tiprankstipranks
GCM Grosvenor reports Q2 revenue $107.6M bs $104.4M last year.
The Fly

GCM Grosvenor reports Q2 revenue $107.6M bs $104.4M last year.

“We are pleased with our solid results this quarter,” said Michael Sacks, Chairman and CEO of GCM Grosvenor. “We saw some tangible improvement in the environment with fundraising increasing approximately 50% from the first quarter to $1.5B. We remain confident in our growth trajectory and increased our share repurchase authorization to $115M.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on GCMG:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles