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Stock impact report

CION Investments and GCM Grosvenor Form Strategic Partnership Focused on Developing Private Market Investment Solutions [Yahoo! Finance]

GCM Grosvenor Inc. - Class A (GCMG) 
Company Research Source: Yahoo! Finance
CION Investments and GCM Grosvenor's joint venture will leverage CION's extensive market insights, distribution prowess and product management capabilities in combination with GCM Grosvenor's deep infrastructure and private markets expertise. With an initial focus on infrastructure, CGM aims to develop scalable investment solutions to provide individual investors with enhanced access to private market assets through innovative structures. Michael A. Reisner and Mark Gatto, co-CEOs of CION, said: "We're thrilled to partner with GCM Grosvenor as we continue to build out a comprehensive private market solutions platform that can help financial advisors assist individual investors in building diversified portfolios and meeting their long-term goals. Private markets alternatives can provide diversification, help optimize portfolio risk and return, and may prove resilient during economic downturns. We believe GCM Grosvenor has the scale, operational experience, relationships and portfoli Show less Read more
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