The combined company will operate as GCM Grosvenor Inc. and expects its Class A common stock to be listed on the NASDAQ stock exchange. In addition, continued positive investment performance resulted in approximately $14.9 million of unrealized, accrued annual performance fees as of September 30, 2020 that are eligible to be realized in 2020. GCM Grosvenor is a global investment and advisory firm headquartered in Chicago that specializes in hedge funds, private equity, real estate and infrastructure investments. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Upon completion of the business combination, GCM Grosvenor will be listed on the NASDAQ exchange under the ticker “GCMG.”. Grosvenor Capital Management, L.P. is not affiliated in any manner with Grosvenor Group Limited, a company that is headquartered in the United Kingdom. “I am excited about the range of experience and expertise that these individuals will bring to our Board as they help guide the continued evolution of our organization.”. Forward-looking statements speak only as of the date they are made. Interests in certain GCM Grosvenor investment products are offered through GRV Securities LLC., a Delaware limited liability company registered with the Securities and Exchange Commission as a broker-dealer and a member of the Financial Industry Regulatory Authority and Securities Investor Protection Corporation. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. Get the latest GCM Grosvenor Inc. GCMG detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. “We believe that good governance is critically important to our ability to drive value for our clients and shareholders,” said Mr. Sacks. © 2021 Grosvenor Capital Management, L.P. All rights reserved. Adjusted fee-related earnings represents adjusted EBITDA further adjusted to exclude incentive fees and related compensation in addition to other non-operating income, and includes depreciation expense. CFAC and GCM Grosvenor Inc. have filed a registration statement on Form S-4 that has been declared effective by the Securities and Exchange Commission and includes a joint proxy statement/prospectus. This site has been prepared by Grosvenor Capital Management, L.P. and GCM Customized Fund Investment Group, L.P. (which, together with their affiliates, are referred to herein as “GCM Grosvenor”). In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. Real time prices by BATS. Global Alternative Asset Management Firm Sets Special Meeting of CFAC Stockholders to Vote on Pending Business Combination for November 3, 2020. GCM Grosvenor Inc. (NASDAQ:GCMG) announced a quarterly dividend on Monday, January 4th, Zacks reports. See all Financial - Investment Management Peers. CFAC and GCM Grosvenor Inc. and their respective directors and officers may be deemed to be participants in the solicitation of proxies from CFAC’s stockholders in connection with the proposed transaction between CFAC and GCM Grosvenor. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Find real-time GCMG - GCM Grosvenor Inc stock quotes, company profile, news and forecasts from CNN Business. The members of GCM Grosvenor’s newly constituted Board of Directors will include Angela Blanton, Dr. Francesca Cornelli, Stephen Malkin, Blythe Masters and Samuel Scott III. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Plus, GCMG info will be updated daily in your Zacks.com Portfolio Tracker . also free. NEW YORK and CHICAGO, Nov. 6, 2020/ PRNewswire/-- CF Finance Acquisition Corp. and GCM Grosvenor, a global alternative asset management firm, announced today that they have received all … Adjusted net income represents adjusted pre-tax income minus income taxes. The technique has proven to be very useful for finding positive surprises. Click here to watch the full series. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of GCM Grosvenor or that actual results will not differ materially from those presented in the prospective financial information. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Reference to the prospective financial information in this press release should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved. Small, Emerging, and Diverse Manager Investing, Securities Investor Protection Corporation, Net incentive fees attributable to GCM Grosvenor, Excludes revenue related to Mosaic non-controlling interest (“NCI”), Adjusted net income is not pro forma for the proposed business combination between GCM Grosvenor and CFAC. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Information about CFAC’s directors and executive officers and their ownership of CFAC’s securities is set forth in the Form S-4 registration statement filed by GCM Grosvenor that includes a joint proxy statement/prospectus. Additional Information and Where to Find It. The Board of Directors of GCM Grosvenor Inc. (Nasdaq: GCMG) declared a quarterly dividend of $0.06 per share on the outstanding Class A common stock of GCMG. Neither GCM Grosvenor nor CFAC gives any assurance that GCM Grosvenor will achieve its expectations. GCM Grosvenor believes that these non-GAAP measures of financial results provide useful supplemental information to investors about GCM Grosvenor. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.77% per year. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. The Company provides solutions across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The transaction values GCM Grosvenor at $2 billion. 05:00 PM ET The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. completeness, timeliness, or correct sequencing of any of the Information on GCM Grosvenor Inc. has filed a registration statement on Form S-4 that includes a joint proxy statement/prospectus. The Zacks Rank has been called the Billion Dollar Secret. