GCM Grosvenor Inc. has a concentrated ownership structure in its Class A common stock. As of June 30, 2026, there were 61,120,273 Class A shares outstanding. Based on the assumed one‑for‑one redemption of Common Units into Class A shares, an insider group led by Michael Jay Sacks reports substantial beneficial ownership.
Sacks may be deemed to beneficially own 141,672,819 shares, representing 69.9% of the Class A common stock. This interest is held through several affiliated entities, including Grosvenor Holdings, L.L.C. with 133,965,014 shares (68.7%) and GCM Progress Subsidiary LLC with 88,993,499 shares (including redeemable Common Units), or 59.3% of the class. The Reporting Persons disclose shared, and no sole, voting and dispositive power over these shares.
Positive
None.
Negative
None.
Key Figures
Class A shares outstanding:61,120,273 sharesSacks beneficial ownership:141,672,819 shares (69.9%)Grosvenor Holdings, L.L.C. stake:133,965,014 shares (68.7%)+3 more
6 metrics
Class A shares outstanding61,120,273 sharesClass A common stock outstanding as of June 30, 2026
Sacks beneficial ownership141,672,819 shares (69.9%)Beneficial ownership of Class A common stock assuming 1:1 Common Unit redemption
Grosvenor Holdings, L.L.C. stake133,965,014 shares (68.7%)Beneficial ownership of Class A common stock
GCM Progress Subsidiary LLC stake88,993,499 shares (59.3%)Beneficial ownership via Common Units redeemable into Class A shares
Grosvenor Holdings Common Units44,964,527 unitsCommon Units of Grosvenor Capital Management Holdings, LLLP held by Grosvenor Holdings, L.L.C.
GCM Progress Subsidiary Common Units88,993,499 unitsCommon Units redeemable into Class A shares on a one-to-one basis
Key Terms
beneficial ownership, Common Units, sole voting power, shared dispositive power, +1 more
5 terms
beneficial ownershipfinancial
"The ownership information presented below represents beneficial ownership of the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Unitsfinancial
"The ownership information assumes the redemption of the common units of Grosvenor Capital Management Holdings, LLLP"
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
sole voting powerfinancial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 141,672,819.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 141,672,819.00"
Schedule 13Gregulatory
"This statement is filed on behalf of: Michael Jay Sacks ... as a Reporting Person"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
How much of GCM Grosvenor (GCMG) does Michael Jay Sacks beneficially own?
Michael Jay Sacks may be deemed to beneficially own 141,672,819 shares of GCM Grosvenor Class A common stock, representing 69.9% of the class. This stake is held indirectly through several affiliated entities that share voting and dispositive power over the securities.
What percentage of GCM Grosvenor (GCMG) is owned by Grosvenor Holdings, L.L.C.?
Grosvenor Holdings, L.L.C. reports beneficial ownership of 133,965,014 shares of GCM Grosvenor Class A common stock, equal to 68.7% of the class. Its position includes 44,964,527 Common Units and 6,988 Class A shares, all with shared voting and dispositive power.
What is the total number of GCM Grosvenor (GCMG) Class A shares outstanding?
As of June 30, 2026, GCM Grosvenor had 61,120,273 Class A common shares outstanding. Reported beneficial ownership levels assume one‑for‑one redemption of certain Common Units into Class A shares, which significantly increases the effective voting power of the reporting group.
How many GCM Grosvenor (GCMG) shares are attributed to GCM Progress Subsidiary LLC?
GCM Progress Subsidiary LLC is the record holder of 88,993,499 Common Units, which may be redeemed into the same number of Class A shares. This equates to beneficial ownership of 88,993,499 shares, or 59.3% of GCM Grosvenor’s Class A common stock.
Do the reporting persons have sole or shared voting power over GCMG shares?
The reporting persons disclose 0 shares with sole voting or dispositive power and only shared power over their positions. For example, Michael Jay Sacks reports shared voting and dispositive power over 141,672,819 shares through his roles in the affiliated entities.
What are GCM Grosvenor (GCMG) Common Units and how are they treated in this filing?
The filing describes Common Units of Grosvenor Capital Management Holdings, LLLP, each redeemable into one GCM Grosvenor Class A share. Ownership percentages assume all such Common Units held by the reporting persons are redeemed on a one‑to‑one basis into Class A stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
GCM Grosvenor Inc.
(Name of Issuer)
Class A Common Stock, par value $0.0001
(Title of Class of Securities)
36831E108
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
36831E108
1
Names of Reporting Persons
Michael Jay Sacks
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
141,672,819.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
141,672,819.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
141,672,819.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
69.9 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP Number(s):
36831E108
1
Names of Reporting Persons
Grosvenor Holdings, L.L.C.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
133,965,014.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
133,965,014.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
133,965,014.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
68.7 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
CUSIP Number(s):
36831E108
1
Names of Reporting Persons
Grosvenor Holdings II, L.L.C.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,226,977.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,226,977.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,226,977.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
CUSIP Number(s):
36831E108
1
Names of Reporting Persons
GCM Grosvenor Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,480,828.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,480,828.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,480,828.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
CUSIP Number(s):
36831E108
1
Names of Reporting Persons
GCM Progress LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
88,993,499.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
88,993,499.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
88,993,499.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
59.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
CUSIP Number(s):
36831E108
1
Names of Reporting Persons
GCM Progress Subsidiary LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
88,993,499.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
88,993,499.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
88,993,499.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
59.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
GCM Grosvenor Inc.
