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Globe and Mail
21-05-2025
- Business
- Globe and Mail
GCM Grosvenor to Present at the William Blair 45th Annual Growth Stock Conference on June 4, 2025
CHICAGO, May 21, 2025 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor, will present at the William Blair 45 th Annual Growth Stock Conference on Wednesday, June 4 at 8:40 a.m. CDT. A link to the live audio webcast of the presentation will be available on GCM Grosvenor's public shareholders website and the event website. For those unable to listen to the live audio webcast, a replay will be available for 90 days following the presentation. About GCM Grosvenor GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $82 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor's experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: Public Shareholders Contact Stacie Selinger sselinger@ 312-506-6583
Yahoo
08-05-2025
- Business
- Yahoo
GCM Grosvenor Inc (GCMG) Q1 2025 Earnings Call Highlights: Record Fundraising and Strategic ...
Q : Can you discuss the factors affecting the 5% to 8% growth in private markets management fees for 2025 and what could drive it back to 10%+ in the long term? A : Michael Sacks, CEO, explained that short-term factors include how much of the funds raised go directly to fee-paying AUM versus contracted not yet fee-paying AUM, and the speed of deployment from the latter. Long-term, the outlook remains strong, with significant fundraising increases and a robust pipeline. The ability to meet FRE goals by 2028 remains solid. Incentive fee levels for the industry and GCM Grosvenor Inc ( NASDAQ:GCMG ) are unlikely to reach the levels experienced last year due to challenging equity markets. Market volatility and uncertainty related to trade and tax policy are expected to keep deployment and transaction levels depressed. GCM Grosvenor Inc ( NASDAQ:GCMG ) announced two strategic initiatives: a joint venture called Grove Lane and a strategic partnership in Japan, both expected to contribute significantly to future revenue and profit. The company achieved its highest quarterly fundraising level in over two years, with a total of $2.9 billion. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story continues Q: What are the biggest opportunities for international fundraising, and how do you see the trend evolving? A: Michael Sacks noted that opportunities are significant globally, with strong demand in all investor channels. The individual investor opportunity, both in the US and internationally, is seen as a tremendous opportunity. Jonathan Levin added that while the business has been about 60%-65% Americas-based, the individual investor channel is expected to grow significantly. Q: Can you elaborate on the SuMi Trust partnership and its potential impact? A: Michael Sacks stated that SuMi Trust is a significant player in Japan, and while the initial capital raise target is modest, the potential is much greater. The partnership is non-exclusive, allowing for other collaborations. There are no current plans for SuMi Trust to increase its stake in GCMG. Q: How does the current market volatility affect your deployment strategy, especially given your strong SMA growth? A: Michael Sacks clarified that while there's less visibility due to policy volatility, the long-term structure of the business remains unchanged. The current slowdown in transaction levels is seen as short-term, with expectations for improvement as policy uncertainties clear. Q: What is the rationale behind the Grove Lane joint venture, and where will initial efforts focus? A: Michael Sacks explained that the JV structure allows for attracting top talent with ownership incentives. The individual investor channel is under-allocated to alternatives, presenting a significant growth opportunity despite current market uncertainties. The JV is structured to mature over time, enhancing distribution capabilities. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
