---
schema_version: "secwatch.filing_event.v1"
accession: "0001819796-23-000023"
form_type: "8-K"
ticker: "GCMG"
cik: "0001819796"
company_name: "GCM Grosvenor Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:57:08.838648+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GCM Grosvenor Q1 AUM up 5% but net loss $1.2M; adjusted net income down 17%

## Summary
- GAAP net loss of $1.2M vs profit of $4.7M a year ago; revenue down 6% to $99.1M.
- Private Markets FPAUM up 12% to $38.0B; ABS strategies FPAUM down 9% to $21.8B.
- Adjusted net income fell 17% to $19.6M; incentive fees declined 52%.
- Board declared $0.11 per share dividend payable June 15; $22.7M in share repurchases in Q1.
- Unrealized carried interest firm share $375.9M; annual performance fee run-rate $28.5M.

## SEC filing metadata
- accession: 0001819796-23-000023
- form_type: 8-K
- ticker: GCMG
- cik: 0001819796
- company_name: GCM Grosvenor Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819796/000181979623000023/0001819796-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819796/000181979623000023/gcm-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819796-23-000023
- JSON: https://secwatch.observer/filing/0001819796-23-000023.json
- Plain text: https://secwatch.observer/filing/0001819796-23-000023.txt

## Key facts
- Earnings Releases
  GCM Grosvenor Inc. reported the three months ended March 31, 2023 results: revenue $99.1 million, net income $(1.2) million.
  - Period: the three months ended March 31, 2023
  - Revenue: $99.1 million
  - Net income: $(1.2) million
  - Result: reported results
  source text: the prior year to $75.3 billion as of March 31, 2023 Revenue 1 and Fee-Related Revenue • Revenue decreased 6% from the three months ended March 31, 2022 ("prior year QTD") to $99.1 million for the three months ended March 31, 2023, primarily due to decreased incentive fees • Fee-Related Revenue of $90.0 million was generally in line with prior year QTD ◦ Private
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819796/000181979623000023/0001819796-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.