secwatch.observer — SEC 8-K summary
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Issuer:     GCM Grosvenor Inc. (GCMG)
CIK:        0001819796
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001819796-23-000034
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 AUM $76B; private markets FPAUM up 12% YoY; share repurchase authorization raised to $115M
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- Q2 revenue $107.6M (+3% YoY); GAAP net income attributable $4.8M (-36%); adjusted net income $22.7M (+3%).
- Private Markets Fee-Paying AUM rose 12% YoY to $39.1B; total FPAUM $60.6B (+5%); Q2 fundraising $1.5B (up ~50% QoQ).
- Fee-Related Earnings $32.8M, roughly flat; Adjusted EBITDA $36.0M (+2%).
- Board declared $0.11/share dividend payable Sept 15; increased share repurchase authorization by $25M to $115M total.
- Unrealized carried interest firm share $361M; annual run-rate performance fees $28M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819796/000181979623000034/0001819796-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819796/000181979623000034/gcm-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001819796-23-000034

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