All Rights Reserved. Chicago, IL 60611 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. Sacks, Michael J. CHAIR|EXEC: Mr. Sacks is the firm's Chairman and Chief Executive Officer. "We felt it important that our Board embrace this previously communicated recommendation at its first opportunity to do so." "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. GCM Grosvenor’s existing senior management team, led by Chairman & CEO Michael J. Sacks, will continue to lead the business. Got a confidential news tip? He is a member of the Illinois Bar. United States. Lauren Taylor Wolfe Impactive Capital. 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. Sacks and his wife, Cari, have two sons and a daughter. 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. 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. We want to hear from you. Notably, he serves as vice chairman of the World Business Chicago board of directors alongside the mayor of Chicago. Michael J. Sacks is chairman and chief executive officer of Chicago-based Grosvenor Capital Management. Participants from... Get premium, high resolution news photos at Getty Images After the company goes public, Sacks will continue to lead GCM Grosvenor, which is owned by management and Hellman & Friedman, a private equity firm. 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. The Company provides investment management and advisory services for hedge fund investments. Sign up for free newsletters and get more CNBC delivered to your inbox. GCM Grosvenor's Chairman and CEO is Michael J. Sacks. Michael Sacks, chief executive officer of Grosvenor Capital Management LP, speaks during the Skybridge Alternatives conference in Las Vegas, Nevada, U.S., on Wednesday, May 8, 2013. The firm’s Public Markets solutions group provides hedge … Grosvenor is a leader in the alternative investment industry, specializing in … He led the growth and development of the firm from its position as an early participant in a cottage industry to its current position as a leader in the global alternative investment arena. Suite 1100 Investor activism was down overall in 2020, but big companies faced scrutiny, Third Point's main fund was up 20.6% in 2020. Grosvenor currently manages over $23 billion for a globally diverse client base. The combined firm will use the GCM Grosvenor name and be led by its senior managers, including Chairman Michael Sacks. Grosvenor is a leader in the alternative investment industry, specializing in the management of multimanager investment portfolios. View Michael Sacks’ profile on LinkedIn, the world's largest professional community. The deal values GCM Grosvenor at $2 billion. Board Approves GCM Grosvenor $0.06 per Share Dividend Payable March 15, 2021 to Stockholders of Record on March 1, 2021 World Business Chicago focuses on promoting and attracting business as well as the city's broader economic agenda. Our Audience. Michael Sacks' firm is investing in infrastructure projects that employ organized labor. 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. '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… Get this delivered to your inbox, and more info about our products and services. David S. Richter GCM Grosvenor. 900 North Michigan Avenue Cantor Fitzgerald, shareholders of CF Finance and other investors will own less than 30% of the new company. 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 © 2021 CNBC LLC. 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. Michael J. Sacks is chairman and chief executive officer of Chicago-based Grosvenor Capital Management. He leads all investment and operational aspects of the firm. The transaction values GCM Grosvenor at $2 billion. “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. View 2020 Speakers. Michael J. Sacks is chief executive officer of Chicago-based Grosvenor Capital Management. 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. A Division of NBCUniversal. Kellogg Graduate School of Management at Northwestern University in 1988. "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. In addition to his work at Grosvenor, Sacks is active in various philanthropic and community activities. Sacks joined Grosvenor in 1990, and was named managing partner in 1994. Prior to joining Grosvenor, Sacks spent two years at Harris Associates. This follows a 2016 gift in equal amount by Mr. Meister and his wife, Jill Meister (JD '90). Other executives include Paul A. Meister, Vice Chairman; Jonathan R. Levin, President and 47 others. Is that smart? Michael Sacks' GCM Grosvenor partners with labor unions on infrastructure Michael J Sacks is Chairman/CEO at Grosvenor Capital Management, L.P.. See Michael J Sacks's compensation, career history, education, & memberships. Chairman/CEO, Grosvenor Capital Management, L.P. Grosvenor Capital Management, L.P. offers financial services. 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. Mr. Sacks joined GCM Grosvenor in 1990 and became CEO in 1994. 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 … Is that smart? See the full leadership team at Craft. Jeffrey Ubben Inclusive Capital Partners. Sam Zell Equity Group Investments. … Grosvenor Capital Management serves customers worldwide. Michael has 13 jobs listed on their profile. , led by Chairman & CEO michael J. Sacks is Chairman and CEO is michael J. Sacks is the.! Chairman ; Jonathan R. Levin, President and 47 others Chairman of the firm Chairman... And CEO is michael J. Sacks is the firm 's Chairman and chief executive officer at Harris Associates your... 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