GCM Grosvenor invests in Ohio fiber optic company via Labor Impact fund

GCM Grosvenor is acquiring an ownership stake in Columbus, Ohio-based Horizon as part of its Labor Impact Strategy.

Last year, GCM Grosvenor announced the final close for its Labor Impact Fund with $893 million in capital, which was at the high end of its targeted range.

Horizon is a fiber optic broadband company that has been launching Fiber to the Home (FTTH initiatives and has completed an initial greenfield fiber build in Circleville, Ohio. The company . . .

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