Gcmg.O
GCMG operates as an investment management and fund operator within the financial services sector, generating revenue through asset management and custody services.
Business. GCMG operates as an investment management and fund operator within the financial services sector, generating revenue through asset management and custody services.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
GCMG operates as an investment management and fund operator within the financial services sector, generating revenue through asset management and custody services.
GCMG maintains a highly leveraged capital structure, characterized by a debt-to-equity ratio of 15.87. Total liabilities stand at $686.3 million against total equity of $27.0 million, resulting in a negative net cash position after accounting for $428.4 million in long-term debt against $242.1 million in cash and equivalents. The company generates $183.5 million in operating cash flow, which significantly exceeds its capital expenditure of $8.5 million, providing a buffer for debt servicing despite the elevated leverage.
Profitability metrics indicate strong returns on equity, with an ROE of 168.1%, driven by the thin equity base relative to net income of $45.4 million. Return on assets is 5.6%, reflecting efficient utilization of its $813.8 million asset base. Operating income of $133.5 million on $557.6 million in revenue suggests a robust operating margin, typical for asset management firms with high fixed-cost leverage.
The company’s operational structure is supported by a network of subsidiaries, including Hedge Fund Strategies Aggregator2, LLC, GCM Investments UK LLP, and various CFIG Fund Partners entities. These subsidiaries indicate a diversified fund management platform, though specific revenue concentration by segment or geography is not detailed in the available data.
Growth trajectory analysis is limited by the absence of historical period data in the current snapshot. The latest normalized period shows revenue of $557.6 million and net income of $45.4 million. Without multi-year trend data, year-over-year growth rates cannot be calculated, but the current scale suggests a mature operation within the investment management space.
Risk assessment highlights medium liquidity risk and low dilution risk. The primary financial flag is the negative net cash position, which increases sensitivity to interest rate fluctuations and refinancing risks. The low dilution risk is supported by the identical basic and diluted share counts of 197.3 million, indicating no significant outstanding options or convertible securities impacting share count.
Recent observations include reconciler events related to coverage closure and analysis job queuing, but no specific news events, filing observations, or transcript insights are available to detail recent strategic shifts or market reactions. The company’s subsidiary disclosures remain consistent with its asset management business model.
- High leverage with a debt-to-equity ratio of 15.87 and negative net cash position.
- Strong profitability with 168.1% ROE and 5.6% ROA.
- Low dilution risk with no difference between basic and diluted shares.
- Operating cash flow of $183.5 million comfortably covers capital expenditures.
- Business structure relies on multiple fund management subsidiaries.
- Limited visibility on growth trends due to absence of historical data.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Restricted Stock Units → Class A Common StockAcquired 5 082grant · 2026-06-30
- Director · Restricted Stock Units → Class A Common StockAcquired 5 996grant · 2026-06-30
- Director · Restricted Stock Units → Class A Common StockAcquired 7 216grant · 2026-06-30
- Director, See Explanation of Responses · Restricted Stock Unit → Common StockAcquired 5 376grant · 2026-06-08
- Principal Accounting Officer · Restricted Stock Units → Class A Common StockDisposed 9 114exercise · 2026-05-31
- Principal Accounting Officer · Restricted Stock Units → Class A Common StockDisposed 12 500exercise · 2026-05-31
- Principal Accounting Officer · Restricted Stock Units → Class A Common StockDisposed 12 121exercise · 2026-05-31
- Chief Investment Officer · Restricted Stock Units → Class A Common StockDisposed 25 000exercise · 2026-05-31
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 12 083exercise · 2026-05-31
- Director, President · Restricted Stock Units → Class A Common StockDisposed 25 000exercise · 2026-05-31
- Director, President · Restricted Stock Units → Class A Common StockDisposed 24 242exercise · 2026-05-31
- Director, President · Restricted Stock Units → Class A Common StockDisposed 50 000exercise · 2026-05-31
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 16 668exercise · 2026-05-31
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 16 161exercise · 2026-05-31
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 26 568exercise · 2026-04-15
- Principal Accounting Officer · Restricted Stock Units → Class A Common StockDisposed 7 976exercise · 2026-04-15
