Loading...
•
Dec 31, 2022
GCM Q4 2022 Earnings Report
Reported fourth quarter and full year 2022 results.
Key Takeaways
GCM Grosvenor reported fourth quarter and full year results, with private markets management fees increasing 12% from 2021. The firm launched Sponsor Solutions with Elevate Strategy and raised $1.5 billion in the fourth quarter.
Fee-Paying Assets Under Management remained relatively flat at $58.9 billion.
Private Markets FPAUM increased 11% to $36.9 billion.
Absolute Return Strategies FPAUM decreased 14% to $22.0 billion.
GCM Grosvenor repurchased $5.9 million of Class A common stock during the fourth quarter.
Forward Guidance
GCM Grosvenor's Board of Directors increased the firm's existing share repurchase plan authorization by $25 million, from $65 million to $90 million.
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...