# GC Advisors LLC

> GC Advisors LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2009, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 28, 2026.

- CRD: 148687
- Filed as: GC ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/148687
- AdvisorCensus page: https://advisorcensus.com/firm/gc-advisors-llc-chicago-il-148687

## Quick answers

**How is GC Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), GC Advisors LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is GC Advisors LLC located?**
GC Advisors LLC's principal office is in Chicago, IL, according to its Form ADV; the September 2026 filing also lists 8 other offices (Schedule D, Section 1.F).

**Is GC Advisors LLC registered with the SEC or a state?**
GC Advisors LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 148687.

**How much does GC Advisors LLC manage?**
GC Advisors LLC reports $177,850,378,131 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (36% discretionary).

**How have GC Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for GC Advisors LLC: Regulatory assets under management: $70,127,641,043 in the October 2021 data and $177,850,378,131 in the October 2026 data, up 154%. Total employees: 494 in October 2021 and 1,035 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does GC Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (99); business development companies (19); insurance companies (18).

**Which custodians does GC Advisors LLC use?**
GC Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Brown Brothers Harriman & Co., Computershare Corporate Trust, Northern Trust Company and The Bank of New York Mellon Trust Company, National Association as custodians holding 10% or more of its separately managed account assets.

**Does GC Advisors LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/148687

**What changed in GC Advisors LLC's recent Form ADV filings?**
In the July 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- Brown Brothers Harriman & Co.
- Computershare Corporate Trust
- Northern Trust Company
- The Bank of New York Mellon Trust Company, National Association

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $177,850,378,131
- Discretionary: $64,405,801,349
- Non-discretionary: $113,444,576,782

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 19 | $27,500,687,174 |
| Pooled investment vehicles (other than investment companies and business development companies) | 99 | $143,066,825,112 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 6 | $1,714,177,434 |
| Other investment advisers | 2 | $1,000,000,000 |
| Insurance companies | 18 | $4,568,688,411 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2009 (17 years)
- Employees: 1,035 total, 274 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, CT, FL, IL, NC, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Chicago, IL
- Dallas, TX
- Greenwich, CT
- Huntersville, NC
- London
- Miami, FL
- New York, NY
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- education.golubcapital.com
- gcredbdc.com
- glassdoor.com/OVERVIEW/WORKING-AT-GOLUB-CAPITAL-EI_IE42611.11,24.HTM
- golubcapital.com
- golubcapitalbdc.com
- golubgrowth.com
- gpifbdc.com
- indeed.com/CMP/GOLUB-CAPITAL/ABOUT
- jopwell.com/PARTNERS/118872
- vimeo.com/GOLUBCAPITAL
- LinkedIn @GOLUB-CAPITAL
- LinkedIn @GOLUB-GROWTH

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $70,127,641,043 | 494 | August 27, 2021 |
| October 2022 | $95,286,180,297 | 568 | May 26, 2022 |
| October 2023 | $116,920,380,432 | 727 | July 7, 2023 |
| October 2024 | $132,768,576,078 | 836 | March 30, 2024 |
| October 2025 | $154,958,225,002 | 938 | March 31, 2025 |
| October 2026 | $177,850,378,131 | 1,035 | August 28, 2026 |

Regulatory assets under management: $70,127,641,043 in the October 2021 data and $177,850,378,131 in the October 2026 data, up 154%.
Total employees: 494 in October 2021 and 1,035 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Updated its list of owners and control persons (Schedule A).

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 255 to 274.
- Regulatory assets under management went from $154,958,225,002 to $177,850,378,131 (+15%).
- Changed its office addresses in London.
- Added an office in Dallas, TX.
- Registered or notice-filed in CT, FL, TX.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. GC Advisors LLC (CRD 148687): Form ADV filing data as of October 2026.