Thursday, November 14, 2024

CION, GCM Grosvenor Launch $300M Infrastructure Fund with SEC Approval | CION Stock News

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CION Investments and GCM Grosvenor announce SEC effectiveness of the CION Grosvenor Infrastructure Fund (CGIF), an interval fund structure providing individual investors access to GCM Grosvenor’s institutional private infrastructure platform. The Fund is launching with approximately $300 million in seed capital, including a merger with a $220 million diversified portfolio across transportation, digital, energy, and supply chain sectors, plus an additional $80 million cash commitment. The fund aims to capitalize on infrastructure’s multi-decade growth cycle, offering potential benefits like capital appreciation, income, inflation protection, and low correlation to other assets.

CION Investments e GCM Grosvenor annunciano l’efficacia della SEC del CION Grosvenor Infrastructure Fund (CGIF), una struttura di fondo a intervallo che fornisce agli investitori individuali accesso alla piattaforma di infrastrutture private istituzionali di GCM Grosvenor. Il fondo sarà lanciato con circa 300 milioni di dollari di capitale iniziale, inclusa una fusione con un portfolio diversificato di 220 milioni di dollari nei settori dei trasporti, digitale, energia e catena di approvvigionamento, più un ulteriore impegno di cassa di 80 milioni di dollari. Il fondo punta a capitalizzare il ciclo di crescita pluridecennale delle infrastrutture, offrendo potenziali vantaggi come l’apprezzamento del capitale, reddito, protezione dall’inflazione e bassa correlazione con altri attivi.

CION Investments y GCM Grosvenor anuncian la efectividad de la SEC del CION Grosvenor Infrastructure Fund (CGIF), una estructura de fondo por intervalos que proporciona a los inversores individuales acceso a la plataforma institucional de infraestructuras privadas de GCM Grosvenor. El fondo se lanzará con aproximadamente 300 millones de dólares en capital semilla, incluida una fusión con un portafolio diversificado de 220 millones de dólares en los sectores de transporte, digital, energía y cadena de suministro, además de un compromiso adicional de efectivo de 80 millones de dólares. El fondo tiene como objetivo capitalizar el ciclo de crecimiento de infraestructura que abarca múltiples décadas, ofreciendo beneficios potenciales como la apreciación del capital, ingresos, protección contra la inflación y baja correlación con otros activos.

CION InvestmentsGCM Grosvenor는 CION Grosvenor Infrastructure Fund (CGIF)의 SEC 승인 소식을 전했습니다. CGIF는 개인 투자자들에게 GCM Grosvenor의 기관 투자 인프라 플랫폼에 접근할 수 있는 기회를 제공하는 인터벌 펀드 구조입니다. 이 펀드는 3억 달러의 시드 자본으로 시작되며, 여기에 2억 2천만 달러 규모의 교통, 디지털, 에너지 및 공급망 분야에서의 다각화된 포트폴리오와 추가 8천만 달러의 현금 약정이 포함되어 있습니다. 이 펀드는 인프라의 수십 년에 걸친 성장 사이클을 활용해 자본 증가, 소득, 인플레이션 방어 및 다른 자산과의 낮은 상관관계와 같은 잠재적인 혜택을 제공합니다.

CION Investments et GCM Grosvenor annoncent l’efficacité de la SEC du CION Grosvenor Infrastructure Fund (CGIF), une structure de fonds par intervalles offrant aux investisseurs particuliers un accès à la plateforme institutionnelle d’infrastructures privées de GCM Grosvenor. Le fonds sera lancé avec environ 300 millions de dollars de capital de démarrage, y compris une fusion avec un portefeuille diversifié de 220 millions de dollars dans les secteurs des transports, du numérique, de l’énergie et de la chaîne d’approvisionnement, ainsi qu’un engagement de trésorerie supplémentaire de 80 millions de dollars. Le fonds vise à tirer parti du cycle de croissance multi-décennal des infrastructures, offrant des avantages potentiels tels que l’appréciation du capital, des revenus, une protection contre l’inflation et une faible corrélation avec d’autres actifs.

CION Investments und GCM Grosvenor geben die Wirksamkeit der SEC des CION Grosvenor Infrastructure Fund (CGIF) bekannt, einer Intervallfondsstruktur, die einzelnen Investoren den Zugang zur institutionellen privaten Infrastrukturplattform von GCM Grosvenor ermöglicht. Der Fonds startet mit etwa 300 Millionen Dollar an Seed-Kapital, einschließlich einer Fusion mit einem diversifizierten Portfolio von 220 Millionen Dollar in den Bereichen Transport, Digitales, Energie und Lieferkette sowie einem zusätzlichen Bargeldengagement von 80 Millionen Dollar. Der Fonds zielt darauf ab, von dem mehrjährigen Wachstum zyklus der Infrastruktur zu profitieren und bietet potenzielle Vorteile wie Kapitalwertsteigerung, Einkommen, Inflationsschutz und eine niedrige Korrelation mit anderen Vermögenswerten.

