April 27, 2023
Key Takeaways from 2022
1. Impact Without Concession: At Global Endowment Management (GEM), our impact investment managers continue to build our conviction that we can deliver positive outcomes without sacrificing returns.
2. Impact, Not ESG: We at GEM believe that ESG investing and impact investing are fundamentally different. While both are important, growing concerns and controversy about the rigor of ESG investing underscores our commitment to impact investing to drive outcomes for people and the planet.
3. Advancing the Field: After identifying gaps in the market for commodities and public real estate strategies that meet our rigorous impact and return expectations, our team innovated.
Kelly Barofsky, a Director in GEM’s Investment Research Group, joined Giovanni Amodeo at ION Analytics to discuss GEM’s approach to identifying opportunities in the lower mid-market, including the importance of sector specialization and manager-investor alignment.
Jay Ripley, Head of Investments, spoke with FundFire about the recent close of GEM’s inaugural independent sponsors fund and shared the importance of manager diligence in establishing long-term GP-LP relationships.
Potential policy changes have led many universities to consider shoring up cash reserves. Co-CIO Matt Bank spoke to the Wall Street Journal about the heightened uncertainty these schools are facing relative to previous economic downturns.
Let’s start a conversation about how we can help.
