Press Release

Golden Flag Advises GCM Grosvenor on Strategic Partnership with Excolere Equity Partners

Golden Flag International Law Firm advised GCM Grosvenor, a global alternative asset management solutions provider, in connection with a strategic partnership between Excolere Equity Partners, a buyout investor in the education and human capital management sectors, and GCM Grosvenor’s Elevate strategy. GCM Grosvenor launched the Elevate strategy in January 2023 to make catalytic investments in emerging private equity firms, focused on lower and middle-market buyout strategies across industries.

A strategic partnership with Excolere complements GCM Grosvenor’s 25-year history of partnering with emerging and diverse firm founders. As of June 30, 2023, GCM Grosvenor had more than $18 billion of assets under management (AUM) invested with small and emerging managers and over $15 billion of AUM with diverse managers.

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The Golden Flag team was led by investment funds partners Peter Vaglio and John Berger and associate Andrew Medeiros, with support from tax partner Lee Morlock and associate Allison Bray.