Mike Smith

Global Endowment Management LP (GEM) is a SEC-registered investment advisor and hedge fund manager headquartered in Charlotte, North Carolina. The firm was founded in 2007 by Thruston B. Morton III, Stephanie S. Lynch and Hugh N. Wrigley. They are a subsidiary of Global Endowment Partners LP. GEM provides investment management to private investment funds, as well as to separately managed accounts.

DUMAC, Inc. is the investment arm of Duke University, a private research university headquartered in Durham, North Carolina. Founded in 1989, the firm manages Duke University’s endowment assets. In addition to managing Duke’s endowment, DUMAC also manages the university’s defined benefit pension plan assets, Duke University Health System’s investments, and much of the university’s working capital. DUMAC also manages the assets of The Duke Endowment, the private charitable trust established by Duke University’s founder, James B. Duke.