GCM Grosvenor Inc
For the period ended Dec 31, 2023. Filed Mar 1, 2024.
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FY2023 · Filed Mar 1, 2024
GCMG$13.92+3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Financial Condition
(In thousands, except share and per share amounts)
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Cash and cash equivalents | $44,354 | $85,163 |
| Management fees receivable | 24,996 | 18,720 |
| Incentive fees receivable | 27,371 | 16,478 |
| Due from related parties | 13,581 | 13,119 |
| Investments | 240,202 | 223,970 |
| Premises and equipment, net | 7,378 | 4,620 |
| Lease right-of-use assets | 38,554 | 12,479 |
| Intangible assets, net | 2,627 | 3,940 |
| Goodwill | 28,959 | 28,959 |
| Deferred tax assets, net | 58,298 | 60,320 |
| Other assets | 18,623 | 21,165 |
| Total assets | 504,943 | 488,933 |
| Liabilities and Equity (Deficit) | ||
| Accrued compensation and employee related obligations | 98,561 | 89,325 |
| Debt | 384,727 | 387,627 |
| Payable to related parties pursuant to the tax receivable agreement | 53,759 | 55,366 |
| Lease liabilities | 41,481 | 15,520 |
| Warrant liabilities | 6,431 | 7,861 |
| Accrued expenses and other liabilities | 31,213 | 27,240 |
| Total liabilities | 616,172 | 582,939 |
| Commitments and contingencies (Note 17) | ||
| Preferred stock, $0.0001 par value, 100,000,000 shares authorized; none issued | — | — |
| Class A common stock, $0.0001 par value, 700,000,000 authorized; 42,988,563 and 41,806,215 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 4 | 4 |
| Class B common stock, $0.0001 par value, 500,000,000 authorized; none issued | — | — |
| Class C common stock, $0.0001 par value, 300,000,000 authorized; 144,235,246 issued and outstanding as of December 31, 2023 and December 31, 2022 | 14 | 14 |
| Additional paid-in capital | 1,936 | — |
| Accumulated other comprehensive income | 2,630 | 4,096 |
| Retained earnings | (32,218) | (23,934) |
| Total GCM Grosvenor Inc. deficit | (27,634) | (19,820) |
| Noncontrolling interests in subsidiaries | 59,757 | 67,900 |
| Noncontrolling interests in GCMH | (143,352) | (142,086) |
| Total deficit | (111,229) | (94,006) |
| Total liabilities and equity (deficit) | $504,943 | $488,933 |
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