GCM Grosvenor reported a GAAP net income of $0.5 million for the first quarter of 2025. The company also saw significant increases in fundraising, fee-related earnings, and adjusted net income compared to the previous year.
Quarter-to-date fundraising increased by 77% year-over-year.
GAAP Net Income for the quarter was $0.5 million.
Fee-Related Earnings increased by 22% year-over-year.
Adjusted Net Income increased by 30% year-over-year.
The company's Board of Directors approved a $0.11 per share dividend payable on June 16, 2025, to shareholders on record June 6, 2025. The share repurchase plan authorization is $190.0 million as of March 31, 2025.
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