GCM Grosvenor Announces Launch of Sponsor Solutions Effort Focused on Seeding Small, Emerging, and Diverse Private Equity Firms; CalPERS Commits $500 Million to the Strategy

January 10, 2023

https://www.globenewswire.com/news-release/2023/01/10/2586381/0/en/GCM-Grosvenor-Announces-Launch-of-Sponsor-Solutions-Effort-Focused-on-Seeding-Small-Emerging-and-Diverse-Private-Equity-Firms-CalPERS-Commits-500-Million-to-the-Strategy.html

CHICAGO, Jan. 10, 2023 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq:GCMG), a leading global alternative asset management solutions provider, today announced the launch of the GCM Grosvenor Elevate strategy (“Elevate”). The Elevate strategy is focused on making catalytic seed investments in small, emerging, and diverse private equity firm founders to help build and scale their investment firms.

Read more at globenewswire.com

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