earnings
confidence high
sentiment neutral
materiality 0.70
GCM Grosvenor reports FY2022 revenue down 16%, net income $19.8M; private markets fees up 12%
GCM Grosvenor Inc.
2022-FY EPS reported
$0.28
revenue$446,530,000
- Full-year GAAP revenue $446.5M (-16% YoY); GAAP net income attributable to GCM Grosvenor $19.8M (-8%).
- Fee-Related Revenue $360.5M (+4%); Fee-Related Earnings $128.5M (+7%); Adjusted EBITDA $149.3M (-17%).
- Private Markets management fees $197.3M (+12%); Private Markets FPAUM $36.9B (+11% vs Dec 2021).
- Full-year fundraising $7.8B; launched Elevate sponsor solutions strategy with $500M anchor investment.
- Dividend $0.11/share payable Mar 15, 2023; $32.8M in share repurchases during 2022.