January 12, 2023
Key Takeaways
1. Small buyout investments are an important component to endowment-style investing and have generated excess returns for investors over the past twenty years.
2. We believe small buyout markets are less dependent on macroeconomic forces like interest rates or the direction of public equity markets making them a diversifying source of absolute returns.
3. Investing in small buyouts takes a unique skillset and a team with deep networks and insight in the space – not only to identify opportunities, but also to offer support to managers as a business and strategic partner.
In this Q&A with Buyouts, Caroline Dallas discusses the outlook for emerging manager fundraising in 2025. She explains why this cohort represents such a compelling investment opportunity and how GEM seeks to identify the next generation of investment talent.
In our 2025 Outlook, the GEM team examines the key policy shifts and market trends set to shape the economic landscape in the new year, and outlines how we are strategically positioning client portfolios as a result.
Deputy CIO Matt Bank concludes his three-part series on the Endowment Model with an exploration of the attributes that will be required to effectively invest an endowment-style portfolio over the next decade.
Let’s start a conversation about how we can help.
