July 20, 2022
Global Endowment Management Adds Two Partners
Matt Bank and Meredith Lorenz Heimburger promoted following years of excellent performance and dedication to the firm
July 20, 2022 – Charlotte, NC – Global Endowment Management (GEM), a $12 billion leading Outsourced Chief Investment Office (OCIO) providing institutional investment capabilities for endowments, foundations, and other select investors, today announced two colleagues, Meredith Lorenz Heimburger and Matt Bank, have been named Partners effective July 1, 2022.
Matt Bank has contributed a wealth of insights and expertise in stewarding institutional portfolios that enable clients to fulfill their missions. Since joining GEM in 2018 to work alongside Co-Founder Stephanie Lynch in investor services efforts, he has built a world-class team dedicated to guiding and serving GEM clients. He previously served as a Partner and Deputy CIO at Windhorse Capital Management for six years and spent several years at Goldman Sachs.
Meredith Lorenz Heimburger will maintain her role as Head of Impact. Over ten years at GEM, she has led the development of GEM’s impact investing thesis, model, and team from the ground up, and led the firm’s approach to integrating impact into GEM’s investment process and the firm. She is a trusted advisor to clients and is an industry-recognized expert in the space. Meredith joined GEM in 2012 after seven years at Teach For America. She is a trustee and chair of the finance committee for the Cynthia and George Mitchell Foundation, which promotes sustainable solutions to human and environmental problems, among other board roles and activities that focus on leveraging assets for positive impact.
“As individuals who have meaningfully contributed to GEM’s stellar client and investment services and furthered our work to shape the future of impact investing, we are thrilled to welcome Meredith and Matt to the partnership,” said Stephanie Lynch, Co-Founder and Partner. “Organizations are increasingly recognizing the importance of sound investment management as a necessity to carry out their missions across market cycles and with purpose. I am incredibly proud that GEM continues to invest in its future to ensure we remain ahead of and aligned with the needs of our client partners.”
“We have spent the last fifteen years building a strong firm with a culture of stewardship that we’re very proud of,” said Porter Durham, Managing Partner. “As we look toward the next fifteen years and beyond, Meredith and Matt bring experience and insights that are integral to continuing to honor GEM’s founding principles, exceed our standards of excellence, and guide our clients with discipline, sound judgment and humility.”
To learn more about GEM’s views on institutional investment management and the OCIO industry’s evolution, read its recently published article, “The OCIO Revolution A 15-Year Retrospective.”
About Global Endowment Management
Global Endowment Management (GEM) is a leading Outsourced Chief Investment Office (OCIO) providing institutional investment capabilities for endowments, foundations, and other select investors. For over fifteen years GEM has stewarded the financial assets of our clients to enable them to fulfill their missions. GEM’s history is deeply rooted in endowment-style investing, with today’s approach modernized to offer custom solutions tailored to each client’s unique investment needs. For more information visit https://www.globalendowment.com.
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GEM announced the addition of two new investment professionals to its impact investment team: Angelica Nikolausson joined as Managing Director, and Ann Eubank as Senior Associate.
As Matt Bank discussed with Institutional Investor, institutions should avoid the comparison game as endowment return season gets underway and focus instead on simply running their own race.
Let’s start a conversation about how we can help.
