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Stock impact report

GCM Grosvenor Announces $1.3 Billion Final Close for Infrastructure Advantage Fund II, a Nearly 50% Increase Over its Predecessor Fund

GCM Grosvenor Inc. - Class A (GCMG) 
Company Research Source: GlobeNewswire
CHICAGO, April 22, 2025 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, announced the final close of its Infrastructure Advantage Fund II ("IAF II" or the “Fund”) was held on March 31, 2025, securing $1.3 billion in commitments, a substantial increase over its predecessor, “Fund I”, which closed in 2020 at $893 million.    GCM Grosvenor's Infrastructure Advantage Strategy focuses on partnership with organized labor and other stakeholders to invest in infrastructure projects with long-term community and economic benefits. Similar to Fund I, IAF II will focus on building a diverse portfolio of assets across infrastructure sectors including transportation, energy transition, and digital infrastructure. The Fund attracted a broad group of 58 investors from across the U.S. and Canada. “We are grateful for the continued confidence of our investors, who share our vision of effectively deploying infrastructure capital in Show less Read more
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