Loading...
•
Sep 30, 2021
GCM Q3 2021 Earnings Report
Reported strong results with $3 billion of fundraising, 20% year-over-year growth in assets under management and an increased dividend.
Key Takeaways
GCM Grosvenor reported a strong third quarter with good investment results, fundraising, and business performance. The Board of Directors approved an 11% increase in the firm's quarterly dividend.
Assets Under Management increased 20% year-over-year to $70.5 billion.
Fee-Paying Assets Under Management increased 13% year-over-year to $56.6 billion.
Revenue increased 16% year-over-year to $118.1 million.
Adjusted Net Income increased 16% year-over-year to $23.8 million.
Forward Guidance
The outlook with regard to the remainder of 2021 and 2022 is positive.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...