Our team functions as an in-house investment office, integrating portfolio construction and institutional objectives while supporting good governance.
Our experienced leadership team has decades of experience working for and partnering with leading endowments, foundations, private equity, hedge funds, and family offices.
Our investment team was built to source differentiated managers, affording our clients access to high-potential opportunities that are difficult to replicate.2
We assume responsibility for the nuts and bolts of investment management — including reporting, tax, and cash movement — taking as much as we can off the plates of our client staff.
We build custom allocations that align portfolio construction with the types and degrees of risk that each client is capable of bearing. We base that assessment on careful collaboration and an analytical review of each client’s needs and financial condition.1
We work with clients to identify the appropriate balance between growth and stability consistent with annual spending needs and long-term objectives.
We scale the proportion of a client’s portfolio allocated to private investments pursuant to the variability of spending needs. Our goal is to ensure clients drawing on resources always have sufficient access to capital under adverse market conditions.
In close consultation with client stakeholders, we establish an organization’s willingness to diverge from peers and benchmarks, and scale tracking error and other portfolio implementation decisions.
For clients interested in aligning their institutional values with their assets, we can integrate impact strategies into their portfolio and avoid investments that may cause harm to people or the planet. Our rigorous evaluation process builds on our conviction that we can deliver positive outcomes alongside financial returns.3
We work with clients to identify the appropriate balance between growth and stability consistent with annual spending needs and long-term objectives.
We scale the proportion of a client’s portfolio allocated to private investments pursuant to the variability of spending needs. Our goal is to ensure clients drawing on resources always have sufficient access to capital under adverse market conditions.
In close consultation with client stakeholders, we establish an organization’s willingness to diverge from peers and benchmarks, and scale tracking error and other portfolio implementation decisions.
For clients interested in aligning their institutional values with their assets, we can integrate impact strategies into their portfolio and avoid investments that may cause harm to people or the planet. Our rigorous evaluation process builds on our conviction that we can deliver positive outcomes alongside financial returns.3
In the second of his three-part series on the Endowment Model, Deputy CIO Matt Bank examines the incomplete quantitative arguments around endowment performance and offers a more substantive evaluation framework.
As many smaller endowments and foundations opt to outsource their investment management, the Financial Times spoke to GEM's Deputy CIO Matt Bank about how this arrangement can be beneficial to such institutions.
The first of Deputy CIO Matt Bank’s new series, The Long View, reaffirms GEM’s belief that the Endowment Model – in the right hands, for the right institutions – remains a compelling means of achieving risk-adjusted returns.
Let’s start a conversation about how we can help.
1 Custom allocations require investing through a customized portfolio, which typically incurs a higher expense load than a pooled portfolio.
2 Returns are not guaranteed.
3 Returns are not guaranteed. To select impact investments, GEM utilizes the GEM IMP Framework, 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.
