Brief: GCM Grosvenor Reports Q1 Financial Results
May 10 (Reuters) - GCM Grosvenor Inc GCMG.O :
* GCM GROSVENOR REPORTS FIRST QUARTER 2022 WITH 10% GROWTH
IN
ASSETS UNDER MANAGEMENT, 86% GROWTH IN GAAP NET INCOME AND 26%
GROWTH IN ADJUSTED NET INCOME
* REVENUE INCREASED 2% FROM QUARTER ENDED MARCH 31, 2021 TO
$105.1
MILLION
* ASSETS UNDER MANAGEMENT INCREASED 10% FROM MARCH 31, 2021
TO
$71.3 BILLION AS OF MARCH 31, 2022
Source text for Eikon: ID:nGNX3LqD2Y
Further company coverage: GCMG.O
((Reuters.Briefs@thomsonreuters.com;))
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