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.
Head of Venture Capital, Kate Simpson, joined David Weisburd on the How I Invest podcast to share how GEM evaluates venture managers and builds conviction through disciplined sourcing, rigorous reference work, and thoughtful fund-level underwriting in an increasingly bifurcated market.
In our 2026 Outlook, the GEM team explores the key forces driving today’s evolving market cycle, from AI-led capital spending to shifting dynamics in private markets, biotech, and real estate, and what they mean for positioning in the year ahead.
In this edition of The Long View, Co-CIO Matt Bank explains why managing risk with structure, discipline, and flexibility is essential for long-term investors, and how GEM’s approach helps portfolios endure uncertainty.
Let’s start a conversation about how we can help.
