Exhibit 10.38

IN WITNESS WHEREOF, Landlord and Tenant have executed this Amendment as of the year and date above first written.

LANDLORD:
900 NORTH MICHIGAN. LLC,
a Delaware limited liability company
By:	/s/ Patrick Meara
Print Name:	Patrick Meara
Title:	Vice President
TENANT:
GROSVENOR CAPITAL  MANAGEMENT, L.P., an Illinois limited partnership
By:	/s/ Paul Meister
Print Name:	Paul Meister
Title:	V.P. of Grosvenor Holdings, L.L.C.
	Manager of GCM, L.L.C.
	G.P. of Grosvenor Capital Management, L.P.