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.
GEM announced the promotion of six senior investors to Managing Director. The promotions reflect the depth and continuity of GEM's investment leadership across buyouts, venture capital, marketable investments, client strategy, and investment sourcing, and reinforce the firm's long-term commitment to leadership development and the pursuit of investment excellence.
As the pipeline of emerging managers continues to grow, Caroline Dallas, a Director in GEM’s Investment Research Group explained to the Wall Street Journal Pro Private Equity why growing investor interest in this cohort could create meaningful tailwinds for the next generation of women-led firms.
Head of Venture Capital, Kate Simpson, joined David Weisburd on the How I Invest podcast to share how GEM evaluates venture managers and builds conviction through disciplined sourcing, rigorous reference work, and thoughtful fund-level underwriting in an increasingly bifurcated market.
Let’s start a conversation about how we can help.