Positive


  • Secured $300 million in seed capital for fund launch

  • Merging with existing $220 million diversified portfolio

  • Additional $80 million cash commitment secured

  • Access to institutional-grade infrastructure investments for individual investors

Insights


The launch of CGIF represents a significant development in democratizing infrastructure investment access. The $300M seed capital, including $220M in committed assets and $80M in cash commitments, provides a strong foundation. The Fund’s interval structure offers retail investors unprecedented access to institutional-grade infrastructure investments through GCM Grosvenor’s established platform.

The portfolio’s diversification across traditional sectors (transportation, digital, energy) and emerging areas (supply chain, logistics) reduces concentration risk. The timing is strategic, aligning with global infrastructure demands driven by climate initiatives and technological advancement. The fund’s potential for steady cash flows, inflation protection and low correlation with traditional assets makes it an attractive portfolio diversification tool.

This partnership between CION and GCM Grosvenor marks a strategic move in the democratization of alternative investments. Infrastructure investment demand is projected to reach $94 trillion globally by 2040, creating a substantial opportunity set. The fund’s structure addresses key market gaps by providing retail investors access to institutional-quality infrastructure investments with improved liquidity compared to traditional private market vehicles.

The seasoned seed portfolio and additional capital commitment demonstrate strong institutional backing, which could attract other investors. The focus on both traditional and emerging infrastructure sectors positions the fund to capitalize on multiple secular growth trends, particularly in energy transition and digital infrastructure.












NEW YORK–(BUSINESS WIRE)–
CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQ: GCMG), a global alternative asset management firm, are pleased to announce the CION Grosvenor Infrastructure Fund (“CGIF” or “the Fund”) has been declared effective by the SEC. CGIF has an innovative interval fund structure that allows individual investors, through their financial advisors, access to GCM Grosvenor’s institutional private infrastructure platform.

The Fund expects to launch with approximately $300 million of seed capital sourced from a major institutional investor. Before commencing distribution, the Fund anticipates merging with a seasoned portfolio of $220 million in committed net assets that is broadly diversified and includes the traditional infrastructure sectors of transportation, digital, energy and energy transition, as well as new infrastructure sectors including supply chain and logistics and infrastructure adjacencies. This seed portfolio is expected to be accompanied by an additional cash commitment of approximately $80 million.

CION and GCM Grosvenor believe infrastructure is a compelling investment opportunity at the beginning of a multi-decade growth cycle. Tremendous amounts of public and private investment capital are necessary for infrastructure to successfully meet the upgrades and buildouts required to keep pace with global climate, demographic and technological change. This persistent, high demand for investment capital creates an attractive long-term environment for investment opportunities in infrastructure.

For investors, infrastructure can provide capital appreciation and income and has distinct characteristics that can help them construct portfolios with potential to meet long term goals.

These features can include transparent cash flows, high barriers to entry, inflation protection potential, low correlations to other private and public assets, and lower potential volatility.

Michael A. Reisner and Mark Gatto, co-CEOs of CION, said: “Private assets have always been our focus, and we believe that within private markets, infrastructure is in a particularly strong position for growth. Infrastructure as an asset class is only a couple decades old, and GCM Grosvenor was one of the first institutional managers to see the potential in the opportunity. The firm has built a strong track record, a differentiated and flexible sourcing network, and has an approach to investment selection that focuses on increasing alpha.”

Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor, said, “We believe that the infrastructure space presents a compelling investment opportunity and that GCM Grosvenor’s platform is uniquely positioned to deliver solutions for investors. Our approach to infrastructure has consistently been about building a well-diversified portfolio, across multiple factors including geography, asset concentration, and sector exposure. We focus on utilizing our powerful sourcing network to see, evaluate and onboard infrastructure assets from multiple different fronts.”

ABOUT CION INVESTMENTS

CION Investments is a leading open-source provider of alternative investments designed to redefine the way individual investors can build their portfolios and meet their long-term investment goals. CION Investments currently sponsors, among other products, CION Investment Corporation (NYSE: CION), a leading publicly listed business development company that currently manages approximately $2 billion in assets, and also sponsors CION Ares Diversified Credit Fund, a globally diversified interval fund that currently manages approximately $6 billion in assets.

For more information, please visit www.cioninvestments.com.

ABOUT GCM GROSVENOR

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, please visit: gcmgrosvenor.com.

For more information, please contact:

Susan Armstrong

Head of Marketing

E: sarmstrong@cioninvestments.com

StreetCred PR

E: cion@streetcredpr.com

Source: CION Investments








FAQ



What is the total seed capital for CION Grosvenor Infrastructure Fund (CGIF)?


The CION Grosvenor Infrastructure Fund is launching with approximately $300 million in seed capital, comprising a $220 million existing portfolio and an additional $80 million cash commitment.


What sectors does the CION Grosvenor Infrastructure Fund (CGIF) invest in?


The fund invests in traditional infrastructure sectors including transportation, digital, energy and energy transition, as well as new infrastructure sectors such as supply chain, logistics, and infrastructure adjacencies.


What investment benefits does the CION Grosvenor Infrastructure Fund (CGIF) offer?


The fund offers potential benefits including capital appreciation, income generation, transparent cash flows, inflation protection, low correlations to other assets, and lower potential volatility.





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