GCM Grosvenor’s Advance Strategy was formally launched in 2019 as an extension of the firm’s practice – dating back to 2005 – of investing with high quality, hard-to-access, and often overlooked private equity firms led by people of color and women with proven track records.0 Since then, GCM Grosvenor has committed approximately $5 billion to over 50 diverse private equity managers across 140 investments, while the seven members of the Advance Strategy team continue to track a universe of approximately 530 funds.

GCM Grosvenor has been a leader in growing the universe of private equity firms owned and led by people of color and women. Its experience with these managers includes:

  • Commitments to 24 first-time funds and/or spinouts, with more than $670 million in capital commitments.
    • The first-time funds raised ~13x on top of GCM Grosvenor capital, demonstrating an amplifying effect.0
    • The firms have grown AUM over 5.5x since their respective Funds I, on an aggregate basis.0
    • The firms currently have an aggregate AUM above $50 billion.
  • The firm has committed ~$2.7 billion to 87 African American- and Hispanic-owned funds and co-investments, representing 65% of overall diverse manager commitments on a dollar-basis (as of December 31, 2019).
  • GCM Grosvenor was an early investor in some of the largest and most visible diverse asset management firms, including Vista Equity Partners, Siris Capital, and Clearlake Capital, and has committed a total of more than $7 billion to diverse managers across private equity, infrastructure, real estate, and absolute return strategies. 0, 1
0 Past performance is not necessarily indicative of future results. No assurance can be given that any investment will achieve its objectives or avoid losses.

1 This list represents a subset of managers with whom GCM Grosvenor has invested. The inclusion of a private equity fund manager or firm on this list does not mean that any fund raised by such manager or firm will offer investment opportunities during the life of any investment program, that such manager endorses an investment in any such program, or that GCM Grosvenor will be able to secure a portion of any available investment opportunities for any such program.