At closing, the public company’s name will be changed to GCM Grosvenor Inc.

The transaction values GCM Grosvenor at US$ 2 billion. Sacks, will continue to lead the business. GCM Grosvenor’s existing senior management team, led by Chairman & CEO Michael J. and expects its Class A common stock to be listed on the NASDAQ stock exchange. The combined company will operate as GCM Grosvenor Inc. The companies announced that they have entered into a definitive agreement to effect the transaction. GCM Grosvenor is becoming a public company through a merger with CF Finance Acquisition Corporation, a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald, a leading global financial services firm. The firm has approximately US$ 57 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. pension plans, giving them access to private equity investments. SPAC TIME: Cantor Fitzgerald Helps GCM Grosvenor go PublicĬhicago-based GCM Grosvenor is a global alternative asset management firm that services many U.S.

Michael sacks grosvenor