GCM Grosvenor Announces $1.3 Billion Final Close for Infrastructure Advantage Fund II, a Nearly 50% Increase Over its Predecessor Fund
Rhea-AI Summary
GCM Grosvenor (Nasdaq: GCMG) has successfully closed its Infrastructure Advantage Fund II (IAF II) with $1.3 billion in commitments, marking a nearly 50% increase from its predecessor fund's $893 million close in 2020. The final close was completed on March 31, 2025.
The Fund, which attracted 58 investors from the U.S. and Canada, will focus on building a diverse portfolio across infrastructure sectors including transportation, energy transition, and digital infrastructure. The Infrastructure Advantage Strategy, launched in 2018, now manages nearly $2.5 billion in assets and has generated over $8 billion in total economic impact across North America.
IAF II continues the strategy's focus on partnership with organized labor and stakeholders to invest in infrastructure projects with long-term community and economic benefits.
Positive
- Secured $1.3 billion in commitments, representing ~50% growth from previous fund
- Attracted 58 institutional investors across U.S. and Canada
- Infrastructure Strategy manages $2.5 billion in total assets
- Generated over $8 billion in economic impact across North America
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, GCMG gained 2.42%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHICAGO, April 22, 2025 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, announced the final close of its Infrastructure Advantage Fund II ("IAF II" or the “Fund”) was held on March 31, 2025, securing
GCM Grosvenor's Infrastructure Advantage Strategy focuses on partnership with organized labor and other stakeholders to invest in infrastructure projects with long-term community and economic benefits. Similar to Fund I, IAF II will focus on building a diverse portfolio of assets across infrastructure sectors including transportation, energy transition, and digital infrastructure. The Fund attracted a broad group of 58 investors from across the U.S. and Canada.
“We are grateful for the continued confidence of our investors, who share our vision of effectively deploying infrastructure capital in the U.S. and Canada,” said Michael Sacks, Chairman and Chief Executive Officer at GCM Grosvenor. “We look forward to building on the success of Fund I and delivering value to our IAF II investors.”
Launched in 2018, GCM Grosvenor’s Infrastructure Advantage Strategy manages nearly
*Source: IMPLAN 2022 Data Set.
About GCM Grosvenor
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately
GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: www.gcmgrosvenor.com.
Media Contact
Tom Johnson and Abigail Ruck
H/Advisors Abernathy
tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global
212-371-5999