GCM Grosvenor, a private equity firm, completed an $146m investment in Matter Real Estate-backed PlaceFirst, a developer, owner, and operator of high-quality single-family rental housing in the UK. "Partnering with Matter gives us the ability to deploy capital into what we believe to be attractive investment opportunities across Europe, in sectors supported by strong social and demographic fundamentals. We believe in Matter’s unique approach to investing in and growing real estate platforms and aggregating portfolios with strong cashflow,” Peter Braffman, GCM Grosvenor Managing Director.