News


September 18, 2020

GCM Grosvenor Reports Strong Second Quarter Fiscal 2020 Results, Continued Positive Trends in July and August. Management expects to outperform prior full year 2020 forecast.

PRESS RELEASE

GCM Grosvenor today reported its results for the second fiscal quarter ended June 30, 2020, including GAAP Net Income of $5.9 million, Adjusted Pre-Tax Income of $19.8 million, Adjusted EBITDA of $26.2 million and Adjusted Fee-Related Earnings of $25.1 million, all of which increased over prior quarter ended March 31, 2020.


September 14, 2020

GCM Grosvenor Closes its Labor Impact Fund

PRESS RELEASE

GCM Grosvenor, a global alternative asset manager, announced today that it completed the final close for its Labor Impact Fund on September 7, 2020, Labor Day in the United States, with $893 million in committed capital, at the high end of its targeted range.


August 27, 2020

Pamela Bentley to Join GCM Grosvenor

PRESS RELEASE

GCM Grosvenor, a global alternative asset management firm, announced today that Pamela Bentley will join the firm. She will become Chief Financial Officer of GCM Grosvenor on January 1, 2021.


August 3, 2020

GCM Grosvenor to Become a Public Company

PRESS RELEASE

GCM Grosvenor, a global alternative asset management firm, will become a public company through a merger with CF Finance Acquisition Corp. (“CFAC”) (NASDAQ: CFFA), a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm.


June 3, 2020

GCM Grosvenor Closes on its $85 Million Strategic Capital Partnership with Bakersfield Renewable Fuels

PRESS RELEASE

GCM Grosvenor, a global alternative asset management firm, announced today that it has closed on providing $85 million in debt financing to Bakersfield Renewable Fuels (“BKRF”) for the retooling of the former Alon oil refinery in Bakersfield, California.


June 2, 2020

Amy Wierenga Joins GCM Grosvenor as Chief Risk Officer

PRESS RELEASE

GCM Grosvenor, a global alternative asset management firm, announced today that Amy Wierenga has joined the firm as Chief Risk Officer.


April 13, 2020

GCM Grosvenor Closes its Second Co-Investment Fund

PRESS RELEASE

GCM Grosvenor, a global alternative asset manager, announced today that it completed the final close for its Co-Investment Opportunities Fund II with approximately $540 million in committed capital.


February 3, 2020

Eric Levin Joins GCM Grosvenor as Chief Technology Officer

PRESS RELEASE

GCM Grosvenor announced that Eric Levin joined the firm as Chief Technology Officer, based in the firm’s Chicago headquarters.


December 23, 2019

GCM Grosvenor Announces Agreement to Acquire 49.9% Equity Interest in Long Ridge Energy Terminal from Fortress Transportation and Infrastructure Investors

PRESS RELEASE

GCM Grosvenor, a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire a 49.9% equity interest in the Long Ridge Energy Terminal from Fortress Transportation and Infrastructure Investors for $150 million in cash plus an earn-out.


December 10, 2019

GCM Grosvenor Closes its Second Multi-Asset Class Fund

PRESS RELEASE

GCM Grosvenor, a global alternative asset manager, announced today that it completed the final close for Multi-Asset Class Fund II at the high end of its targeted capital raise with $983 million in committed capital.