NAIC Welcomes Leading Capital Allocator Global Endowment Management

NAIC Welcomes Leading Capital Allocator Global Endowment Management

April 3, 2020 –

The National Association of Investment Companies (NAIC), the largest network of
diverse-owned private equity firms and hedge funds, today welcomes Global
Endowment Management, LP (GEM), a full-service outsourced investment office, to
the NAIC network.

Through this new relationship, Global Endowment
Management gains greater access to NAIC’s growing network of high-performing
diverse investment managers, and NAIC member firms will have the potential to
diversify their capital bases with a leading foundation-focused allocator. NAIC
will serve as the conduit to increase engagement between its member firms and Global
Endowment Management, which oversees an investment portfolio valued at over $10

“Diversity, in all of its forms, enhances
results for any firm serving clients with equally diverse needs,” says J.
Porter Durham, Jr., Managing Partner for Global Endowment Management. “We
are very pleased to be partnering with NAIC to make the promise of diversity
within the investment industry a reality.”

“The NAIC is delighted to welcome such a well-respected
allocator as Global Endowment Management,”says Robert L. Greene, President
& CEO of NAIC. “We look forward to finding synergies between GEM and our
member firms to build strong, lasting, and mutually beneficial relationships.”

About GEM: Global Endowment Management is a
leading outsourced investment office providing institutional investment
capability and access to investment managers worldwide on behalf of our mission-driven
clients. GEM assumes responsibility for asset allocation, manager selection,
risk management, and investment reporting. For more than two decades, GEM’s people
have stewarded the financial assets of national and international endowments
and foundations.

About NAIC: Celebrating 50 years of
advocacy and performance, the Washington, D.C.-based National Association of Investment Companies is
the trade association for and largest network of diverse- and women-owned
private equity firms and hedge funds. NAIC’s membership is comprised of more
than 80 firms that collectively manage over $165 billion in institutional

Media Contacts:


Alan Hughes



Global Endowment Management

Torrey Feimster