GCM Grosvenor Inc
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
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, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Cash and cash equivalents | $89,454 | $44,354 |
| Management fees receivable | 28,387 | 24,996 |
| Incentive fees receivable | 58,346 | 27,371 |
| Due from related parties | 12,681 | 13,581 |
| Investments | 257,807 | 240,202 |
| Premises and equipment, net | 22,683 | 7,378 |
| Lease right-of-use assets | 41,146 | 38,554 |
| Intangible assets, net | 1,314 | 2,627 |
| Goodwill | 28,959 | 28,959 |
| Deferred tax assets, net | 51,160 | 58,298 |
| Other assets | 20,794 | 18,623 |
| Total assets | 612,731 | 504,943 |
| Liabilities and Equity (Deficit) | ||
| Accrued compensation and employee related obligations | 112,519 | 98,561 |
| Debt | 432,039 | 384,727 |
| Payable to related parties pursuant to the tax receivable agreement | 51,429 | 53,759 |
| Lease liabilities | 53,876 | 41,481 |
| Warrant liabilities | 22,510 | 6,431 |
| Accrued expenses and other liabilities | 30,697 | 31,213 |
| Total liabilities | 703,070 | 616,172 |
| Commitments and contingencies (Note 16) | ||
| 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; 44,899,246 and 42,988,563 issued and outstanding as of December 31, 2024 and December 31, 2023, 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, 2024 and December 31, 2023 | 14 | 14 |
| Additional paid-in capital | 5,752 | 1,936 |
| Accumulated other comprehensive income | 1,650 | 2,630 |
| Retained earnings | (35,040) | (32,218) |
| Total GCM Grosvenor Inc. deficit | (27,620) | (27,634) |
| Noncontrolling interests in subsidiaries | 52,233 | 59,757 |
| Noncontrolling interests in GCMH | (114,952) | (143,352) |
| Total deficit | (90,339) | (111,229) |
| Total liabilities and equity (deficit) | $612,731 | $504,943 |
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