(b)
Address of issuer's principal executive offices:
900 North Michigan Avenue, Suite 1100, Chicago, IL 60611.
Item 2.
(a)
Name of person filing:
Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of:
Michael Jay Sacks
Grosvenor Holdings, L.L.C.
Grosvenor Holdings II, L.L.C.
GCM Grosvenor Management, LLC
GCM Progress LLC
GCM Progress Subsidiary LLC
(b)
Address or principal business office or, if none, residence:
The principal business address of the Reporting Persons is c/o GCM Grosvenor Inc., 900 North Michigan Avenue, Suite 1100, Chicago, IL 60611.
(c)
Citizenship:
Grosvenor Holdings, L.L.C. is organized under the laws of the state of Illinois. Grosvenor Holdings II, L.L.C., GCM Grosvenor Management, LLC, GCM Progress LLC and GCM Progress Subsidiary LLC are each organized under the laws of the state of Delaware. Michael Jay Sacks is a citizen of the United States.
(d)
Title of class of securities:
Class A Common Stock, par value $0.0001
(e)
CUSIP No.:
36831E108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The ownership information presented below represents beneficial ownership of the shares Class A Common Stock as of June 30, 2026, based upon 61,120,273 shares of Class A Common Stock outstanding as of June 30, 2026. The ownership information assumes the redemption of the common units of Grosvenor Capital Management Holdings, LLLP ("Common Units") held by the Reporting Persons for shares of the Issuer's Class A Common Stock on a one-to-one basis.
Michael Jay Sacks 141,672,819
Grosvenor Holdings, L.L.C. 133,965,014
Grosvenor Holdings II, L.L.C. 3,226,977
GCM Grosvenor Management, LLC 4,480,828
GCM Progress LLC 88,993,499
GCM Progress Subsidiary LLC 88,993,499
(b)
Percent of class:
Michael Jay Sacks 69.9%
Grosvenor Holdings, L.L.C. 68.7%
Grosvenor Holdings II, L.L.C. 5.0%
GCM Grosvenor Management, LLC 6.8%
GCM Progress LLC 59.3%
GCM Progress Subsidiary LLC 59.3%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Michael Jay Sacks 0
Grosvenor Holdings, L.L.C. 0
Grosvenor Holdings II, L.L.C. 0
GCM Grosvenor Management, LLC 0
GCM Progress LLC 0
GCM Progress Subsidiary LLC 0
(ii) Shared power to vote or to direct the vote:
Michael Jay Sacks 141,672,819
Grosvenor Holdings, L.L.C. 133,965,014
Grosvenor Holdings II, L.L.C. 3,226,977
GCM Grosvenor Management, LLC 4,480,828
GCM Progress LLC 88,993,499
GCM Progress Subsidiary LLC 88,993,499
(iii) Sole power to dispose or to direct the disposition of:
Michael Jay Sacks 0
Grosvenor Holdings, L.L.C. 0
Grosvenor Holdings II, L.L.C. 0
GCM Grosvenor Management, LLC 0
GCM Progress LLC 0
GCM Progress Subsidiary LLC 0
(iv) Shared power to dispose or to direct the disposition of:
Michael Jay Sacks 141,672,819
Grosvenor Holdings, L.L.C. 133,965,014
Grosvenor Holdings II, L.L.C. 3,226,977
GCM Grosvenor Management, LLC 4,480,828
GCM Progress LLC 88,993,499
GCM Progress Subsidiary LLC 88,993,499
Grosvenor Holdings II, L.L.C. is the record holder of 3,226,977 Common Units. GCM Grosvenor Management, LLC is the record holder of 4,480,828 Common Units. Grosvenor Holdings, L.L.C. is the record holder of 44,964,527 Common Units and 6,988 shares of Class A Common Stock. GCM Progress Subsidiary LLC is the record holder of 88,993,499 Common Units. The Common Units may be redeemed by the Reporting Persons at any time for shares of the Issuer's Class A Common Stock on a one-to-one basis.
Mr. Sacks is the ultimate managing member of each of Grosvenor Holdings, L.L.C., Grosvenor Holdings II, L.L.C. and GCM Grosvenor Management, LLC. Grosvenor Holdings, L.L.C. is the sole member of GCM Progress LLC, which is the sole member of GCM Progress Subsidiary LLC. As a result, Mr. Sacks may be deemed to share beneficial ownership of the securities held by the Reporting Persons.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.