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                               June 28, 2022

       Pamela Bentley
       Chief Financial Officer
       GCM Grosvenor Inc.
       900 North Michigan Avenue, Suite 1100
       Chicago, IL 60611

                                                        Re: GCM Grosvenor Inc.
                                                            Form 10-K for
Fiscal Year Ended December 31, 2021
                                                            Filed February 25,
2022
                                                            File No. 001-39716

       Dear Ms. Bentley:

              We have limited our review of your filing to the financial
statements and related
       disclosures and have the following comments. In some of our comments, we
may ask you to
       provide us with information so we may better understand your disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to these comments, we may have additional comments.

       Form 10-K for Fiscal Year Ended December 31, 2021

       Results of Operations, page 82

   1.                                                   We note the materiality
and variability of net income (loss) attributable to each interest in
                                                        the periods presented.
Please tell us and revise future filings to provide a discussion of net
                                                        income (loss)
attributable to:

                                                              redeemable
noncontrolling interests,
                                                              noncontrolling
interests in subsidiaries,
                                                              noncontrolling
interests in GCMH, and
                                                              GCM Grosvenor
Inc.

                                                        This discussion should
provide investors with a better understanding of the underlying
                                                        reasons for changes in
these line items from period to period and the material drivers of
                                                        the net income loss
attributable to each interest. Refer to Item 303 of Regulation S-K for
                                                        guidance.
 Pamela Bentley
GCM Grosvenor Inc.
June 28, 2022
Page 2
Non-GAAP Financial Measures, page 85

2.       Please tell us and revise future filings to further explain why
management believes the
         presentation of each individual non-GAAP financial measure provides
useful information
         to investors. For example, for adjusted income measures, more clearly
explain why the
         material adjustments result in a measure that provides additional
insight into your
         profitability and why the adjustments are not indicative of your core
performance. Refer
         to Item 10(e)(1)(i)(c) of Regulation S-K.
3.       Please tell us and revise future filings to clarify why you believe
adding back net income
         (loss) attributable to noncontrolling interests in GCMH for certain
adjusted income
         measures provides useful information to investors. Additionally,
clarify why you do not
         add back income attributable to other noncontrolling interests.
Notes to Consolidated Financial Statements , page 110

4.       We note your disclosure on pages 61 and 65 related to potential
restrictions on
         distributions from GCMH. Please revise future filings to disclose the
amount of retained
         earnings or net income that is restricted or free from restrictions
for payment of dividends
         and distributions by GCMH. Refer to Rule 4-08(e)(3) of Regulation S-X
for guidance.
Note 21. Earnings (Loss) Per Share, page 142

5.       Please tell us in detail and revise future filings to explain what the
adjustment in the
         numerator for exchange of partnership units represents and how you
calculate it. Also,
         explain to us why the adjustment does not equal the net income (loss)
attributable to
         noncontrolling interests in GCMH.
       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

      You may contact Michael Volley, Staff Accountant at 202-551-3437 or Amit
Pande,
Accounting Branch Chief at 202-551-3423 with any questions.



FirstName LastNamePamela Bentley                               Sincerely,
Comapany NameGCM Grosvenor Inc.
                                                               Division of
Corporation Finance
June 28, 2022 Page 2                                           Office of
Finance
FirstName LastName