/
|
OlivePoint, a private real estate investor, today announced that GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider with $79 billion of assets under management, has committed, on behalf of various U.S. Pension Plans, $50 million to OlivePoint’s latest investment fund. The investment is being made through GCM Grosvenor’s Real Estate platform, which provides catalytic seed capital to emerging real estate investors to help launch and scale their investment businesses. OlivePoint was founded in 2022 by Adrian Bejarano, John Bruno, and Ricardo Goldberg. The trio have worked together in the institutional investment management industry for over a dozen years and have collectively invested over $4.5 billion of equity across more than 100 real estate transactions.