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GCM Grosvenor reported a strong fourth quarter and full year 2021, with $9.4 billion of capital raised, a 16% increase in Assets Under Management, and a 24% increase in revenue for the year. The company's Board of Directors also increased the stock repurchase plan by $20 million.
Assets Under Management increased 16% year-over-year to $72.1 billion.
Fee-Paying Assets Under Management increased 13% year-over-year to $58.7 billion.
Revenue increased 23% year-over-year to $190.6 million.
Adjusted Net Income increased 23% year-over-year to $56.8 million.
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