Earnings Call Summary | GCM Grosvenor(GCMG.US) Q1 2024 Earnings Conference
Earnings Call Summary | GCM Grosvenor(GCMG.US) Q1 2024 Earnings Conference
The following is a summary of the GCM Grosvenor Inc. (GCMG) Q1 2024 Earnings Call Transcript:
以下是GCM Grosvenor Inc.（GCMG）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
GCM Grosvenor reported a Q1 2024 year-over-year increase in fundraising (up 74%), adjusted net income (growth of 39%), and fee-related earnings rise of 26%.
The corporation's fee-related earnings margin exceeded 40% for the second consecutive quarter.
Their reported assets under management (AUM) at the end of the quarter was $79 billion, marking a 5% increase from the previous year. The fee-paying AUM also grew by 6% year over year.
The private markets sector was a significant contributor to the company's growth, with its fee-paying AUM experiencing a 7% year-on-year increase.
GCM Grosvenor報告稱，2024年第一季度籌款額同比增長（增長74％），調整後的淨收入（增長39％），費用相關收益增長26％。
該公司的收費相關收益率連續第二個季度超過40％。
截至本季度末，他們報告的管理資產（AUM）爲790億美元，比上年增長了5％。付費資產管理規模也同比增長了6％。
私募市場行業是公司增長的重要推動力，其付費資產管理規模同比增長7％。
Business Progress:
業務進展：
GCM Grosvenor managed to raise $1.6 billion in capital this quarter, and anticipates a re-up pipeline of $4 billion for the remainder of the year.
The company is moving forward with an expansion of its origination capabilities in private equity, infrastructure, and real estate which led to a strong performance contribution.
They've reaffirmed their 2024 financial objectives which include double-digit growth in private markets management fees, steady ARS management fees, broader fee-related earnings (FRE) margin, and considerable growth potential in incentive fee revenues.
The rise in their pipeline, particularly for Absolute Return Strategies (ARS) is being observed due to their good performance. As the re-up rates remain strong at over 90%, GCM Gaulver is expecting a predictable and stable re-up process, with growth opportunities in sight.
GCM Grosvenor在本季度成功籌集了16億美元的資本，並預計今年剩餘時間將有40億美元的再融資。
該公司正在擴大其在私募股權、基礎設施和房地產領域的發起能力，這爲業績做出了強勁的貢獻。
他們重申了2024年的財務目標，其中包括私募市場管理費的兩位數增長、穩定的ARS管理費、更廣泛的費用相關收益（FRE）利潤率以及激勵費收入的巨大增長潛力。
由於其良好的表現，他們的產品線正在增加，特別是絕對回報策略（ARS）的增長。由於再投資率保持強勁勢頭，超過90％，GCM Gaulver預計重啓過程將是一個可預測且穩定的再投資過程，增長機會就在眼前。
More details: GCM Grosvenor IR
更多詳情： GCM 格羅夫納紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。