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← CockpitCompetitor Analysis › GCMG GCM Grosvenor, Inc. Class AOpen in the cockpit ↗

GCM Grosvenor, Inc. Class AGCMGCompetitor analysis, valuation and peers

United States · USD·Financials›Investment Managers

Alternative asset manager providing fund-of-funds and customized investment programs across private equity, infrastructure and credit.

Momentum neutral 53
Mkt cap
$2.57B
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$5.02M
20-day average traded
Fwd P/E
12.6×
forward earnings
ROIC−WACC
n/a
WACC 8.9%
Hurdle
n/a
no reverse DCF
Next earnings
3 days
9 Nov 2026
Close · USD$12.66
1D+1.0%
1W+0.2%
1M-2.4%
3M-8.4%
6M+11.4%
YTD+11.8%
1Y+8.9%
ATR %3.4%
Beta1.05
52w lowhigh14.8% off high

What GCM Grosvenor does

Alternative asset manager providing fund-of-funds and customized investment programs across private equity, infrastructure and credit.

Earns recurring management fees on client assets it oversees, charged on both customised separate accounts and pooled funds, plus incentive fees when investments outperform. Clients are mostly institutions that hand it money to allocate to outside managers. It traces back to Chicago in 1971 and listed in 2020 by merging with a blank-cheque company.

Products and services

  • Private equity fund-of-funds
  • Infrastructure/real estate solutions
  • Customized separate account mandates

Customers

  • Pension funds/institutions
  • Sovereign wealth funds

Where it sits in the supply chain

  • Asset management
  • Alternative investment…
  • Institutional investors

What could go right

  • Institutional alternatives allocation growth
  • Retail access to private markets

What could go wrong

  • Fundraising cyclicality
  • Fee compression in fund-of-funds structures

Moat: narrow (brand, data, scale). Long-standing manager due-diligence database and institutional relationships versus newer entrants in alternatives access.

Headquarters: Chicago, Illinois, United States · Founded: 1971 · Employees: 553

Named competitors

GCM Grosvenor at a glance

Size GCM Grosvenor (GCMG) is a United States Financials company (Investment Managers) with a market value of $2.57B, the 1636th largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.66 on 6 Nov 2026.

Performance Over six months the shares gained 11.4%, against -6.7% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 7.6% over the last twelve months (peer median +21.0%); the operating margin is 28.2% (peer median 35.9%).

Valuation It trades at 12.6× forward earnings against a peer median of 15.5× (6th cheapest of 18).

Short interest Short interest is 2.0% of the free float (15 Oct 2026).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026GCMG 111Peer median 95
Six months, rebased to 100: GCM Grosvenor against the median of its 20 peers (local-currency closes).

GCM Grosvenor financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$565M$550M$504M$436M$452M
Revenue growth—+9%+15%-4%—
Gross profitn/an/an/an/a$448M
EBITDA$164M$152M$50.2M-$16.6M$120M
Net income$44.5M$45.4M$18.7M$12.8M$19.8M
Free cash flow$186M$175M$132M$88.3M$216M
Capital expenditure$11.8M$8.50M$16.7M$3.76M$782,000
Total debt$413M$480M$486M$426M$403M

Quarterly statements and history in the cockpit →

GCM Grosvenor competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%-10%0%+10%PNIANIMRAT600906WTSII600120000563L1GAJBABAPAMAAMITKOQLT000750NWLMANTA1788ASHMGCMG6-month return →1-month return →
Up and to the right = strong over both horizons. GCM Grosvenor is the large dot.

Fundamentals: revenue growth against valuation

0%+200%+400%+600%10×20×30×PNIANIMRAT600906WTSII600120L1GAAMIQLTNWLMANTAASHMGCMGRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. GCM Grosvenor is the large dot.

