GCM Grosvenor Customized Infrastructure Strategies III Fund Holds Final Close as Firm Continues to See Strong Demand for Infrastructure Investments
October 31 2023 - 9:00AM
GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset
management solutions provider, today announced that GCM Grosvenor
Customized Infrastructure Strategies III, L.P. (“CIS III”)
completed its final close with $882 million in committed capital,
bringing total infrastructure fundraising to $7.8 billion since the
beginning of 2021. CIS III showed a 37% increase in commitments
compared to its predecessor fund CIS II. The firm has approximately
$13 billion of infrastructure assets under management as of the
second quarter of 2023.
“We are thrilled that our investors recognize and appreciate our
differentiated approach to the infrastructure opportunity set,”
said Scott Litman, Managing Director, Infrastructure Investments.
“We believe our comprehensive global sourcing strategy and
flexibility of investment implementation approaches will continue
to drive future growth for this franchise.”
The diversified base of CIS III investors includes corporate,
public, and Taft-Hartley pension plans, financial institutions,
insurance companies, sovereign entities, endowments, individual
investors, and others in the U.S., Europe, Asia-Pacific, and Middle
East regions.
CIS III will focus on providing investors with a single point of
entry to a diversified set of infrastructure opportunities,
including co-investments, secondaries investments and direct
investments. The fund expects to invest globally and across
infrastructure sub-asset classes, including transportation, energy
transition, digital infrastructure, as well as emerging
opportunities in the evolving infrastructure asset class such as
battery storage and e-commerce logistics.
About GCM Grosvenor
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset
management solutions provider with approximately $76 billion in
assets under management across private equity, infrastructure, real
estate, credit, and absolute return investment strategies. The firm
has specialized in alternatives for more than 50 years and is
dedicated to delivering value for clients by leveraging its
cross-asset class and flexible investment platform.
GCM Grosvenor’s experienced team of approximately 530
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.
Source: GCM Grosvenor
Media ContactTom Johnson and Will
BraunH/Advisors Abernathytom.johnson@h-advisors.global /
will.braun@h-advisors.global212-371-5999
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