History

1992

  • Our valuation and earnings models began to be developed.
  • The Enhanced Large Cap strategy was launched.

1995

  • The Large Cap Core strategy was launched.

1999

  • GCM was founded.

2000

  • GCM became the third manager in the California Public Employees Retirement System (CalPERS) Manager Development Program. In exchange for investing a portion of its assets with the firm, CalPERS took an ownership interest in GCM.

2002

  • The Small Cap Core strategy was launched.

2005

  • The Golden Large Cap Core Fund and Golden Small Cap Core Fund were launched.
  • A series of transactions led to a subsidiary of Wachovia Corporation taking a minority ownership interest in GCM, while the employee owners of GCM increased their ownership to a majority share.

2007

  • The SMID Cap Core strategy was launched.
  • GCM was hired as the sub-advisor to predecessors of the Wells Fargo Large Cap Core Fund which we continue to sub-advise.

2008

  • Wells Fargo & Company acquired Wachovia Corporation and its minority stake in GCM.

2010

  • We developed a proprietary methodology for categorizing stocks.

2011

  • GCM acquired the Global Strategic Products business from Wells Capital Management, a subsidiary of Wells Fargo. In exchange, GCM issued additional ownership interest to Wells Fargo, making it the majority owner of the firm. GCM employees retained a significant ownership stake.

2012

  • The International Small Cap, Global Equity Yield and Emerging Markets strategies were launched.