GCM Grosvenor commits $50M to OlivePoint’s latest investment fund

OlivePoint, a private real estate investor announced that GCM Grosvenor an asset management solutions provider has committed, on behalf of various U.S. Pension Plans, $50M to OlivePoint’s latest investment fund. The investment is being made through GCM Grosvenor’s Real Estate platform, which provides catalytic seed capital to emerging real estate investors to help launch and scale their investment businesses… “We are excited to strategically partner with the OlivePoint team to invest in opportunistic real estate assets across the U.S. Over the course of their careers, Adrian, John, and Ricardo have demonstrated the ability to thoughtfully manage risk and protect their investors’ capital while identifying unique opportunities. As such, we believe OlivePoint can potentially create meaningful alpha for our investors in today’s challenging market environment.”Adrian Bejarano, John Bruno, and Ricardo Goldberg, Co-Founders and Managing Partners of OlivePoint, added, “We are pleased to welcome GCM Grosvenor as a strategic investor, and we are grateful for their support and the confidence they are placing in us to invest on behalf of their institutional clients. This investment is a powerful endorsement of our investment strategy and our proven, experienced team. We are looking forward to a long and successful partnership with the GCM Grosvenor team.”