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GCM Grosvenor Raises $1.2 Billion for Credit Secondaries Push

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GCM Grosvenor Raises $1.2 Billion for Credit Secondaries Push GCM Grosvenor has raised $1.2 billion for its first dedicated fund strategy targeting credit secondaries. The Chicago-based alternative asset manager is betting on a market it expects to grow alongside the broader private credit industry, which has swelled to $1.8 trillion in recent years.

GCM Grosvenor Raises $1.2 Billion for Credit Secondaries Push GCM Grosvenor has raised $1.2 billion for its first dedicated fund strategy targeting credit secondaries. The Chicago-based alternative asset manager is betting on a market it expects to grow alongside the broader private credit industry, which has swelled to $1.8 trillion in recent years.
GCM Grosvenor (ORG) Chicago (LOCATION)
Originally published by Bloomberg Markets Read original →