GCM Grosvenor Inc

For the period ended Dec 31, 2024. Filed Feb 21, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 21, 2025

GCMG$13.92+3.5%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Loss)

(In thousands, except share and per share amounts)

	Year Ended December 31,
	2024	2023	2022
Revenues
Management fees	$401,648	$375,444	$367,242
Incentive fees	106,237	64,903	75,167
Other operating income	6,127	4,652	4,121
Total operating revenues	514,012	444,999	446,530
Expenses
Employee compensation and benefits	336,236	356,044	277,311
General, administrative and other	104,296	100,801	88,907
Total operating expenses	440,532	456,845	366,218
Operating income (loss)	73,480	(11,846)	80,312
Investment income	15,589	11,640	10,108
Interest expense	(24,160)	(23,745)	(23,314)
Other income	1,334	1,008	1,436
Change in fair value of warrant liabilities	(16,079)	1,429	20,551
Net other income (expense)	(23,316)	(9,668)	8,781
Income (loss) before income taxes	50,164	(21,514)	89,093
Provision for income taxes	13,560	7,692	9,611
Net income (loss)	36,604	(29,206)	79,482
Less: Net income attributable to noncontrolling interests in subsidiaries	2,545	5,033	6,823
Less: Net income (loss) attributable to noncontrolling interests in GCMH	15,364	(47,013)	52,839
Net income attributable to GCM Grosvenor Inc.	$18,695	$12,774	$19,820
Earnings (loss) per share of Class A common stock:
Basic	$0.42	$0.30	$0.45
Diluted	$0.03	$(0.28)	$0.28
Weighted average shares of Class A common stock outstanding :
Basic	44,741,336	43,198,517	43,872,300
Diluted	190,590,041	187,433,763	188,567,992

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.