GCM Grosvenor Finalizes $615 Million Co-Investment Fund

Funding | Feb 25, 2025 | Grosvenor Capital Management L

GCM Grosvenor Finalizes $615 Million Co-Investment Fund

GCM Grosvenor, a global alternative asset management firm, has announced the final closing of its GCM Grosvenor Co-Investment Opportunities Fund III, successfully raising approximately $615 million. This represents a significant increase over its predecessor, GCM II. Overall, it boosts the firm's total private equity co-investment commitments to $9 billion, solidifying its standing as a leader in co-investment strategies. The fund attracted a diverse range of investors, from public and corporate pension plans to financial institutions and family offices located globally. The fund's strategy focuses on co-investments particularly targeting middle-market growth and buyout transactions. Michael Sacks, Chairman and CEO, emphasized the role of GCM's established partnerships and sourcing capabilities in differentiating its offerings in a dynamic private markets sector. The firm has a substantial investment management footprint with $80 billion in assets across various strategies including private equity, infrastructure, and real estate. Founded over 50 years ago, GCM Grosvenor consistently aims to deliver value through its extensive expertise and flexible platform.

Sectors

  • Private Equity
  • Asset Management

Geography

  • United States – GCM Grosvenor is headquartered in Chicago, and its activities and investor base are significantly comprised of entities from North America.
  • Global – The article mentions that GCM Grosvenor has a global client base with offices in North America, Europe, the Middle East, and Asia, indicating the international scope of its operations.

Industry

  • Private Equity – This article is primarily concerned with GCM Grosvenor's activities in Private Equity, highlighting a significant fund raising event for their co-investment strategies.
  • Asset Management – GCM Grosvenor is an alternative asset management firm, managing substantial assets across private equity, infrastructure, real estate and other strategies. This forms the backbone of the article.

Financials

  • $615 million – The total amount raised by GCM Grosvenor for Co-Investment Opportunities Fund III.
  • $9 billion – Total private equity co-investment commitments by GCM Grosvenor.

Participants

NameRoleTypeDescription
GCM GrosvenorPrivate Equity FirmCompanyA global alternative asset management solutions provider with a significant presence in private equity.
Michael SacksChairman and CEOPersonThe Chairman and Chief Executive Officer of GCM Grosvenor, involved in strategic decisions and public communications.