Global Endowment Management, Lp
- Regulatory AUM
- $12.9B
- Discretionary
- $12.9B
- Clients
- 46
- Avg AUM / client
- $280M
- Accounts
- 46
- Employees
- 82
AUM over time
Annual snapshots from Form ADV filings · as of Jul 16, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 27 | $8.0B | 61.8% |
| Charitable organizations | 14 | $4.9B | 37.8% |
| Other | 5 | $47.6M | 0.37% |
Private funds (90)
View all →Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $24.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Gem Endowment Fund, Lp | Hedge Fund | Delaware | $4.4B | 54 |
| Gef Pnoue, Lp | Hedge Fund | Delaware | $1.4B | 16 |
| Global Endowment Pjm Fund, Lp | Hedge Fund | Delaware | $1.4B | 1 |
| Gem Endowment Fund Offshore, Ltd. | Hedge Fund | Cayman Islands | $1.3B | 6 |
| Gem Growth Fund, Lp | Hedge Fund | Delaware | $1.1B | 37 |
| Gef Allo, Lp | Hedge Fund | Delaware | $987M | 14 |
| Gef Apeb | Hedge Fund | Delaware | $904M | 15 |
| Class D Series Of Gef Ps, Lp | Hedge Fund | Delaware | $847M | 12 |
| Class A Series Of Gef Ps, Lp | Hedge Fund | Delaware | $757M | 13 |
| Gef Alhf, Lp | Hedge Fund | Delaware | $627M | 13 |
| Gef Tpeb, Lp | Hedge Fund | Delaware | $600M | 14 |
| Pjm Fund, A Series Of Global Endowment Targeted Strategy Fund, Lp | Hedge Fund | Delaware | $561M | 2 |
| Gem Green Endowment Fund, Lp | Hedge Fund | Delaware | $538M | 6 |
| Crh Investments Holdings, Lp | Hedge Fund | Delaware | $479M | 1 |
| Hjf Investments Holdings, Lp | Hedge Fund | Delaware | $428M | 1 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Willamette University EIN 930386972 | Salem, OR | 06/30/2024 |
| University Of North Carolina At Charlotte Investment Fund EIN 562276950 | Charlotte, NC | 06/30/2024 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Abraham, Richard, S | Chief Financial Officer And Chief Compliance Officer | Jan 2010 (17y) | Less than 5% | |
| Smith, Michael, David | Partner, Chief Investment Officer | Mar 2010 (16y) | Less than 5% | |
| Durham, Joseph, Porter | Member | Dec 2019 (7y) | GP / trustee / elected manager of Gem Gp, Llc (indirect) | |
| Lynch, Stephanie | Member | Dec 2019 (7y) | Less than 5% | |
| Perese, Dogan, Joaquin | Chief Operating Officer | Sep 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Global Endowment Partners, Lp | Limited Partner | Jul 2007 | A | 75% or more |
| Gem Gp, Llc | General Partner | Jul 2007 | A | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (90, $24.0B gross assets)
Top 25 of 90 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Foundations & charities (2)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Willamette University | Public charity | $538M | 06/30/2024 |
| University Of North Carolina At Charlotte Investment Fund | Public charity | $345M | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/16/2026 | 28.1 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- BNY Mellon $846M (7% of AUM) Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 16, 2026.
View current Form ADV (SEC/IAPD) ↗