GCM Progress Subsidiary LLC - Nov 5, 2021 Form 3 Insider Report for GCM Grosvenor Inc. (GCMG)

Role: 10%+ Owner
Signature: GCM Progress LLC By: Grosvenor Holdings, L.L.C., its sole member By: /s/ Adam Pollock, CFO
Stock symbol: GCMG
Transactions as of: Nov 5, 2021
Transactions value $: $0
Form type: 3
Date filed: 11/12/2021, 03:00 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	GCMG	Common Units							Nov 5, 2021	Class A Common Stock	31.4M		See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.