June 01, 2020
Executive Summary
- Effective impact investing requires rigorous impact measurement.
- Many frameworks for measurement exist, but the Impact Management Project (IMP) created a comprehensive and intuitive model that can be applied to institutional portfolios invested across asset classes and impact objectives.
- This paper describes GEM’s process and presents case studies that seek to demonstrate the framework’s potential to catalyze a paradigm shift in the way endowments, foundations, family offices, and other institutional investors integrate impact and investment objectives.
Head of Investments Jay Ripley joined Ted Seides on the Capital Allocators podcast to discuss his path from private equity to GEM, the firm’s approach to backing emerging managers and independent sponsors, and the importance of strong manager selection amid growing dispersion.
Strong returns from leading university endowments have reignited discussion about how institutions can sustain performance in a shifting market environment. In commentary for The Wall Street Journal, GEM’s Co-CIO, Matt Bank, reflects on how endowment leaders are preparing for more uncertain conditions ahead.
In a recent Q&A with Buyouts’ Chris Witowsky, GEM’s Caroline Dallas, a Director in our Investment Research Group, shared her perspective on how recent private equity market shifts are influencing talent dynamics, emerging manager activity, and LP appetite across the lower mid-market.
Let’s start a conversation about how we can help.