February 03, 2026
Kate Simpson, GEM’s Head of Venture Capital, joined David Weisburd on the How I Invest podcast to discuss how GEM evaluates venture managers and builds conviction in an increasingly crowded and bifurcated market. She shares our team’s perspective on the importance of disciplined sourcing, rigorous reference work, and thoughtful fund-level underwriting to assess strategy, access, and return potential.
Watch the full episode below.
The firm announced the final close of its second Independent Sponsors Fund at its hard cap. New capital for the strategy totals $685 million, extending a program that has invested alongside independent sponsors for more than a decade.
We believe the lower middle market remains one of private equity’s most durable and least crowded sources of outperformance. In our latest research report, we examine the data behind our thesis and explain why we think disciplined manager selection creates a distinct edge.
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