News


January 4, 2021

Board Approves GCM Grosvenor $0.06 per Share Dividend

PRESS RELEASE

The Board of Directors of GCM Grosvenor Inc. (Nasdaq: GCMG) declared a quarterly dividend of $0.06 per share on the outstanding Class A common stock of GCMG, payable on March 15, 2021 to stockholders of record as of the close of business on March 1, 2021.


December 8, 2020

GCM Grosvenor Named as a Founding Signatory of ILPA’s Diversity in Action Initiative

PRESS RELEASE

GCM Grosvenor announced that it is a Founding Signatory of the Institutional Limited Partners Association (ILPA) Diversity in Action initiative, reinforcing its commitment to advancing diversity, equity, and inclusion at its firm and in the private equity industry.


November 19, 2020

GCM Grosvenor Reports Strong Third Quarter Fiscal 2020 and Increases Dividend Recommendation from $0.20 to $0.24 per annum

PRESS RELEASE

GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported its results for the third fiscal quarter ended September 30, 2020.


November 17, 2020

GCM Grosvenor Announces Completion of Business Combination

PRESS RELEASE

GCM Grosvenor and CF Finance Acquisition Corp. (“CFAC”) (NASDAQ: CFFA) announced today that they have completed their business combination. The Class A common stock of the combined company, which will operate as GCM Grosvenor Inc., is scheduled to begin trading on The Nasdaq Capital Market under the ticker “GCMG” beginning on November 18, 2020.


November 6, 2020

CF Finance Acquisition Corp. and GCM Grosvenor Announce Receipt of All Approvals Required for Business Combination

PRESS RELEASE

CF Finance Acquisition Corp. (NASDAQ: CFFA) and GCM Grosvenor, a global alternative asset management firm, announced today that they have received all required approvals for their previously announced business combination.


October 22, 2020

GCM Grosvenor Raises its 2020 Adjusted EBITDA and Adjusted Net Income Guidance; Announces Special Meeting of CFAC Stockholders and Board of Directors

Press Release

Global Alternative Asset Management Firm Sets Special Meeting of CFAC Stockholders to Vote on Pending Business Combination for November 3, 2020.


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.