Noticias y eventos de GCM Grosvenor Inc (GCMG)GCMGGCM Grosvenor Inc

Hyperion Realty Capital Forms Strategic Partnership with GCM Grosvenor

Hyperion Realty Capital announced a strategic partnership with GCM Grosvenor. The platform will launch with an investment of up to $100 million from GCM Grosvenor, on behalf of its investment funds, into a new closed-end vehicle targeting $200M of equity. As part of the partnership, GCM Grosvenor will join Hyperion's Board of Directors. The new vehicle - Hyperion Grocery Retail Partners III - will primarily target value-add grocery-anchored shopping centers across the Western U.S., focusing on middle-market assets that have historically attracted less institutional capital than larger-format retail investments. Hyperion and GCM Grosvenor intend to build a portfolio of such investments in neighborhood, strip and community centers representing up to approximately $1B in aggregate property value as additional investment partners are admitted to the Fund. Hyperion was founded in 2019 by Jon Mendis and established through the lift-out of an experienced grocery-anchored retail investment team. Its principals have collectively executed more than $4B in grocery-anchored retail transactions and averaged over 15 years of sector-specific experience. The firm currently owns and operates 10 shopping centers across major West Coast markets, the majority of which were sourced through off-market or relationship-driven opportunities.

GCM Grosvenor Reports Q2 Revenue of $134.3M

Reports Q2 revenue $134.3M, consensus $131.37M. "GCM Grosvenor had a strong second quarter with good investment performance and growth across all strategies and channels." said Michael Sacks, GCM Grosvenor's Chairman and Chief Executive Officer.

GCM Grosvenor Appoints Steven Novick as Managing Director

GCM Grosvenor announced that Steven Novick has joined the firm as a Managing Director on its Business Development team. Based in the firm's London office, Mr. Novick will focus on client engagement efforts, supporting the firm's continued growth and expanding relationships with institutional and individual investors across Europe, where it manages $10.4B of AUM across more than 40 clients. In his new role, he will support clients with access to differentiated alternative investment strategies and contribute to the firm's ongoing growth initiatives by leveraging his global relationships while focusing on opportunities in Europe, including the Nordic region. Prior to joining GCM Grosvenor, Mr. Novick served as Senior Advisor to Valeas Capital.