GCM Grosvenor Inc. (GCMG) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.038 Good day and welcome to the GCM Grosvenor third quarter 2025 00:00:05.038 -- 00:00:09.924 results webcast. Later, we will conduct a question and answer session. 00:00:09.924 -- 00:00:14.651 If you are interested in asking a question, please ensure you dial in using the numbers 00:00:14.651 -- 00:00:20.298 you have been provided for this call and press star one on your keypad to join the queue. 00:00:20.298 -- 00:00:25.685 If anyone should require operator assistance, please press star then zero 00:00:25.685 -- 00:00:29.410 on your telephone. As a reminder, this call will be recorded. 00:00:29.410 -- 00:00:34.637 I would now like to hand the call over to Stacey Selinger, Head of Investor Relations. 00:00:34.637 -- 00:00:35.237 You may begin. 00:00:35.237 -- 00:00:37.237 Thank 00:00:38.742 -- 00:00:44.369 you. Good morning and welcome to GCM Grosvenor's third quarter 2025 earnings 00:00:44.369 -- 00:00:49.075 call. Today I am joined by GCM Grosvenor's Chairman and Chief Executive Officer Michael 00:00:49.075 -- 00:00:54.115 Sachs, President John Levin, and Chief Financial Officer Pam Bentley. 00:00:54.115 -- 00:00:58.321 Before we discuss this quarter's results, a reminder that all statements made on this 00:00:58.321 -- 00:01:02.788 call that do not relate to matters of historical fact should be considered forward-looking 00:01:02.788 -- 00:01:07.595 statements. This includes statements regarding our current expectations for the business, 00:01:07.595 -- 00:01:10.560 our financial performance and projections. 00:01:10.560 -- 00:01:13.664 These statements are neither promises nor guarantees. 00:01:13.664 -- 00:01:18.792 They involve known and unknown risks, uncertainties and other important factors that 00:01:18.792 -- 00:01:24.084 m...