GCM Grosvenor Inc. (NASDAQ:GCMG) Q2 2023 Earnings Conference Call August 9, 2023 10:00 AM ET Company Participants Stacie Selinger – Head of Investor Relations Michael Sacks – Chairman and Chief Executive Officer Jon Levin – President Pam Bentley – Chief Financial Officer Conference Call Participants Ken Worthington – J.P. Morgan Michael Cyprys – Morgan Stanley Chris Kotowski – Oppenheimer and Company Operator Good day and welcome to the GCM Grosvenor Second Quarter 2023 Results Webcast. Later we will conduc ...

2023 Second Quarter Results Earnings Presentation Michael Sacks Chairman and Chief Executive Officer Jonathan Levin President Pamela Bentley Chief Financial Officer Stacie Selinger Head of Investor Relations 2 Second Quarter 2023 Results • Second quarter 2023 fundraising of $1.5 billion • 2023 Private Markets FPAUM increased 12% and Private Markets YTD management fees increased 8% over prior year • GCM Grosvenor's Board of Directors approved a $0.11 per share dividend payable on September 15, 2023 to shareh ...

公司业务 - 公司是一家领先的替代资产管理解决方案提供商，投资于所有主要的替代投资策略[75] - 公司与客户合作，在私人和公共市场上代表他们投资，通过定制的独立账户和混合基金[76] - 公司的收入主要来自管理费和激励费，包括携带利润和绩效费[86] - 公司提供投资管理/咨询服务，截至2023年6月30日，管理的资产达到760亿美元[86] - 公司通过GCM基金获得基金费用补偿收入，用于提供投资管理服务[87] - 公司的激励费基于基金的结果，包括绩效费和携带利润收入[88] - 携带利润是基于基金协议中的利润的性能分配，通常是基金有限合伙人的一部分[89] - 公司可能从某些GCM基金获得绩效费，通常与绝对回报策略相关[90] - 公司的其他营业收入主要包括来自某些私人投资工具的行政费用[91] 财务表现 - 2023年第二季度，公司总营收为10.76亿美元，较2022年同期的10.44亿美元略有增长[101] - 私募市场策略管理费为5,297.8万美元，绝对回报策略为3,675.2万美元，管理费总额为9,356.4万美元[101] - 2023年第二季度，员工薪酬和福利支出为1.15亿美元，较2022年同期的6.14亿美元大幅增加[104] - 2023年第二季度，投资收入为210.9万美元，较2022年同期的投资损失11.97万美元有所增长[108] - 2023年前两个季度，公司净利润为4,848万美元，较2022年同期的7,605万美元有所下降[101] - 2023年前两个季度，现金员工薪酬和福利支出为3.87亿美元，股权补偿为2.96亿美元，合伙权益补偿为7.42亿美元[104] - 2023年前两个季度，公司总支出为2.55亿美元，较2022年同期的1.72亿美元大幅增加[101] - 2023年前两个季度，公司净其他收入为1,780万美元，较2022年同期的1,285万美元有所增长[108] 资产管理情况 - 2023年6月30日，私募市场策略FPAUM在三个月内增加了10亿美元，达到391亿美元[115] - 2023年6月30日，绝对回报策略FPAUM在三个月内减少了3亿美元，降至215亿美元[116] - 2023年6月30日，未来待支付的合同AUM在三个月内增加了3亿美元，达到67亿美元[117] - 2023年6月30日，总AUM在三个月内增加了7亿美元，达到760亿美元[117] - 2023年6月30日，私募市场策略FPAUM在六个月内增加了22亿美元，达到391亿美元[119] - 2023年6月30日，绝对回报策略FPAUM在六个月内减少了5亿美元，降至215亿美元[120] - 2023年6月30日，未来待支付的合同AUM在六个月内减少了9亿美元，降至67亿美元[121] - 2023年6月30日，总AUM在六个月内增加了23亿美元，达到760亿美元[121] 财务指标 - 2023年6月30日，调整后的净收入为2271.9万美元[126] - 2023年6月30日，GCM Grosvenor的净激励费用为211.3万美元[126] - 调整税前收入、调整净收入和调整EBITDA是用于评估公司盈利能力的非GAAP指标[127] - 调整税前收入和调整净收入在2023年6月30日和2022年6月30日的三个月和六个月内分别为2971.1万美元和2208.3万美元[129] - 调整EBITDA在2023年6月30日和2022年6月30日的三个月和六个月内分别为3600.5万美元和3523.5万美元[129] 贷款情况 - 公司于2021年2月24日修改信贷协议，降低利率边际并延长到期日[136] - 公司于2021年6月23日进一步修改了其贷款设施，将总额从2.9亿美元增加到4亿美元[136] - 公司于2023年6月30日在贷款设施下有3.91亿美元的借款余额[137] - 公司于2023年6月30日可用的借款额度为4,820万美元[137] - 公司于2023年6月30日根据税收协议应支付给相关方的金额为5540万美元[141]