GCM Grosvenor competitors and peer comparison

Head to head with its named competitors (GCMG vs HLNE vs STEP vs PGHN.SW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
GCM Grosvenor GCMG$2.57B+11%+8%28%12.6×n/a
Hamilton Lane HLNE$4.99B+1%+19%58%12.3×n/a
StepStone STEP$5.73B-15%+51%-53%18.1×n/a
Partners PGHN.SW$21.3B-24%+9%56%16.7×n/a
Carlyle CG$14.1B-22%-44%14%10.2×n/a
Blackstone BX$149B-3%+9%57%18.1×n/a

How GCM Grosvenor compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

GCM Grosvenor against its 20 peers (data as of 6 Nov 2026)
MeasureGCMGPeer medianRank in peer set
1-month return-2.4%-1.3%9th lowest of 21
6-month return+11.4%-6.7%3rd highest of 21
Distance from 52-week high-14.8%-23.0%6th highest of 21
Revenue growth (TTM)+7.6%+21.0%8th lowest of 20
Operating margin28.2%35.9%8th lowest of 19
Forward P/E12.6×15.5×6th cheapest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
GCM Grosvenor GCMGUnited States$2.57B+11%+8%28%12.6×n/an/a
Pinnacle Investment Management PNI.AXAustralia$2.54B+2%+22%10%19.2×n/an/a
ANIMA ANIM.MIItaly$2.42B-5%+1%28%7.6×n/an/a
Rathbones RAT.LUnited Kingdom$2.42B-8%+5%26%9.9×n/an/a
Caida Securities 600906.SSChina$2.78B-11%+10%36%19.7×n/an/a
WisdomTree WTUnited States$2.94B+2%+45%40%15.4×n/an/a
Sprott SII.TOCanada$2.96B-17%+88%38%25.6×n/an/a
Zhejiang Orient 600120.SSChina$2.22B-22%-87%n/a15.5×n/an/a
Shaanxi International Trust 000563.SZChina$2.19B-12%-15%60%n/an/an/a
L1 Group Limited L1G.AXAustralia$2.19B+5%+586%82%22.1×n/an/a
AJ Bell AJB.LUnited Kingdom$3.04B+13%+19%42%19.2×n/an/a
AllianceBernstein Holding L.P ABUnited States$3.14B-13%n/an/a9.6×n/an/a
Artisan Partners Asset Management APAMUnited States$3.17B+3%+6%36%10.6×n/an/a
Acadian Asset Management AAMIUnited States$3.23B+33%+25%27%15.4×n/an/a
Tikehau Capital SCA TKO.PAFrance$3.24B-10%+32%31%10.7×n/an/a
Quilter QLT.LUnited Kingdom$3.30B+5%+191%3%15.0×n/an/a
Sealand Securities 000750.SZChina$3.30B-12%+2%22%n/an/an/a
Netwealth NWL.AXAustralia$3.31B-13%+21%46%34.1×n/an/a
Mandatum MANTA.HEFinland$3.33B-10%+60%8%23.7×n/an/a
Guotai Junan International 1788.HKHong Kong$3.58B+10%+43%65%n/an/an/a
Ashmore ASHM.LUnited Kingdom$1.83B-4%+2%62%28.6×n/an/a

Questions

Who are GCM Grosvenor's main competitors?
Named competitors: Hamilton Lane (HLNE), StepStone Group (STEP), Neuberger Berman (private or unlisted), Pantheon (private or unlisted), Partners Group (PGHN.SW), Carlyle Group (CG). The cockpit's measured peer set (industry) also includes Pinnacle Investment Management (PNI.AX), ANIMA (ANIM.MI), Rathbones (RAT.L), Caida Securities (600906.SS), WisdomTree (WT), Sprott (SII.TO).
Is GCM Grosvenor expensive compared with its peers?
On forward p/e it trades at 12.6× against a peer median of 15.5×, 6th cheapest of 18 in its peer set.
How has GCM Grosvenor stock performed?
Over six months to 6 Nov 2026 the shares returned +11.4% against -6.7% for the median peer; over one year +8.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.