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. You may obtain free copies of these documents as described in the preceding paragraph. The proxy statement/prospectus will be sent to all CFAC stockholders. GCM Grosvenor is a global alternative asset management solutions provider across private equity, infrastructure, real estate, credit, and absolute return investment strategies. If you do not, click Cancel. Find out all the key statistics for GCM Grosvenor Inc. (GCMG), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. PRESS RELEASE . Discover historical prices for GCMG stock on Yahoo Finance. the Web site, including, but not limited to Information originated by Zacks The sector with the worst average Zacks Rank (16 out of 16) would place in the bottom 1%. . This is an estimated date of earnings release. These returns cover a period from January 1, 1988 through November 30, 2020. Check the background of GRV Securities LLC or its Associated Persons at brokercheck.finra.org. . The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Warrant (GCMGW) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Research, Inc. nor its Information Providers can guarantee the accuracy, The scores are based on the trading styles of Value, Growth, and Momentum. Net incentive fees attributable to GCM Grosvenor represent incentive fees excluding (a) carried interest attributable to employees and former employees and (b) carried interest attributable to non-controlling interest holders. GCM Grosvenor's existing senior management team, led by Chairman & CEO Michael J. Sacks, will continue to lead the business. Gcm Grosvenor Inc. (1819796) SEC Filing 10-Q Quarterly report for the period ending Wednesday, September 30, 2020 In addition, GCM Grosvenor announced that a special meeting of stockholders of CF Finance Acquisition Corp. (“CFAC”) will occur on November 3, 2020 to approve the proposed business combination between GCM Grosvenor and CFAC, a special purpose acquisition company sponsored by Cantor Fitzgerald and listed on the NASDAQ exchange. Investors of record on Monday, March 1st will be paid a dividend of 0.06 per share on Monday, March 15th. ZacksTrade and Zacks.com are separate companies. Zacks Sector Rank Education - Learn more about the Zacks Sector Rank. View GCM Grosvenor Inc. GCMG investment & stock information. Stock analysis for GCM Grosvenor Inc (GCMG:NASDAQ GM) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Officers and employees of William Blair or its affiliates (other than research analysts) may have a financial interest in securities of GCM Grosvenor Inc. If you wish to go to ZacksTrade, click OK. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Get the latest GCM Grosvenor Inc (GCMG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. See the Full List of Stocks To Beat Earnings. GCM Grosvenor®, Grosvenor®, Grosvenor Capital Management®, GCM Customized Fund Investment Group®, Customized Fund Investment Group®, and Consortium™ are trademarks of GCM Grosvenor and its affiliated entities. The Zacks Sector Rank assigns a rating to each of the 16 Sectors based on their average Zacks Rank. On December 31, 2020, the Board of... | … Additional information regarding the interests of those persons and other persons who may be deemed participants in the proposed transaction may be obtained by reading the proxy statement/prospectus regarding the proposed transaction. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, GCM Grosvenor is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. These non-GAAP measures are in addition to , and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP, and should not be considered as an alternative to revenue, net income, operating income or any other performance measures derived in accordance with GAAP. Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward looking non GAAP financial measures is included. The foregoing list of factors is not exhaustive. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. GCM Grosvenor, Inc. provides global alternative asset management solutions. It's packed with all of the company's key stats and salient decision making information. NYSE and AMEX data is at least 20 minutes delayed. publicly available sources. The firm is headquartered in Chicago, with offices in New York, Los Angeles, London, Tokyo, Hong Kong, and Seoul. The company invests on behalf of clients who seek allocations to alternative investments, such as private equity, infrastructure, real estate, credit, and absolute return strategies. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. CFAC and GCM Grosvenor Inc. also will file other documents regarding the proposed transaction with the SEC. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Adjusted EBITDA represents adjusted net income excluding (a) income taxes, (b) depreciation expense and (c) interest expense on our outstanding debt. Information Providers, or gathered by Zacks Investment Research, Inc. from Find out the revenue, expenses and profit or loss over the last fiscal year. CFAC and GCM Grosvenor Inc. have filed a registration statement on Form S-4 that includes a joint proxy statement/prospectus. The announcement follows the Securities and Exchange Commission’s declaration of effectiveness of GCM Grosvenor’s registration statement. Readers are cautioned not to put undue reliance on forward-looking statements, and GCM Grosvenor and CFAC assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. This press release relates to a proposed transaction between GCM Grosvenor and CFAC. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Visit www.zacksdata.com to get our data and content for your mobile app or website. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. This presentation includes projections of net incentive fees attributable to GCM Grosvenor, net fees attributable to GCM Grosvenor, adjusted pre-tax income, adjusted net income and adjusted EBITDA, non-GAAP financial measures. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. GCM Grosvenor’s experienced team of 485 professionals serves a global client base of institutional and high net worth investors. This includes personalizing content and advertising. The Board of Directors of GCM Grosvenor Inc. (Nasdaq: GCMG) declared a quarterly dividend of $0.06 per share on the outstanding Class A common stock of GCMG, payable on March 15, 2021 to stockholders of record as of the close of business on March 1, 2021. GCM Grosvenor’s management uses these non-GAAP measures to evaluate GCM’s projected financial and operating performance. January 4, 2021 Board Approves GCM Grosvenor $0.06 per Share Dividend. This press release contains certain forward-looking statements within the meaning of the federal securities laws, including with respect to the proposed transaction between GCM Grosvenor and CFAC, the anticipated timing of such transaction and GCM Grosvenor’s outlook for 2020. The proxy statement/prospectus has been sent to all CFAC stockholders as of October 8, 2020. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Zacks Ranks stocks can, and often do, change throughout the month. These individuals will join Michael Sacks, Chairman and CEO of GCM Grosvenor, and Jon Levin, GCM Grosvenor’s President, on the post-transaction Board. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. Zacks Rank Education -- Learn more about the Zacks Rank However, there are a number of limitations related to the use of these non-GAAP measures and their nearest GAAP equivalents. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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