led market segment.Â
Direct Investments
Investments made directly into businesses or securities.Â
Fund Investments
Investments in managers’ multi-client funds; such investments are also known as primary investments.Â
Credit opportunities across the liquidity spectrum
MORE LIQUID (+)
LESS LIQUID (-)
Structured Credit
- RMBS
- CMBS
Corporate Credit
- Large cap distressed
- High yield short
- Long/short credit
Structured Credit
- CLO debt/equity
- CDOs
Corporate Credit
- Liquidation claims
- Middle market stressed
Specialty/Niche Credit
- Performing loan pools
Distressed Credit
- Influence/non-control
Mezzanine
- Subordinated debt
- Structured equity
Specialty/Niche Credit
- Aircraft / shipping
- Regulatory capital
- Litigation finance
- Healthcare royalties
- Non-performing loan pools
Distressed Credit
- TurnaroundÂ
- Distress for control
Real Assets
- Real estate lending
- Project financing
- Infrastructure debt
Direct Lending
- Specialty lending
- Rescue lending
- First lien
- Unitranche
For illustrative purposes only.Â
Credit opportunities
across the liquidity spectrum
MORE LIQUID (+)
Structured Credit
- RMBS
- CMBS
Corporate Credit
- Large cap distressed
- High yield short
- Long/short credit
Structured Credit
- CLO debt/equity
- CDOs
Corporate Credit
- Liquidation claims
- Middle market stressed
Specialty/Niche Credit
- Performing loan pools
Distressed Credit
- Influence/non-control
Mezzanine
- Subordinated debt
- Structured equity
Specialty/Niche Credit
- Aircraft / shipping
- Regulatory capital
- Litigation finance
- Healthcare royalties
- Non-performing loan pools
Distressed Credit
- TurnaroundÂ
- Distress for control
LESS LIQUID (-)
Real Assets
- Real estate lending
- Project financing
- Infrastructure debt
Direct Lending
- Specialty lending
- Rescue lending
- First lien
- Unitranche
For illustrative purposes only.Â
Related News and Insights
Investments in alternatives are speculative and involve substantial risk, including strategy risks, manager risks, market risks, and structural/ operational risks, and may result in the possible loss of your entire investment. Past performance is not necessarily indicative of future results.
Data as of September 30, 2024, unless otherwise noted. Client count includes clients invested in all multi-client credit focused portfolios and single-client mandates for which there has been a heavy emphasis on credit (greater than 75%).
1 As of December 31, 2023, reported annually.
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2 As of June 30, 2024.Â