GCM Grosvenor Inc (OQ:GCMG)
Business Focus: Wealth Management
| Sector: Financials | Industry: Investment Management & Fund Operators |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 900 North Michigan Avenue, Suite 1100 CHICAGO IL 60611 |
| Tel: | N/A |
| Website: | https://www.gcmgrosvenor.com |
| IR: | See website |
| Key People | ||
| Michael J. Sacks Chairman of the Board, Chief Executive Officer | Jonathan R. Levin President, Director | Pamela L. Bentley Chief Financial Officer | Sandra Buchanan Hurse Chief Human Resource Officer, Managing Director |
| Business Overview |
| GCM Grosvenor Inc. is an alternative asset management solutions provider. It invests on a primary basis and through direct-oriented strategies, which it defines as secondaries, co-investments, direct investments and seed investments. It operates customized separate accounts and commingled funds. It collaborates with its clients to invest on their behalf across the private and public markets, either through portfolios customized to meet a client's specific objectives or through specialized commingled funds that are developed to meet market demands for strategies and risk-return objectives. It operates through private markets and absolute return strategies. Private markets and absolute return strategies are primarily defined by the liquidity of the underlying securities purchased, the length of the client commitment, and the form and timing of incentive fees. Its investment strategies include Infrastructure, Real Estate, Alternative Credit, Sustainable and Impact Investing, and others. |
| Financial Overview |
| For the three months ended 31 March 2024, GCM Grosvenor Inc revenues increased 10% to $108.9M. Net income totaled $2.1M vs. loss of $1.2M. Revenues reflect Incentive fees increase of 74% to $10.1M, Management fees increase of 4% to $95.9M, Other operating income increase from $1.1M to $2.9M. Net Income reflects Interest expense decrease of 11% to $5.9M (expense), Selling/General/Admin Expense decrease of 2% to $25.2M (expense). |
| Employees: | 538 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $2,140M as of Mar 31, 2024 |
| Annual revenue (TTM): | $454.75M as of Mar 31, 2024 |
| EBITDA (TTM): | -$5.57M as of Mar 31, 2024 |
| Net annual income (TTM): | $16.13M as of Mar 31, 2024 |
| Free cash flow (TTM): | $26.62M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $342.14M as of Mar 31, 2024 |
| Shares outstanding: | 188,458,459 as of May 3, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.