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 Managing Director in GEM’s Investment Research Group, spoke with PitchBook about the continued momentum behind independent sponsors and why deal-by-deal structures can create strong alignment between sponsors and investors.
Head of Venture Capital, Kate Simpson, joined the Swimming with Allocators podcast to discuss how GEM constructs its venture portfolio, why the market has bifurcated, and where disciplined manager selection creates the most compelling opportunities.
Our 2025 Impact Report explores a key question shaping the future of impact investing: how can investors support AI’s development and deployment in ways that maximize its benefits while mitigating its risks?
Let’s start a conversation about how we can help.
