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0 0 0 0 0.00262237762237772 -0.00043706293706285 1.55275947500022E-16 0.000874125874126011
Stock impact report

CION Investments and GCM Grosvenor Announce Launch of the CION Grosvenor Infrastructure Fund with $240 Million Invested in Infrastructure Assets

CION Investment Corporation (CION) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQ: GCMG), a global alternative asset management solutions provider, are pleased to announce the launch of CION Grosvenor Infrastructure Fund, (“CGIF” or “the Fund”). At launch, the fund will consist of a $240 million portfolio invested across 43 infrastructure assets, and $82 million in additional committed capital. The Fund launch was supported by a major institutional investor.CGIF is an evergreen interval fund that allows individual investors, through their financial advisors, access to GCM Grosvenor’s institutional private infrastructure platform. The Fund is priced daily and offers liquidity for up to 5% of the Fund’s NAV once per quarter.CGIF’s current portfolio is composed entirely of investments directly into private assets, across traditional infrastructure sectors, including transportation, digital, energy and energy transition and new infrast Show less Read more
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