Brief: GCM Grosvenor Inc Reports Strong Second Quarter 2022

GCM Grosvenor

09/08/2022 15:18

Aug 9 (Reuters) - GCM Grosvenor Inc  GCMG.O :
    * GCM GROSVENOR REPORTS STRONG SECOND QUARTER 2022 LED BY
PRIVATE
MARKETS STRATEGIES. PRIVATE MARKETS MANAGEMENT FEES INCREASED
19% OVER SECOND QUARTER 2021. PRIVATE MARKETS REACHED 67% OF
FIRM ASSETS UNDER MANAGEMENT. MIX SHIFT TO SECONDARIES,
CO-INVESTMEN
    * GCM GROSVENOR INC - QTRLY TOTAL OPERATING REVENUES $104.4
MILLION VERSUS $ 119.7 MILLION
    * GCM GROSVENOR INC - ADJUSTED NET INCOME INCREASED 14% FROM
PRIOR
YEAR QTD TO $22.1 MILLION AND INCREASED 20% FROM PRIOR YEAR YTD
TO $45.9 MILLION

Source text for Eikon:  ID:nGNX8Kr96m 
Further company coverage:  GCMG.O 

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