SCHEDULE: Royce & Associates Discloses 4.39% Passive Stake in GCM Grosvenor Inc.

Royce & Associates LP, an investment adviser, has filed an amended Schedule 13G disclosing a 4.39% passive beneficial ownership stake in GCM Grosvenor Inc.'s Class A Common Stock as of June 30, 2025.

Summary

• Royce & Associates LP, an investment adviser based in New York, has filed an Amendment No. 8 to Schedule 13G.
• The filing reports beneficial ownership of 2,194,359 shares of GCM Grosvenor Inc.'s Class A Common Stock.
• This ownership represents 4.39% of the Class A Common Stock outstanding.
• Royce & Associates LP holds sole voting power and sole dispositive power over all 2,194,359 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of GCM Grosvenor Inc.
• Royce & Associates LP is an indirect majority-owned subsidiary of Franklin Resources, Inc. (FRI) and exercises investment discretion and voting authority independently from FRI and its other affiliates.

Sentiment

Score: 5

Explanation: The document is a factual, regulatory filing disclosing beneficial ownership. It contains no subjective language or performance metrics that would indicate a positive or negative sentiment.

Risks

• Royce & Associates LP disclaims any pecuniary interest in the reported securities.
• Royce & Associates LP disclaims that it is the beneficial owner, as defined in Rule 13d-3, of any such securities.
• Royce & Associates LP believes it is not a 'group' with Franklin Resources, Inc. affiliates or Principal Shareholders (Charles B. Johnson and Rupert H. Johnson, Jr.) within the meaning of Rule 13d-5.

Future Outlook

This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain any forward-looking statements or guidance regarding the issuer's future performance or the reporting person's future investment intentions beyond the passive nature of the stake.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect."
• Royce & Associates, LP (RALP) exercises voting and investment powers on behalf of its investment management clients independently of Franklin Resources, Inc. (FRI) affiliates.
• RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G and disclaims that it is the beneficial owner, as defined in Rule 13d-3, of any such securities.

Industry Context

This filing is a standard disclosure by an investment adviser, Royce & Associates LP, indicating a passive ownership stake in GCM Grosvenor Inc. below the 5% threshold for active reporting (Schedule 13D). It reflects a routine investment by an institutional asset manager on behalf of its clients, consistent with typical portfolio management activities in the financial services industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding institutional ownership, confirming a significant, passive stake held by Royce & Associates LP.
• Investment Professionals: Offers insight into the portfolio holdings of a notable investment adviser, potentially influencing investment strategies or market perceptions of GCM Grosvenor Inc.

Key Dates

Keywords

GCM Grosvenor Inc., Royce & Associates LP, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, Passive Investment, SEC Filing, Institutional Ownership