GCM Grosvenor Allocates $50M to OlivePoint’s Real Estate Fund

OlivePoint, a private real estate lender, announced that GCM Grosvenor, an alternative asset management solutions provider, has committed $50 million to OlivePoint’s latest fund on behalf of a number of U.S. pension plans. The investment was made through GCM Grosvenor’s real estate platform, which offers catalytic seed funding to emerging real estate investors.

Founded in 2022 by Adrian Bejarano, John Bruno, and Ricardo Goldberg, Los Angeles-based OlivePoint, which manages about $400 million in assets, invests opportunistically in select U.S. markets with a flexible mandate across sectors and throughout the capital stack, aiming to “capitalize on high conviction opportunities created by the current high interest rate market environment.”

Bejarano, Bruno, and Goldberg have worked together in the institutional investment management industry for more than 12 years and have collectively invested over $4.5 billion across more than 100 real estate transactions.

“We are excited to strategically partner with the OlivePoint team to invest in opportunistic real estate assets across the U.S.,” said Peter Braffman, managing director at GCM Grosvenor.

GCM Grosvenor’s real estate platform was established over 15 years ago and manages more than $6 billion in assets in middle-market opportunities. The platform utilizes seed investments, joint ventures, and other strategic partnership tools to provide flexible investment solutions across the capital stack.

Chicago-based GCM Grosvenor has $79 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.