SEC FORM 3

SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

GCM Progress Subsidiary LLC

(Last)

(First)

(Middle)

C/O GCM GROSVENOR

900 NORTH MICHIGAN AVENUE, SUITE 1100

(Street)

CHICAGO

60611

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/05/2021

3. Issuer Name and Ticker or Trading Symbol
GCM Grosvenor Inc. [ GCMG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Units	⁽¹⁾	⁽¹⁾	Class A Common Stock	31,410,000	⁽¹⁾	I	See footnote⁽²⁾

1. Name and Address of Reporting Person^*

GCM Progress Subsidiary LLC

(Last)

(First)

(Middle)

C/O GCM GROSVENOR

900 NORTH MICHIGAN AVENUE, SUITE 1100

(Street)

CHICAGO

60611

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

GCM Progress LLC

(Last)

(First)

(Middle)

C/O GCM GROSVENOR

900 NORTH MICHIGAN AVENUE, SUITE 1100

(Street)

CHICAGO

60611

(City)

(State)

(Zip)

Explanation of Responses:

1. The common units of Grosvenor Capital Management Holdings, LLLP may be redeemed by the Reporting Persons at any time for shares of the Issuer's Class A Common Stock on a one-for-one basis. The common units do not expire.

2. Represents common units transferred from Grosvenor Holdings, L.L.C. ("Holdings") to and in favor of GCM Progress Subsidiary LLC, the sole member of which is GCM Progress LLC, a wholly owned subsidiary of Holdings, as part of an internal restructuring on November 5, 2021.

Remarks:

Exhibit 24.1 - Power of Attorney. Exhibit 24.2 - Power of Attorney.

	GCM Progress LLC By: Grosvenor Holdings, L.L.C., its sole member By: /s/ Adam Pollock, CFO	11/12/2021
	GCM Progress Subsidiary LLC By: GCM Progress LLC, its sole member By: Grosvenor Holdings, L.L.C., its sole member By: /s/ Adam Pollock, CFO	11/12/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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