GCM Grosvenor reported a strong second quarter with AUM increasing 6% year-over-year to $71.2 billion. Fee-Related Revenue increased 8% to $91.5 million, and GAAP Net Income Attributable to GCM Grosvenor Inc. increased 1,059% to $7.6 million.
Assets Under Management increased 6% from June 30, 2021, remaining consistent with March 31, 2022, at $71.2 billion.
Fee-Paying Assets Under Management increased 4% from the prior year, reaching $57.5 billion.
Private Markets Management Fees increased 19% from the prior year to $50.4 million.
GAAP Net Income Attributable to GCM Grosvenor Inc. increased 1,059% from the prior year to $7.6 million.
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