GCMG

GCM Grosvenor Hires Tom Hobson to Expand its Insurance Solutions Business

Retrieved on: 
Friday, November 5, 2021
Macquarie Group, Insurance, Solution, GCM, GLOBE, GCM Grosvenor, GCMG, Head, Risk management, Financial services

CHICAGO, Nov. 05, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Tom Hobson has joined the firm as a Managing Director in GCM Grosvenor Insurance Solutions.

Key Points: 
  • CHICAGO, Nov. 05, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Tom Hobson has joined the firm as a Managing Director in GCM Grosvenor Insurance Solutions.
  • We are thrilled that Tom has joined the GCM Grosvenor team, said John Morrison, Managing Director and head of GCM Grosvenor Insurance Solutions.
  • He has the experience, skills, and relationships to help us grow GCM Grosvenor Insurance Solutions, and he will play a critical role in structuring and delivering the right solutions to meet insurance company objectives.
  • GCM Grosvenor Insurance Solutions is a provider of bespoke alternative investment solutions to insurance company balance sheets globally, utilizing a consultative approach to offer both structured and customized alternative asset management solutions.

GCM Grosvenor Schedules Release of Third Quarter 2021 Financial Results and Investor Conference Call on November 10, 2021

Retrieved on: 
Wednesday, October 27, 2021
Solution, GCMG, GCM, GLOBE, Webcast, Financial services

CHICAGO, Oct. 27, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the third quarter 2021 on Wednesday, November 10, 2021.

Key Points: 
  • CHICAGO, Oct. 27, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the third quarter 2021 on Wednesday, November 10, 2021.
  • Management will host a webcast and conference call on Wednesday, November 10, 2021 at 10:00 a.m.
  • ET to discuss the results and provide a business update.
  • GCM Grosvenors experienced team of approximately 500 professionals serves a global client base of institutional and high net worth investors.

GCM Grosvenor Opens Office in Germany, Expanding Presence in Central Europe, and Hires Markus Koch as Executive Director to Lead German and Central European Business Development Efforts

Retrieved on: 
Thursday, September 9, 2021

Markus has over 20 years of experience managing client relationships in Europe, most recently as a Managing Director in the Client Solutions group at Prime Capital in Frankfurt.

Key Points: 
  • Markus has over 20 years of experience managing client relationships in Europe, most recently as a Managing Director in the Client Solutions group at Prime Capital in Frankfurt.
  • At GCM Grosvenor, Markus will be dedicated to delivering the firm's alternative investment solutions to European investors.
  • "With Markus and a dedicated presence, we will be better able to meet the needs of investors in the region."
  • Koch is the fifth senior business development hire GCM Grosvenor has made since the beginning of the year and the second new office the firm has opened during that time.

GCM Grosvenor to Join Horizon as New Strategic Investor

Retrieved on: 
Tuesday, August 24, 2021
Growth, GCM Grosvenor, Ownership, Director, Fiber, FTTH, Government, GCM, LLP, Partnership, NASDAQ, Unified communications as a service, Solution, Morgan, Lewis & Bockius, CEO, Financial services, Education, GCMG, Health, Communications satellite, Internet service provider

GCM Grosvenor will invest through its Labor Impact Strategy and joins the existing investor group led by Novacap TMT , one of Canada's leading private equity firms.

Key Points: 
  • GCM Grosvenor will invest through its Labor Impact Strategy and joins the existing investor group led by Novacap TMT , one of Canada's leading private equity firms.
  • Notably, Horizon has been launching Fiber to the Home (FTTH) initiatives, having recently completed an initial greenfield fiber build in Circleville, Ohio.
  • "With world-class partners such as Novacap and GCM Grosvenor at our side, Horizon has a significant advantage to continue on this path of growth and transformation," says Jim Capuano, CEO of Horizon.
  • Horizon and Novacap were represented in this transaction by Paul Hastings, LLP, and GCM Grosvenor was represented by Morgan Lewis & Bockius, LLP.

Prospect Medical Holdings Announces Partnership with Global Care Medical Group IPA

Retrieved on: 
Thursday, August 12, 2021
Los Angeles, Global care chain, Population Health Management, Population, CRC, PMH, Partnership, View, Health, Patient, L.A. Care Health Plan, Physician, GCMG, IPA, Medi-Cal, Hospital, Medicine

LOS ANGELES, Aug. 12, 2021 /PRNewswire/ --Prospect Medical Holdings (PMH) has announced an alliance with Global Care Medical Group, Inc. (GCMG) to establish a virtual-integrated delivery system (V-IDS).

Key Points: 
  • LOS ANGELES, Aug. 12, 2021 /PRNewswire/ --Prospect Medical Holdings (PMH) has announced an alliance with Global Care Medical Group, Inc. (GCMG) to establish a virtual-integrated delivery system (V-IDS).
  • Global Care Medical Group IPA's mission is to provide quality care for the most vulnerable patients.
  • Global Care Medical Group IPA is a rapidly growing organization; affiliated with highly rated primary care physicians, specialty providers, and hospitals.
  • With approximately 500 Primary Care Providers and 2,300 Specialty Providers, Global Care Medical Group IPA is a full-service network with health plan and provider agreements in place for all lines of care programs, i.e., commercial, seniors, and Medi-Cal.

GCM Grosvenor Reports Strong Second Quarter 2021, Increases Dividend and Approves a Stock Repurchase Plan

Retrieved on: 
Tuesday, August 10, 2021
Income, Rule, GCM Grosvenor, Depreciation, Annual report, GCM, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, Partnership, Adjustment, Interest, Program, Securities Exchange Act of 1934, Time, Solution, Forward-looking statement, TRA, COVID-19, YTD, QTD, GAAP, FRE, AUM, Board, Assets under management, Investment, Tax, GCMG, Board of directors, Webcast, Net asset value, GLOBE, Regulation, EBITDA, NAV, Lithium, Financial adviser, Cryptocurrency, Pharmaceutical industry, Security (finance), Financial services, Bank

In light of our performance and momentum, our Board of Directors approved increasing our quarterly dividend by 12.5% and a stock repurchase plan that allows for the repurchase of up to $25million of our Class A common stock and warrants.

Key Points: 
  • In light of our performance and momentum, our Board of Directors approved increasing our quarterly dividend by 12.5% and a stock repurchase plan that allows for the repurchase of up to $25million of our Class A common stock and warrants.
  • GCM Grosvenor also issued a detailed presentation of its results and a presentation containing supplemental financial data, both of which are available on GCM Grosvenors website at https://www.gcmgrosvenor.com/shareholder-events .
  • GCM Grosvenor believes that these non-GAAP measures of financial results provide useful supplemental information to investors about GCM Grosvenor.
  • Net incentive fees attributable to GCM Grosvenor is a non-GAAP measure used to highlight fees earned from incentive fees that are attributable to GCM Grosvenor.