2023 First Quarter Results Earnings Presentation Michael Sacks Chairman and Chief Executive Officer Jonathan Levin President Pamela Bentley Chief Financial Officer Stacie Selinger Head of Investor Relations 2 First Quarter 2023 Results • First quarter 2023 fundraising of $940 million • 2023 Private Markets FPAUM increased 12% and Private Markets management fees increased 11% over prior year • GCM Grosvenor's Board of Directors approved a $0.11 per share dividend payable on June 15, 2023 to shareholders on r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q __________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39716 __________________________________ GCM Grosvenor Inc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-K __________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39716 __________________________________ GCM Grosvenor Inc. (Exact Name of Registrant as Specifie ...

Grosvenor Capital Management, L.P. (NASDAQ:GCMG) Q4 2022 Earnings Conference Call February 14, 2023 10:00 AM ET Company Participants Stacie Selinger - Head IR Michael Sacks - Chairman and Chief Executive Officer Jonathan Levin - President Pamela Bentley - Chief Financial Officer Conference Call Participants Chris Kotowski - Oppenheimer Jeff Schmitt - William Blair Ken Worthington - JPMorgan Adam Beatty - UBS Michael Cyprys - Morgan Stanley Operator Good day, and welcome to the GCM Grosvenor Fourth Quarter a ...

2022 Third Quarter Results Earnings Presentation GCM GROSVENOR Presenters | --- | --- | --- | --- | --- | --- | --- | --- | |---------------|-------|----------------|-------|----------------|-------|-------|-----------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Michael Sacks | | Jonathan Levin | | Pamela Bentley | | | Stacie Selinger | Chairman and Chief Executive Officer President Chief Financial Officer Head of Investor Relations 2 Third Quarter 2022 Results • Third q ...

2022 First Quarter Results Earnings Presentation Presenters Michael Sacks Chairman and Chief Executive Officer Jonathan Levin President Pamela Bentley Chief Financial Officer Stacie Selinger Head of Investor Relations GCM GROSVENOR 2 First Quarter 2022 Results 3 • Q1 2022 Fee-Related Revenue growth of 10% and Fee-Related Earnings growth of 26% compared to quarter ended March 31, 2021 • Fundraising of $1.3 billion in Q1 2022 and $8.2 billion for the last twelve months • GCM Grosvenor's Board of Directors app ...

2021 Fourth Quarter and Full Year Results Earnings Presentation Diluted EPS to be updated February 15, 2022 Presenters Michael Sacks Chairman and Chief Executive Officer Jonathan Levin President Pamela Bentley Chief Financial Officer Stacie Selinger Head of Investor Relations GCM GROSVENOR 2 Fourth Quarter and Full Year 2021 Results 3 • Full year 2021 growth driven by strong fundraising of $9.4 billion in FY 2021 • GCM Grosvenor's Board of Directors approved a $0.10 per share dividend payable on March 15, 2 ...