September 27, 2024
We are excited to introduce The Long View: a new series from GEM’s Co-CIO, Matt Bank, exploring a range of topics relevant to the fiduciaries and allocators of institutional capital.
The “Endowment Model,” we’re told, is under pressure. For our country’s endowed civic institutions, it’s allegedly too complex, illiquid, and costly. However, in our experience, reports of the “death” of the Endowment Model have always been greatly exaggerated. When properly understood, assessed, and executed, endowment-style investing looks a lot like any other form of active management, with the same attendant virtues and tradeoffs.
In the first of his three-part series on the Endowment Model, Bank dissects:
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?
As dealmakers leave established firms to launch their own, many are turning to deal-by-deal and hybrid structures first. Caroline Dallas, a Managing Director in GEM's Investment Research Group, spoke with Buyouts about why GEM sees this as a natural market evolution.
Let’s start a conversation about how we can help.
