GCM Grosvenor Inc. (GCMG) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.856 Good day and welcome to the GCM Grosvenor first quarter 2025 results 00:00:05.856 -- 00:00:10.501 webcast. Later, we will conduct a question and answer session. 00:00:10.501 -- 00:00:15.585 If you're interested in asking a question, please ensure you dial in using the numbers 00:00:15.585 -- 00:00:21.431 you have been provided for this call and press star 1 on your keypad to join the queue. 00:00:21.431 -- 00:00:26.435 If anyone should require operator assistance, please press star then the 00:00:26.435 -- 00:00:31.710 zero key on your telephone. As a reminder, this call will be recorded. 00:00:31.710 -- 00:00:37.096 I would now like to hand the call over to Stacey Selinger, Head of Investor Relations. 00:00:37.096 -- 00:00:37.737 You may begin. 00:00:37.737 -- 00:00:39.737 Thank 00:00:40.440 -- 00:00:46.207 you. Good morning and welcome to GCM Grosvenor's first quarter 2025 earnings 00:00:46.207 -- 00:00:51.392 call. Today I am joined by GCM Grosvenor's Chairman and Chief Executive Officer Michael 00:00:51.392 -- 00:00:56.518 Sachs, President John Levin, and Chief Financial Officer Pam Bentley. 00:00:56.518 -- 00:01:00.512 Before we discuss this quarter's results, A reminder that all statements made on this 00:01:00.512 -- 00:01:05.118 call that do not relate to matters of historical fact should be considered forward-looking 00:01:05.118 -- 00:01:09.824 statements. This includes statements regarding our current expectations for the business, 00:01:09.824 -- 00:01:12.928 our financial performance, and projections. 00:01:12.928 -- 00:01:16.112 These statements are neither promises nor guarantees. 00:01:16.112 -- 00:01:21.219 They involve known and unknown risks, uncertainties, and other important factors that 00:01:21.219 -- 00:01:2...