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- GCM Grosvenor Commits $50M to OlivePoint’s New Investment Fund
GCM Grosvenor Commits $50M to OlivePoint’s New Investment Fund
Slice of Real Estate Team
July 03, 2024
Key Highlights:
GCM Grosvenor commits $50 million to OlivePoint’s latest investment fund.
Investment aimed at supporting U.S. Pension Plans through GCM Grosvenor’s Real Estate platform.
OlivePoint founded by Adrian Bejarano, John Bruno, and Ricardo Goldberg in 2022.
Partnership focuses on opportunistic real estate investments across the U.S.
OlivePoint leverages data analytics and technology for value creation.
Source (Business Wire)
Notable Quotes:
“We are excited to strategically partner with the OlivePoint team to invest in opportunistic real estate assets across the U.S. Over the course of their careers, Adrian, John, and Ricardo have demonstrated the ability to thoughtfully manage risk and protect their investors’ capital while identifying unique opportunities. As such, we believe OlivePoint can potentially create meaningful alpha for our investors in today’s challenging market environment.”
“We are pleased to welcome GCM Grosvenor as a strategic investor, and we are grateful for their support and the confidence they are placing in us to invest on behalf of their institutional clients. This investment is a powerful endorsement of our investment strategy and our proven, experienced team. We are looking forward to a long and successful partnership with the GCM Grosvenor team.”
Our Take:
The commitment of $50 million from GCM Grosvenor to OlivePoint's latest investment fund signifies a strong vote of confidence in OlivePoint’s strategic approach and experienced leadership. This partnership will not only enhance OlivePoint’s ability to capitalize on high conviction opportunities in the current high interest rate market but also underscores the growing importance of data-driven investment strategies in real estate. With OlivePoint’s focus on leveraging extensive data analytics and technology, coupled with GCM Grosvenor’s robust platform and resources, this collaboration is poised to deliver substantial value and potentially significant returns for investors. The entry of a major player like GCM Grosvenor into OlivePoint’s investor base highlights the firm’s promising potential in the competitive real estate investment landscape.