GCM Grosvenor

She began as a lawyer practicing corporate finance law at Clifford Chance.

It wasn't until 2005 that she crossed into the investment world, joining Credit Suisse's Customized Fund Investment Group, now part of GCM Grosvenor.

After Credit Suisse, she had a few short stints at Franklin Templeton Real Estate Advisors and Morgan Creek Capital Management before settling in at Oak Street.

Larissa has backed dozens of real estate managers through multiple market cycles, which has given her a sharp sense of what separates a good investor from a good business.

Yeah, very much by accident.

I had been a lawyer, as you mentioned, so worked with Roger Singer and a variety of funds folks at Clifford Chance, really before there was even a funds group.

And so then went in-house to Credit Suisse, served as their counsel for their real estate fund and CFIG, the Customized Fund Investment Group, which is now GCM Grosvenor.

And they were mostly private equity focused.

Welcome to the NPM podcast.

Joining me today is Michael Albrecht, Managing Director of GCM Grosvenor.

GCM is a global alternative asset management solutions provider with roughly ninety-seven billion in assets under management, including reaching final close on Infrastructure Managed Fund II last year, having raised one point three billion in commitments.

Within their real asset strategy in the US, GCM has invested in clean energy developers such as Arevia Power and Vesper Energy.

A corporate partner may wanna develop a project without committing all of the required capital from its balance sheet.

And each of these s- uh, situations require an investor to listen first and structure second.

Um, and as you noted earlier, our strategy at GCM Grosvenor is designed around that principle.

We focus on middle market, um, and inc- and invest across a range of structures, including ca- company acquisitions, joint ventures, project builds, structured capital investments, to give us that flexibility.