GCM Grosvenor Hauls in $1.3B for Infrastructure Fund 

GCM Grosvenor held the final close of its Infrastructure Advantage Fund II, securing $1.3 billion in commitments by the end of March, a 50% increase over its 2020 predecessor. The fund targets a diversified portfolio in transportation, energy transition, and digital infrastructure, attracting 58 investors from the U.S. and Canada. 

Michael Sacks, chairman and CEO of the $80 billion firm, expressed gratitude for investor confidence and aims to replicate Fund I’s success. The fund follows GCM Grosvenor’s partnership with CION Investments to launch the CION Grosvenor Infrastructure Fund (CGIF), a $240 million portfolio across 43 assets, targeting private wealth clients with $82 million in additional commitments. 

Since its 2018 launch, the Infrastructure Advantage Strategy, managing nearly $2.5 billion, emphasizes labor partnerships and community-focused infrastructure investments, generating over $8 billion in economic impact across the U.S. and Canada.