GCM Grosvenor Reports Fourth Quarter and Full Year 2024 Earnings Results, with 2024 Fundraising Increasing 41%, and Year-to-Date GAAP Net Income, Fee-Related Earnings and Adjusted Net Income Increasing 46%, 19% and 36%, Respectively, Year-Over-Year

Core Insights - GCM Grosvenor reported its financial results for the fourth quarter and full year ending December 31, 2024, highlighting its performance as a global alternative asset management solutions provider [1] - The company has approximately $80 billion in assets under management across various investment strategies, including private equity, infrastructure, real estate, credit, and absolute return [5][6] Financial Performance - The Board of Directors approved a dividend of $0.11 per share, payable on March 17, 2025, to shareholders on record as of March 3, 2025 [2] - The existing share repurchase authorization was increased by $50 million, raising the total from $140 million to $190 million [2][8] Shareholder Engagement - A conference call to discuss the financial results was scheduled for February 10, 2025, at 10:00 a.m. ET, accessible via public webcast [3][4] - The company has a dedicated team of approximately 550 professionals serving a global client base of institutional and individual investors [6]