10:25 AM EDT, 03/18/2025 (MT Newswires) -- GCM Grosvenor ( GCMG ) started a joint venture with Grove Lane Partners to create a individual investor distribution platform focusing on registered investment advisors, independent broker-dealers and family offices.

The venture will be led by Ryan Chapman, who previously worked at Blackstone (BX) and developed distribution strategies for private market services, GCM Grosvenor ( GCMG ) said Tuesday in a statement.

GCM Grosvenor ( GCMG ) holds a minority stake in the venture with the option to acquire full ownership in the future.

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