December 12, 2024
The Long View—a series from GEM’s Co-CIO, Matt Bank— explores a range of topics relevant to the fiduciaries and allocators of institutional capital.
In Part I of his three-part series on the Endowment Model, Co-CIO Matt Bank discussed the problems with characterizing the model in static, monolithic terms, arguing for a more flexible and nuanced definition.
In Part II, he described some of the flaws in conventional ways that endowment portfolios are measured and evaluated, proposing instead a distinct set of guidelines for determining success.
In this final Part III, Bank examines what it will likely take to be successful investing endowment-style portfolios over the next decade. Even as markets become more competitive every day, he explains why he believes that a combination of institutionally driven portfolio construction, manager sourcing intensity, process efficiency, and organizational alignment is a clear path to differentiated success.
As university endowments brace for tighter liquidity constraints amid federal funding cuts, Co-CIO Matt Bank spoke with FundFire about how these changes will impact portfolio construction and spending strategies going forward.
Caroline Dallas was featured in McGuireWoods’ latest “Women in PE and Finance to Know.” She shares what drew her to institutional investing, her observations on the challenges facing women in private equity, and the various ways GEM seeks to support emerging managers.
Our 2024 Impact Report highlights how our continued commitment to impact investing is helping us navigate challenges and drive positive change.
Let’s start a conversation about how we can help.
