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GCM Grosvenor

Institutional investor

Chicago · 68 people tracked

Also known as GCM GROSVENOR WEALTH L.P.

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Investment thesis

GCM Grosvenor's Infrastructure Advantage Strategy is built on the belief that the most attractive infrastructure opportunities emerge from collaboration among labor, government, and private capital. The strategy identifies, develops, and owns long-term infrastructure assets by aligning key stakeholders. It combines a dedicated team with investment, labor, and government expertise, and applies a Responsible Contractor Policy developed with NABTU to ensure fair wages, benefits, conditions, and training for workers. Beyond pursuing risk-adjusted returns, the strategy aims to strengthen communities by driving major infrastructure projects, fueling local economies, and creating jobs. It has over 20 years of infrastructure investing experience.

Source: firm website, verified Sep 29, 2026.

HQ
Chicago, US
Instruments
Equity
AUM
$95.5B
Tracked investments
6
Unicorns
1
IPOs
1

Team · 68 people

from the firm's website & public directories
Dasha S. Dwin· Executive Officer
Eric A. Felton· Executive Officer
Francis Idehen· Executive Officer
Ivaldo Basso· Executive Officerin
Sandra Hurse· Executive Officer

Founder mafia

5 people who came through GCM Grosvenor went on to found or lead other companies.

What they invest in

from 3 of 6 portfolio companies

Advanced Manufacturing ×1Cleantech ×1Consumer ×1E-commerce ×1Energy ×1Enterprise Software ×1FoodTech ×1Impact & Social Good ×1

HQs:United States×2United Kingdom×1

Investments · 6 tracked

founders shown can be your intro path
Instacartinstacart.comin𝕏NASDAQ: CARTLate Stage

Instacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.

ConsumerE-commerceFoodTechSan Francisco, US

Apoorva Mehta(Chairman \u0026 Founding CEO)inBrandon Leonardo(Founder)inMax Mullen(Founder)inChris Rogers(Chief Executive Officer)inEmily Reuter(Chief Financial Officer)inHetong Li(Senior Software Engineer)

Co-investorsA*Andreessen HorowitzAvenue Growth PartnersBACKGROUND CAPITALBling CapitalBright Pixel Capital+54 more

Hallcon Corporationhallcon.com

Hallcon is a transportation and infrastructure services company providing customizable transportation solutions including shuttles, vehicle maintenance, facility cleaning, staffing, and technology integration for technology companies, manufacturers, universities, hospitals, airports, and other organizations.

Advanced ManufacturingCleantechEnergyEnterprise SoftwareLogistics & Supply ChainMobility & TransportationChicago, US

Co-investorsPRIVEQ Capital Funds

Matter Real Estatematterrealestate.co.ukinOct 2024

Matter is a real estate investment firm focused on the living sector, investing across sub-sectors such as single- and multi-family, senior living, and affordable housing.

Impact & Social GoodPropTech

David Christie(CEO)in

Co-investorsBlack Lion Venturesabrdn plcUBS

Spectrum Vision Partnersspectrumvisionpartners.com

Management services organization serving ophthalmology practices and ambulatory surgery centers on the East Coast.

Co-investorsBlue Sea CapitalGoldpointHamilton Lane

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AGT Food and Ingredients Inc.Shepherds Flat

