GCM Grosvenor Real Estate Emerging Manager Program with New York State Common Retirement Fund
Program Guidelines
Life-Cycle Stage: Seed, Early & Mid-Stage
Structure: Joint Ventures, Seed Investments, Funds, Co-investments
Managed by: Program Partner (GCM Grosvenor)
Typical Emerging Manager Firm Equity Under Management: less than $2 billion
Fund Size: typically less than $1 billion, 1st, 2nd or 3rd institutional fund
Sample Initial Commitment: $10 million to $30 million
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