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Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Total operating revenues $ 514,012 $ 444,999 $ 446,530
Expenses      
Employee compensation and benefits 336,236 356,044 277,311
General, administrative and other 104,296 100,801 88,907
Total operating expenses 440,532 456,845 366,218
Operating income (loss) 73,480 (11,846) 80,312
Investment income 15,589 11,640 10,108
Interest expense (24,160) (23,745) (23,314)
Other income 1,334 1,008 1,436
Change in fair value of warrant liabilities (16,079) 1,429 20,551
Net other income (expense) (23,316) (9,668) 8,781
Income (loss) before income taxes 50,164 (21,514) 89,093
Provision for income taxes 13,560 7,692 9,611
Net income (loss) 36,604 (29,206) 79,482
Less: Net income attributable to noncontrolling interests in subsidiaries 2,545 5,033 6,823
Less: Net income (loss) attributable to noncontrolling interests in GCMH 15,364 (47,013) 52,839
Net income attributable to GCM Grosvenor Inc. $ 18,695 $ 12,774 $ 19,820
Earnings (loss) per share of Class A common stock:      
Basic (in dollars per share) $ 0.42 $ 0.30 $ 0.45
Diluted (in dollars per share) $ 0.03 $ (0.28) $ 0.28
Weighted average shares of Class A common stock outstanding :      
Basic (in shares) 44,741,336 43,198,517 43,872,300
Diluted (in shares) 190,590,041 187,433,763 188,567,992
Management fees      
Revenues      
Total operating revenues $ 401,648 $ 375,444 $ 367,242
Incentive fees      
Revenues      
Total operating revenues 106,237 64,903 75,167
Other operating income      
Revenues      
Total operating revenues $ 6,127 $ 4,652 $ 4,121