Exits · 1

1 IPOs

InstacartNASDAQ: CART

Fund performance · per public LP disclosures · 28

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
GCM Diversified Infrastructure, L.P.LPs: Pennsylvania Public School Employees' Retirement System2024—16.5%1.17x—
CRPTF-GCM Emerging Manager Partnership L.P. 2022-2 RELPs: Connecticut Retirement Plans and Trust Funds2023——1.01x0.04x
GCM Grosvenor Elevate Fund, L.P.LPs: California Public Employees' Retirement System2023——0.88x0.08x
GCM Grosvenor Advance Fund, L.PLPs: Employees' Retirement System of Rhode Island2022—9.2%1.21x0.15x
GCM Grosvenor Co-Investment Opportunities Fund III, L.P.LPs: San Diego City Employees' Retirement System2022—26.3%1.48x0.13x
GCM US Partnership Opportunities, L.P.LPs: Pennsylvania Public School Employees' Retirement System2022—9.1%1.13x0.18x
GCM Grosvenor Secondary Opportunities Fund III, LPLPs: San Diego City Employees' Retirement System2020—14.5%1.31x0.18x
GCM Grosvenor DEM III, L.P.LPs: California Public Employees' Retirement System2019—21.7%1.69x0.46x
GCM Grosvenor Co-Investment Opportunities Fund II, L.P.LPs: San Diego City Employees' Retirement System2018—25.9%2.36x1.09x
GCM Grosvenor Secondary Opportunities Fund II, L.P.LPs: San Diego City Employees' Retirement System2017—13.9%1.65x0.51x
GCM Grosvenor Co-Investment Opportunities Fund, L.P.LPs: San Diego City Employees' Retirement System2016—3.8%1.18x0.75x
GCM Grosvenor - NC Innovation Fund IILPs: North Carolina Retirement Systems2015—18.3%1.82x1.06x
GCM Grosvenor Secondary Opportunities Fund, L.P.LPs: San Diego City Employees' Retirement System2015—15.1%1.62x1.35x
GCM Grosvenor DEM II, L.P.LPs: California Public Employees' Retirement System2014—14.9%1.73x1.01x
GCM Grosvenor - NC Innovation Fund 2013-1LPs: North Carolina Retirement Systems2013—24.4%2.49x2.37x
GCM Grosvenor DEM, L.P.LPs: California Public Employees' Retirement System2012—8.7%1.38x1.13x
GCM Grosvenor - NC Innovation FundLPs: North Carolina Retirement Systems2010—19.6%1.97x1.75x
GCM Grosvenor - NC Investment FundLPs: North Carolina Retirement Systems2008—1.5%1.14x0.34x
GCM Grosvenor NYCERS Emerging Manager Co-Investment Fund, L.P.LPs: New York City Employees' Retirement System2008—14.1%1.79x1.79x
GCM Grosvenor NYCERS Emerging Manager Fund, L.P.LPs: New York City Employees' Retirement System2008—9.4%1.53x1.24x
GCM Grosvenor NYCFDPF Emerging Manager Co-Investment Fund, L.P.LPs: New York City Fire Department Pension Fund2008—11.7%1.58x1.58x
GCM Grosvenor NYCFDPF Emerging Manager Fund, L.P.LPs: New York City Fire Department Pension Fund2008—8.4%1.46x1.18x
GCM Grosvenor NYCPPF Emerging Manager Co-Investment FundLPs: New York City Police Pension Fund2008—13.7%1.75x1.75x
GCM Grosvenor NYCPPF Emerging Manager FundLPs: New York City Police Pension Fund2008—8.6%1.45x1.45x
GCM Grosvenor TRSCNY Emerging Manager Fund, L.P.LPs: Teachers' Retirement System of the City of New York2008—9.2%1.51x1.27x
GCM Grosvenor CT Cleantech Opportunities Fund LPLPs: Connecticut Retirement Plans and Trust Funds2007—-13.5%0.40x0.40x
GCM Grosvenor - NYSCRF New York Co-Investment Program Fund 2005, LPLPs: Empire State Development – New York Ventures2005——1.24x0.97x
GCM Grosvenor Customized Infrastructure StrategiesLPs: Michigan Municipal Employees' Retirement System, Pennsylvania Public School Employees' Retirement System——13.7%1.58x1.36x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has GCM Grosvenor made?
GCM Grosvenor has 6 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
What sectors does GCM Grosvenor focus on?
GCM Grosvenor focuses on Energy, Impact & Social Good, Sector Agnostic.
Where is GCM Grosvenor located?
GCM Grosvenor is headquartered in Chicago, US.

Images

GCM Grosvenor photoGCM Grosvenor photo

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