earnings
confidence high
sentiment positive
materiality 0.70
GCM Grosvenor Q2 2022: Fee-Related Revenue +8%, Adjusted Net Income +14%
GCM Grosvenor Inc.
2022-Q2 EPS reported
$0.21
revenue$209,488,000
- Fee-Related Revenue $91.5M (+8% YoY); Private Markets management fees $50.4M (+19% YoY).
- Adjusted Net Income $22.1M (+14% YoY); Fee-Related Earnings $32.6M (+19% YoY).
- AUM $71.2B (+6% YoY); Private Markets FPAUM $34.8B (+16% YoY).
- Dividend $0.10/share payable Sep 15, record Sep 1; repurchased $10M stock and $1.9M warrants in Q2.
- Unrealized carried interest firm share $383M (+55% YoY); run-rate annual performance fees $31M.