- Director · Restricted Stock Units → Class A Common StockAcquired 7 526grant · 2026-03-31
- Director · Restricted Stock Units → Class A Common StockAcquired 9 057grant · 2026-03-31
- Director · Restricted Stock Units → Class A Common StockAcquired 6 378grant · 2026-03-31
- Director, President · Restricted Stock Units → Class A Common StockAcquired 91 305grant · 2026-03-01
- Chief Investment Officer · Restricted Stock Units → Class A Common StockAcquired 150 000grant · 2026-03-01
- Chief Investment Officer · Restricted Stock Units → Class A Common StockAcquired 60 870grant · 2026-03-01
- Principal Accounting Officer · Restricted Stock Units → Class A Common StockAcquired 30 435grant · 2026-03-01
- Principal Accounting Officer · Restricted Stock Units → Class A Common StockDisposed 13 409exercise · 2026-03-01
- Chief Financial Officer · Restricted Stock Units → Class A Common StockAcquired 40 348grant · 2026-03-01
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Capex To Revenuecapital_expenditure / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- GCM Grosvenor Inc. Market data — financials · 2026-07-29
- reconciler_enqueue (reconciler) on GCMG.O · 2026-07-29
- GCMG.O HA canonical relationships · 2026-07-29
Ownership & reference
Top holders
- Institutional Investor · as of 2026-03-310,01 %$52M
- Institutional Investor · as of 2026-03-310,00 %$15M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$18M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2024-12-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$15M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2025-12-310,00 %$53M
- Investment Managers · as of 2024-06-300,00 %$32M
- Institutional Investor · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$16M
- Investment Managers · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Funds · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Jonathan R. LevinPresident, Director
- Michael J. SacksChairman of the Board, Chief Executive Officer
Insider activity
- 10% owner · Class A common stockSold 426 550 @ $13,57$5,8M · 2026-07-16
- 10% owner · Class A common stockSold 4 000 @ $14,24$57K · 2026-07-15
- 10% owner · Class A common stockSold 126 556 @ $13,83$1,8M · 2026-07-15
- Director · Class A Common StockOther 5 996 @ $12,30$74K · 2026-06-30
- Principal Accounting Officer · Class A Common StockOther 12 500 · 2026-05-31
- Principal Accounting Officer · Class A Common StockOther 12 121 · 2026-05-31
- Principal Accounting Officer · Class A Common StockOther 9 114 · 2026-05-31
- Principal Accounting Officer · Class A Common StockOther 14 946 @ $10,63$159K · 2026-05-31
- Chief Investment Officer · Class A Common StockOther 25 000 · 2026-05-31
- Chief Investment Officer · Class A Common StockOther 9 838 @ $10,63$105K · 2026-05-31
- Director, President · Class A Common StockOther 25 000 · 2026-05-31
- Director, President · Class A Common StockOther 24 242 · 2026-05-31
- Director, President · Class A Common StockOther 50 000 · 2026-05-31
- Director, President · Class A Common StockOther 45 085 @ $10,63$479K · 2026-05-31
- Chief Financial Officer · Class A Common StockOther 16 668 · 2026-05-31
- Chief Financial Officer · Class A Common StockOther 16 161 · 2026-05-31
- Chief Financial Officer · Class A Common StockOther 12 083 · 2026-05-31
- Chief Financial Officer · Class A Common StockOther 20 256 @ $10,63$215K · 2026-05-31
- Principal Accounting Officer · Class A Common StockOther 1 000 · 2026-05-19
- Principal Accounting Officer · Class A Common StockOther 1 500 · 2026-05-18
- Chief Financial Officer · Class A Common StockOther 29 981 @ $10,88$326K · 2026-04-15
- Principal Accounting Officer · Class A Common StockOther 7 976 · 2026-04-15
- Principal Accounting Officer · Class A Common StockOther 9 474 @ $10,88$103K · 2026-04-15
- Chief Financial Officer · Class A Common StockOther 26 568 · 2026-04-15
- Director · Class A Common StockOther 7 526 @ $9,80$74K · 2026-03-31
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Cash & equivalents (annual): USD 242.12MUnknown
- Long-term debt (annual): USD 428.44MUnknown
- Operating cash flow (annual): USD 183.54MUnknown
- EPS (basic) (annual): USD-PER-SHARES 1Unknown
- Total operating expenses (annual): USD 424.11MUnknown
- EPS (diluted) (annual): USD-PER-SHARES 0Unknown
- Revenue (annual): USD 557.57MUnknown
- Operating income (annual): USD 133.45MUnknown
- Shareholders' equity (annual): USD 26.99MUnknown
- Capex (annual): USD 8.5MUnknown
- Pre-tax income (annual): USD 154.94MUnknown
- Net income (annual): USD 45.37MUnknown
- Total liabilities (annual): USD 686.33MUnknown
- Total assets (annual): USD 813.76MUnknown
- Cash & equivalents (annual): USD 89.45MUnknown
- Long-term debt (annual): USD 432.04MUnknown
- Total assets (annual): USD 612.73MUnknown
- Operating cash flow (annual): USD 148.77MUnknown
- Operating income (annual): USD 73.48MUnknown
- Net income (annual): USD 18.7MUnknown
- Total operating expenses (annual): USD 440.53MUnknown
- EPS (basic) (annual): USD-PER-SHARES 0Unknown
- Revenue (annual): USD 514.01MUnknown
- Pre-tax income (annual): USD 50.16MUnknown