GLOBAL ENDOWMENT MANAGEMENT, LP

Thesis

They employ an endowment-style investment approach, inspired by David Swensen, for endowments, foundations, and mission-driven institutions. GEM's strategy emphasizes broad diversification across asset classes, including significant allocations to alternatives like private equity, venture capital, hedge funds, and real estate, aiming to generate alpha through differentiated manager selection and access to less efficient markets. Their long-term return objective is 5% after inflation, with a focus on total return and minimal volatility. GEM manages various funds, including the GEM Endowment Fund, GEM Green Endowment Fund, GEM Impact Endowment Fund, GEM Growth Fund, and GEM Alts Funds (targeting buyout, venture capital, and real estate). They also integrate impact investing, aligning with client values and focusing on diversity, equity, climate change, and justice, using the Impact Management Project framework. As of December 31, 2025, GEM had approximately $12.9 billion in AUM, managing 139 active private funds with a total gross asset value of $26.16 billion. Information on typical check sizes is not publicly available.

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