GCM Grosvenor closes $1.2B inaugural credit secondaries fund

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GCM Grosvenor Raises $1.2 Billion Across Inaugural Credit Secondaries Fund and Related Strategies

July 23, 2026 9:00 AM EDT

CHICAGO, July 23, 2026 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today announced the successful final close of its inaugural Credit Secondaries Fund ("CSF"). The firm raised $1.2 billion in commitments for its credit secondaries platform in and alongside CSF, reflecting strong investor interest in the rapidly growing strategy.

The strategy draws on 40 years of GCM Grosvenors credit investing experience and leverages the firms $17+ billion credit platform to source and evaluate investment opportunities across the private credit secondary market. The strategy focuses on opportunities across credit... More