SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
GCM Grosvenor L.P.
Chicago, IL
CRD 108654
Firm filing updated June 30, 2026 ·
- $95.5BAssets
- 166Advisory staff
- 407Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Pooled vehicles375
- State or municipal government entities (including government pension plans)10
- Investment companies4
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | Fewer than 5 clients | $135.3 million |
| Investment companies | 4 | $313.2 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 375 | $90.5 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $9.1 million |
| State or municipal government entities (including government pension plans) | 10 | $4.5 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 6 services
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Educational seminars/workshops
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Educational seminars/workshops
Assets and accounts
- Regulatory assets$95.5 billion
- Accounts407
- Discretionary$93.8 billion · 395 accounts
- Non-discretionary$1.7 billion · 12 accounts
People
- Employees466
- Advisory staff166
- Broker-dealer reps80
- Licensed insurance agents0
Registration details
- SEC-registered investment advisor. CRD 108654, SEC file 801-54965.
- Registered with the SEC as an investment advisor (status date on record: October 17, 1997).
Is GCM Grosvenor L.P. a fiduciary?
Short answer: GCM Grosvenor L.P. is registered with the SEC as an investment advisor. Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 80 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.