American South Capital Partners Secures $60 Million in Initial Funding for Third Affordable Housing Fund

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Nov 12 2025

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GCMG-0.1%

Should l Buy GCMG?

Source: Newsfilter

Investment Overview: American South Capital Partners (ASCP) has launched its American South Real Estate Fund III (ASREF III), achieving $60 million in initial capital commitments towards a $500 million target, building on the success of its previous fund, ASREF II.
Focus on Affordable Housing: ASCP's investment strategy emphasizes the development and preservation of affordable and workforce housing across 10 Southern states, with a commitment of $199 million to 29 projects, resulting in 7,632 housing units, 81% of which are affordable for families earning less than 80% of the area median income.
Investor Confidence: The first closing of ASREF III includes commitments from previous investors, highlighting the fund's strong performance and credibility, particularly with GCM Grosvenor, which is investing on behalf of large public pension plans.
Addressing Housing Crisis: ASCP's leadership emphasizes the urgent need for affordable housing in the U.S., citing a seven-million-unit shortage and positioning institutional capital as crucial for addressing this issue while also providing expected risk-adjusted returns for investors.

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Analyst Views on GCMG

Wall Street analysts forecast GCMG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GCMG is 13.50 USD with a low forecast of 12.50 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Analyst Rating

2 Buy

1 Hold

0 Sell

Moderate Buy

Current: 9.900

Low

12.50

Averages

13.50

High

14.50

Current: 9.900

Low

12.50

Averages

13.50

High

14.50

Oppenheimer

Chris Kotowski

Outperform

maintain

$20 -> $23

2026-01-20

Reason

Oppenheimer

Chris Kotowski

Price Target

$20 -> $23

AI Analysis

2026-01-20

maintain

Outperform

Reason

Oppenheimer analyst Chris Kotowski raised the firm's price target on GCM Grosvenor to $23 from $20 and keeps an Outperform rating on the shares. The firm adjusted targets in the alternative asset manager group as part of a Q4 preview.

TD Cowen

Hold

maintain

$13

2025-10-16

Reason

TD Cowen

Price Target

$13

2025-10-16

maintain

Hold

Reason

TD Cowen raised the firm's price target on GCM Grosvenor to $13 from $12.50 and keeps a Hold rating on the shares. The firm attended its investor day that highlighted accelerating growth and expanded 2028E KPIs to include $1.20+ ANI target and several longer term guideposts. Cowen generally views the update favorably, though the expanded 2028E ANI guide is in line with their recent forecast.

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About GCMG

GCM Grosvenor Inc. is a global alternative asset management solutions provider with assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The Company invests on a primary basis and through direct-oriented strategies, which it defines as secondaries, co-investments, direct investments and seed investments. It operates customized separate accounts and commingled funds. The Company collaborates with its clients to invest on their behalf across the private and public markets, either through portfolios customized to meet a client’s specific objectives or through specialized commingled funds that are developed to meet broad market demands for strategies and risk-return objectives. Its clients include large global institutional investors who rely on its investment expertise and differentiated investment access to navigate the alternatives market, but also include a growing individual investor client base.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

GCM Grosvenor Recognized as Best Place to Work for Fifth Time

Dec 08 2025Newsfilter

Employee Satisfaction Boost: GCM Grosvenor has been recognized as a Best Place to Work for the fifth consecutive year, ranking #1 in the Major Employers category (500-999 U.S. Employees), showcasing the firm's exceptional performance in employee engagement and workplace environment.
Cultural Commitment: President Jon Levin emphasized that this recognition reflects the team's dedication and shared commitment to excellence, indicating GCM Grosvenor's efforts in fostering a culture of teamwork, partnership, and integrity.
Enhanced Industry Recognition: The award is based on employer and employee surveys assessing workplace policies, practices, and engagement, with participating firms providing insights into their culture, benefits, and professional development programs, further elevating GCM Grosvenor's reputation in the industry.
Global Influence Expansion: Managing approximately $87 billion in assets with around 560 professionals, GCM Grosvenor is dedicated to providing alternative asset management solutions for a global client base, and this honor will further attract top talent and enhance client trust.