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CION Grosvenor Infrastructure Fund Launches With $240M Invested in Infrastructure Assets

By Mari Nicholson

CION Grosvenor Infrastructure Fund Launches With 240M Invested in Infrastructure Assets

CION Investments and GCM Grosvenor announced the launch of CION Grosvenor Infrastructure Fund. First reported on by The DI Wire in November 2024, the fund will consist of a $240 million portfolio invested across 43 infrastructure assets, and $82 million in additional committed capital.

The launch was also supported by an institutional investor. Further details were not provided.

CGIF is an evergreen interval fund distributed through financial advisers, and giving individual investors’ access to GCM Grosvenor’s institutional private infrastructure platform. The fund is priced daily and offers liquidity for up to 5% of the fund’s net asset value once per quarter.

CGIF’s current portfolio is composed entirely of investments directly into private assets, across traditional infrastructure sectors, including transportation, digital, energy and energy transition, and infrastructure sectors such as supply chain and infrastructure adjacencies.

CGIF combines CION’s product management and distribution capabilities with the depth and breadth of GCM Grosvenor’s infrastructure platform, providing individual investors with access to a diversified pool of private infrastructure assets.

For investors, the companies said infrastructure can provide capital appreciation and income and has distinct characteristics – such as transparent cash flows, high barriers to entry, inflation protection potential, low correlations to other private and public assets, and potential lower volatility – that can help them construct portfolios with potential to meet long-term goals.

“Our firm’s mission has been to provide individual investors, through their financial advisers, with access to the private markets. We believe that the right manager and the right structure are critical for success in the space,” said Michael A. Reisner and Mark Gatto, co-chief executive officers of CION. “GCM Grosvenor is a proven manager, infrastructure is an attractive asset class, and CGIF’s interval fund structure matches the needs of individual investors. The Fund allows investors to seek to take advantage of the illiquidity premium in a structure that offers ease of execution and low minimums.”

GCM Grosvenor has a 20-year track record in infrastructure investing and $14.8 billion in infrastructure assets under management. GCM Grosvenor said its “robust sourcing network and unique deal flow allow for flexible entry points into assets creating a competitive advantage.”

“GCM Grosvenor’s approach to infrastructure combines building a well-diversified portfolio, with a focus on flexibility and alpha generation. Our powerful sourcing network provides us a broad range of investment opportunities and different entry points into such opportunities, allowing us to be selective and only execute on the investments we believe provide the best risk/reward profile for investors,” said Michael Sacks, chairman and CEO of GCM Grosvenor.

CION Investments is an 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 CION Investment Corporation (NYSE: CION), a publicly listed business development company that manages approximately $2 billion in assets, and an interval fund – CION Ares Diversified Credit Fund, which manages approximately $6.5 billion in assets.

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. GCM has a team of approximately 550 professionals serving a global client base of institutional and individual investors and is headquartered in Chicago.

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