secwatch.observer — SEC 8-K summary
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Issuer:     GCM Grosvenor Inc. (GCMG)
CIK:        0001819796
Form:       8-K
Filed at:   2021-08-10T23:59:59+00:00
Accession:  0001819796-21-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GCM Grosvenor Q2 revenue up 33% to $119.7M; dividend raised 12.5%, $25M buyback authorized
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- Fee-Related Revenue grew 13% to $84.9M; Fee-Related Earnings up 9% to $27.5M; Adjusted EBITDA up 17% to $30.7M.
- GAAP net income attributable to GCM Grosvenor was $0.7M for the quarter (prior year $0 pre-IPO).
- AUM reached $66.9B, up 18% YoY; FPAUM $55.0B, up 11% YoY; CNYFPAUM $7.0B, up 26% YoY.
- Board approved $0.09 quarterly dividend, a 12.5% increase, payable Sept 15, 2021; also $25M stock repurchase plan.
- Reaffirmed FY 2021 guidance: Fee-Related Revenue growth 12-15% and Fee-Related Earnings growth 15-20% vs FY 2020.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819796/000181979621000052/0001819796-21-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819796/000181979621000052/gcm-20210810.htm
  HTML page:      https://secwatch.observer/filing/0001819796-21-000052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer