Responsible Investing

RESPONSIBLE INVESTMENT POLICY

We invest in ESG themes and manage ESG-focused portfolios on behalf of clients in accordance with our Responsible Investment Policy.

The Policy’s objectives apply to 100% of investments across our alternatives platform:

  • Integrate ESG considerations into each step of investment process
  • Evaluate and set standards for fund governance
  • Seek disclosure of ESG issues from investment managers
  • Contribute to Principles for Responsible Investment (PRI); promote industry acceptance
  • Provide reporting to clients on ESG issues
  • Improve ESG-related monitoring, investment contribution and reporting

Our initiatives underscore our continued dedication to responsible investment practices.


ESG FACTORS

GCM Grosvenor considers environmental, social and governance (ESG) factors as important aspects of our fiduciary responsibility to our clients. We promote sustainable and responsible investing by incorporating key ESG considerations into our investment process across asset classes. ESG themes include:

Environmental:

climate change; energy efficiency; resource management; waste and pollution management

Social:

civil/human rights; diversity; education; global health; housing; community relations and philanthropy; labor relations; product safety

Corporate Governance:

board accountability; executive compensation; ethics and compliance; political lobbying and contributions; shareholder rights; cyber security


SIGNATORY TO THE PRI

We are committed to driving a better industry and are proud to be a signatory to the Principles for Responsible Investment (PRI). To carry out these principles, we engage in various PRI-related activities, share knowledge about responsible investing with industry colleagues, and educate our employees.

As part of our commitment, we submit an annual Responsible Investing Transparency Report to the PRI. We received an A+ rating from the PRI for our overarching approach to ESG strategy and governance and an A+ rating for ESG integration in private equity manager selection, approval, and monitoring.

GCM Grosvenor conducts its investment management business through its registered investment manager subsidiaries, Grosvenor Capital Management, L.P. and GCM Customized Fund Investment Group, L.P. Grosvenor Capital Management, L.P. became a signatory to the PRI in 2012 and GCM Customized Fund Investment Group, L.P. became a signatory in 2015. In March 2017, GCM Grosvenor became a signatory and replaced the status of the two registered investment manager subsidiaries as PRI signatories.

GCM Grosvenor’s 2019 report
Assessment methodology


ENDORSER OF ILPA PRINCIPLES

We endorse the Institutional Limited Partners Association (ILPA) private equity principles, guidelines and best practices, including with respect to fee reporting. We participate in their initiatives to:

  • Template or standardize Limited Partner Agreements (LPAs)
  • Establish best practices in operational due diligence
  • Develop emerging and diverse manager programs

We also spoke at the June 2019 ILPA Members Conference to introduce best practices in building a sustainable emerging and diverse manager program.