GCM Grosvenor Inc-A 2025年季度报告

Part I - Financial InformationFinancial Statements (unaudited) As used in this Quarterly Report on Form 10-Q, unless as the context requires otherwise, as used herein, references to “GCM,” the“Company,” “we,” “us,” and “our,” and similar references refer collectively to GCM Grosvenor Inc. and its consolidated subsidiaries. Unless the context otherwise requires, references in this Quarterly Report on Form 10-Q to: •“AUM” are to assets under management; •“CF Sponsor” are to CF Finance Holdings, LLC, a Delaware limited liability company; •“clients” are to persons who invest in our funds, even if such persons are not deemed clients of our registered investment adviser subsidiaries for purposes of the Investment Advisers Act 1940, as amended; •“Class A common stock” are to our Class A common stock, par value $0.0001 per share; •“Class B common stock” are to our Class B common stock, par value $0.0001 per share; •“Class C common stock” are to our Class C common stock, par value $0.0001 per share; Grosvenor Capital Management Holdings, LLLP cancelled its shares in GCM Grosvenor Inc. no longer making GCMGrosvenor Inc. a wholly owned subsidiary of Grosvenor Capital Management Holdings, LLLP; •“GCMH Equityholders” are to Holdings, Management LLC, Holdings II and GCM Progress Subsidiary LLC;•“Grosvenor common units” are to units of partnership interests in GCMH entitling the holder thereof to the distributions, allocations, and other rights accorded to holders of partnership interests in GCMH; •“Holdings” are to Grosvenor Holdings, L.L.C., an Illinois limited liability company;•“Holdings II” are to Grosvenor Holdings II, L.L.C., a Delaware limited liability company; •“IntermediateCo” are to GCM Grosvenor Holdings, LLC (formerly known as CF Finance Intermediate Acquisition, LLC), aDelaware limited liability company;•“Management LLC” are to GCM Grosvenor Management, LLC, a Delaware limited liability company; 20% of the number of shares of Class A common stock beneficially owned by the GCMH Equityholders immediatelyfollowing the Closing Date (assuming, for this purpose, that all outstanding Grosvenor common units are and were exchangedat the applicable measurement time by the GCMH Equityholders for shares of Class A common stock in accordance with theA&R LLLPA and without regard to the lock-up or any other restriction on exchange); •“Transaction” are to the transactions contemplated by the definitive transaction agreement, dated as of August 2, 2020, by andamong CF Finance Acquisition Corp., a Delaware corporation, IntermediateCo, CF Finance Holdings, LLC, a Delaware This Quarterly Report on Form 10-Q contains forward-looking statements. We intend such forward-looking statements to be coveredby the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the“Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than product offerings for certain investors; and our relationships with our existing clients as part of our growth strategies may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,”“plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,”“potential” or “continue” or the negative of these terms or other similar expressions. Forward-looking statements contained in thisQuarterly Report on Form 10-Q include, but are not limited to statements regarding our future results of operations and financialposition, industry and business trends, equity compensation, business strategy, plans, market growth and our objectives for futureThe forward-looking statements in this Quarterly Report on Form 10-Q are only current expectations and predictions. We have basedthese forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and ourstatements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially availablerelevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. Non-cash adjustment to operating lease right-of-use assets from lease modificationSupplemental disclosure of cash flow information from investing activities Non-cash premises and equipment additions in accrued expenses and other liabilities$—$Supplemental disclosure of non-cash information from financing activitiesDeemed contributions from GCMH Equityholders$12,225$Establishment of deferred tax assets, net related to non-cash activities$(19)$ 1.OrganizationGCM Grosvenor Inc. (“GCMG”) and its subsidiaries including Grosvenor Capital Mana