Who we are

Diversity, equity, and inclusion

We believe that advancing diversity, equity, and inclusion (DEI) in our industry is essential. We acknowledge that our work has only just begun, but with each step forward we humbly learn and grow.

Collection of multicolored stones

What DEI means to us

At GEM, we work together to build a diverse and inclusive organization that reflects the range and richness of our experiences and identities. Diversity, equity, and inclusion are essential to how we accomplish that goal. Evidence shows that diversity unlocks innovation and drives market growth.1 It introduces different perspectives to a problem and inspires teams to think unconventionally about a solution. We invest in diversity because it bolsters our judgment as professionals.

We take a systematic approach to fostering DEI, with a focus on creating opportunity and driving change across the following areas: our firm, our portfolio, and our community and industry.

73%
of hires since 2018 identify as women and/or people of color*
60%
of the total GEM team identify as women and/or people of color*
40%
of our investment strategies are led by diverse teams*2

* As of September 30, 2023.

DEI at GEM

We take several steps to increase diversity at GEM, starting with building our recruitment pipeline, enhancing our equitable hiring practices, and establishing and communicating our employer brand to attract and retain diverse team members. We also strive to build a more equitable and inclusive workplace through DEI-focused educational programs, which provide the knowledge, skills, and abilities to effectively navigate and discuss sensitive issues in the workplace.
Panel comprised of diverse speakers

Recruiting at colleges and universities

In recent years, we’ve expanded recruitment across a range of colleges and universities, including the Atlanta University Center Consortium, comprised of Clark Atlanta University, Morehouse College, and Spelman College. Contact us if you’d like GEM to recruit talent from your college or university.

Our community and industry

We believe DEI is not only imperative within our firm, but within our industry as well. We act to drive meaningful change by creating paths to financial literacy for students in underrepresented communities, as well as by providing opportunities in asset management for diverse college students.
Coffee meeting

Attracting diverse talent to the financial sector

We partner with the Strengthening Racial Equity in Asset Management (STREAM) Foundation, an industry-leading nonprofit focused on bringing diversity into the financial services industry. Through our work with STREAM, we offer training, mentoring, scholarships, and internship opportunities to college students from underrepresented groups.

Recent Insights

In Defense of the Endowment Model, Effectively Executed

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.

GEM Recognized In Pensions & Investments’ Best Places To Work In Money Management

For the second consecutive year, GEM has been named a “Best Place to Work in Money Management” by Pensions & Investments. Learn more about what sets GEM apart.

Capital Allocators: Matt Bank - "GEMs" of Risk, Asset Allocation, and Manager Selection (EP.419)

Deputy CIO Matt Bank joined Ted Seides on the Capital Allocators podcast for a wide-ranging discussion that covered Matt’s path to investing, GEM’s approach to risk, asset allocation, and manager selection, and more.

Connect with us

Let’s start a conversation about how we can help.

1Harvard Business Review, “How Diversity Can Drive Innovation,” December 2013.

2Managers are considered diverse if (a) 25% or more of the firm founders/owners are non-white and/or non-male and/or (b) 25% or more of the key decision-makers for the strategy in which GEM invests are non-white and/or non-male.

3GEM’s Impact Team reviews each investment against its Impact Management Project-based framework. The GEM IMP Framework is a comprehensive model adapted from the Impact Management Project’s Impact Management “norms” and Impact Classes, and applied by GEM to assess impact by evaluating investment strategies and managers, including but not limited to the impact of portfolio companies on key stakeholders and investment managers’ contributions to impact. For more information on the Impact Management Project, please see https://impactfrontiers.org/norms/. For the avoidance of doubt, GEM reserves the right to modify the GEM IMP Framework and its application.