January 22, 2021

VIA EDGAR

United States Securities and Exchange Commission

Division of Corporation Finance

100 F Street, NE

Washington, D.C. 20549

Attn: Jeff Kauten
Jan Woo

Re: Great Elm Group, Inc.
Registration Statement on Form S-3 (Registration No. 333-252237)

Ladies and Gentlemen:

On behalf of Great Elm Group, Inc. (the “Company”), the undersigned hereby requests, pursuant to Rule 461 of Regulation C promulgated under the Securities Act of 1933, that the effective time of the Registration Statement on Form S-3 (File No. 333-252237) (the “Registration Statement”) of the Company be accelerated to 4:00 p.m., Eastern Time, on January 26, 2021, or as soon as practicable thereafter. The Company respectfully requests that you notify Rory T. Hood of such effectiveness by a telephone call to (212) 326-3814.

Please contact Rory T. Hood at Jones Day at (212) 326-3814 if you have any questions concerning this matter. Thank you for your continued attention to this matter.

Very truly yours,
GREAT ELM GROUP, INC.
By:	/s/ Adam M. Kleinman
	Name:	Adam M. Kleinman
	Title:	President and Chief Operating Officer

cc: Rory T. Hood
Jones Day