GCM Progress Subsidiary LLC - 05 Nov 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
Issuer symbol: GCMG
Transactions as of: 05 Nov 2021
Net transactions value: $0
Form type: 3
Filing time: 12 Nov 2021, 15:00:27 UTC
SEC: View on sec.gov

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							05 Nov 2021	Class A Common Stock	31,410,000		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.