GCM Grosvenor
GCM Grosvenor is a private credit and private equity manager in Chicago, IL. It is registered with the SEC as an investment adviser with $95.5B in regulatory assets and 466 staff. It has 38 funds on file.
Latest fund filing
Funds
History
GCM Grosvenor is a fund manager based in Chicago, Illinois, that runs private credit and private equity funds. The firm is a registered investment adviser, meaning it is signed up to advise clients on investments. As of August 2026, it managed $95.5B in regulatory assets and employed 466 people.
The firm has 38 funds on file, which together raised $7.9B. Its earlier main funds include GCM Grosvenor Advance Fund, raising since November 2020 and reporting $769.8M against a $769.8M target in January 2024, GCM Grosvenor Secondary Opportunities Fund III, which reported $971.8M in January 2023, Grosvenor Opportunistic Credit Fund III, which reported $1.1B in January 2021, and GCM Grosvenor Opportunistic Credit Fund IV, which reported $676.8M in June 2021, alongside 32 other smaller vehicles.
Its newest main fund, GCM Grosvenor Credit Secondaries Structured Note 2025, has been raising since September 2025 and reported $625M in February 2026. Pension investors named include CalPERS, with $550M in 2019, $250M in 2014 and $500M in 2023. New Jersey PERS committed $250M in 2006, $300M and $250M more in later years, and North Carolina Teachers and State Employees committed $250M in 2006 and $250M in 2008.