A native of Chicago, Sacks received a bachelor's degree in economics from Tulane University in 1984, a general course certificate from the London School of Economics for work completed in the 1982-1983 academic year and an MBA from the J.L. CHICAGO, Jan. 4, 2021 /PRNewswire/ -- The Board of Directors of GCM Grosvenor Inc. (Nasdaq: GCMG) declared a quarterly dividend of $0.06 per share on the outstanding Class A common All Rights Reserved. The Company provides investment management and advisory services for hedge fund investments. Participants from... Get premium, high resolution news photos at Getty Images A Division of NBCUniversal. United States. Grosvenor is a leader in the alternative investment industry, specializing in … The combined firm will use the GCM Grosvenor name and be led by its senior managers, including Chairman Michael Sacks. Chicago, IL 60611 Grosvenor is a leader in the alternative investment industry, specializing in the management of multimanager investment portfolios. "We believe that our high free cash flow generation, which gives us the ability to pay dividends and return capital to shareholders over time, is an attractive feature of our business," said Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor. Chairman/CEO, Grosvenor Capital Management, L.P. Grosvenor Capital Management, L.P. offers financial services. Other executives include Paul A. Meister, Vice Chairman; Jonathan R. Levin, President and 47 others. This follows a 2016 gift in equal amount by Mr. Meister and his wife, Jill Meister (JD '90). Grosvenor Capital Management serves customers worldwide. Jeffrey Ubben Inclusive Capital Partners. Sacks joined Grosvenor in 1990, and was named managing partner in 1994. He is a member of the Illinois Bar. Michael Sacks; Firm: Grosvenor Capital Management LP: Address: Grosvenor Capital Management, LP 900 North Michigan Avenue, Suite 1100 Chicago, IL 60611: Source: Associated Funds; Grosvenor Capital Management LP: AAH Diverse Hedge Funds Ltd: 51.8: Grosvenor Opportunistic Multi-Credit Fund C Ltd: 55.8: Hedge Fund Guided Portfolio Solution Ltd : 7.8: Buckeye Fund Ltd: 88.6: GCM FAT Hunter Fund … Grosvenor is a leader in the alternative investment industry, specializing in public and private markets solutions that span hedge funds, private equity, infrastructure and real estate. View 2020 Speakers. 'Today's announcement not only reflects GCM Grosvenor's ongoing dedication to creating a more inclusive and equitable asset management industry, it also demonstrates the forward-thinking nature of ILPA and the other Founding Signatories,' said Michael Sacks, GCM Grosvenor… After the company goes public, Sacks will continue to lead GCM Grosvenor, which is owned by management and Hellman & Friedman, a private equity firm. GCM Grosvenor’s existing senior management team, led by Chairman & CEO Michael J. Sacks, will continue to lead the business. Sign up for free newsletters and get more CNBC delivered to your inbox. Lauren Taylor Wolfe Impactive Capital. We want to hear from you. Michael J Sacks is Chairman/CEO at Grosvenor Capital Management, L.P.. See Michael J Sacks's compensation, career history, education, & memberships. "Eric brings a wealth of experience across the full technology spectrum as well as extensive business and leadership acumen," said Michael Sacks, Chairman and CEO of GCM Grosvenor. Cantor Fitzgerald, shareholders of CF Finance and other investors will own less than 30% of the new company. CEO Michael Sacks Latest to Explore Bid for Chicago Mayor Chicago election officials noted this will be only the third time in 80 years that an incumbent mayor is not on the Chicago ballot. World Business Chicago focuses on promoting and attracting business as well as the city's broader economic agenda. In addition to his work at Grosvenor, Sacks is active in various philanthropic and community activities. Suite 1100 Michael Sacks: Products: Hedge funds, private equity, infrastructure and real estate: AUM: $45 billion+: Number of employees ~450: Website: www.gcmgrosvenor.com: GCM Grosvenor is one of the world's largest independent alternative asset management firms, with over $45 billion in assets under management and over 450 professionals. Our Audience. 900 North Michigan Avenue Mr. Sacks joined GCM Grosvenor in 1990 and became CEO in 1994. See the full leadership team at Craft. © 2021 CNBC LLC. Michael J. Sacks is chief executive officer of Chicago-based Grosvenor Capital Management. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Is that smart? Sam Zell Equity Group Investments. GCM Grosvenor's Chairman and CEO is Michael J. Sacks. Michael Sacks' GCM Grosvenor partners with labor unions on infrastructure Is that smart? The deal values GCM Grosvenor at $2 billion. Sacks, Michael J. CHAIR|EXEC: Mr. Sacks is the firm's Chairman and Chief Executive Officer. He leads all investment and operational aspects of the firm. David S. Richter GCM Grosvenor. Michael J. Sacks is Chairman & Chief Executive Officer at Grosvenor Capital Management, L.P. View Michael J. Sacks’s professional profile on Relationship Science, the database of decision makers. Michael has 13 jobs listed on their profile. Michael J. Sacks is chairman and chief executive officer of Chicago-based Grosvenor Capital Management. Kellogg Graduate School of Management at Northwestern University in 1988. Investor activism was down overall in 2020, but big companies faced scrutiny, Third Point's main fund was up 20.6% in 2020. “Today’s announcement not only reflects GCM Grosvenor’s ongoing dedication to creating a more inclusive and equitable asset management industry, it also demonstrates the forward-thinking nature of ILPA and other Founding Signatories,” said Michael Sacks, GCM Grosvenor’s Chairman and CEO, in a statement. Get this delivered to your inbox, and more info about our products and services. The conference brings together portfolio managers, family offices, private investors and analysts from across the financial services, hedge fund, private equity, and real estate industries. Michael J. Sacks is chairman and chief executive officer of Chicago-based Grosvenor Capital Management. Got a confidential news tip? Prior to joining Grosvenor, Sacks spent two years at Harris Associates. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data is a real-time snapshot *Data is delayed at least 15 minutes. "We felt it important that our Board embrace this previously communicated recommendation at its first opportunity to do so." Grosvenor currently manages over $23 billion for a globally diverse client base. View Michael Sacks’ profile on LinkedIn, the world's largest professional community. Board Approves GCM Grosvenor $0.06 per Share Dividend Payable March 15, 2021 to Stockholders of Record on March 1, 2021 Michael Sacks' firm is investing in infrastructure projects that employ organized labor. Notably, he serves as vice chairman of the World Business Chicago board of directors alongside the mayor of Chicago. … The transaction values GCM Grosvenor at $2 billion. GCM Grosvenor, led by Chairman and CEO Michael J. Sacks (JD-MBA '88) and Vice Chairman Paul A. Meister (JD '87), has made a $500,000 unrestricted gift to the Law School. 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