Workflow
GCM Grosvenor(GCMG) - 2021 Q3 - Earnings Call Presentation

AUM Growth - Total AUM increased by 20% to $70485 million compared to Q3 2020[2,5] - Fee-Paying AUM grew by 13% compared to Q3 2020[4] - Contracted Not Yet Fee-Paying AUM (CNYFPAUM) increased by 19% compared to Q3 2020, reaching $7921 million[2,4] Revenue and Earnings Growth - GAAP Revenue increased by 16% to $118.1 million compared to Q3 2020 and 24% to $341.0 million YTD[3] - Fee-Related Revenue increased by 11% to $86.6 million compared to Q3 2020 and 10% to $254.2 million YTD[3] - Adjusted EBITDA increased by 12% to $37.6 million compared to Q3 2020 and 24% to $98.5 million YTD[3] - Adjusted Net Income increased by 16% to $23.8 million compared to Q3 2020 and 38% to $62.0 million YTD[3] Fundraising and Performance Fees - Fundraising reached $3 billion for the quarter and $7 billion year-to-date[5] - Run-rate annual performance fees increased by 16% to $43 million compared to $37 million in Q3 2020[5] Investment and Capital Management - Firm share of investments and unrealized carried interest increased by 125% to $410 million of Net Asset Value as of September 30, 2021, compared to Q3 2020[4] - The board of directors approved an 11% increase in the firm's quarterly dividend to $0.10 per share[5]