Great Elm Group Raises $250 Million and Reports Growth in Assets Under Management

Reuters
2025.11.12 21:19
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Great Elm Group Inc. raised nearly $250 million in capital and reported a 10% year-over-year growth in fee-paying assets under management (AUM) for Q1 fiscal 2026. Total AUM increased by 7%. The company sold a real estate property for $7.4 million and formed a strategic partnership with Kennedy Lewis Investment Management, which included significant stock purchases and a private placement. Their private credit strategy yielded a net return of approximately 15.2% year-to-date through September 30, 2025.