# Global Endowment Management, LP

> Global Endowment Management, LP is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 28, 2026.

- CRD: 157772
- Filed as: GLOBAL ENDOWMENT MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charlotte, NC
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157772
- AdvisorCensus page: https://advisorcensus.com/firm/global-endowment-management-lp-charlotte-nc-157772

## Quick answers

**How is Global Endowment Management, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Global Endowment Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Global Endowment Management, LP located?**
Global Endowment Management, LP's principal office is in Charlotte, NC, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Global Endowment Management, LP registered with the SEC or a state?**
Global Endowment Management, LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157772.

**How much does Global Endowment Management, LP manage?**
Global Endowment Management, LP reports $12,883,817,810 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (100% discretionary).

**How have Global Endowment Management, LP's assets and staff changed since 2021?**
In the Form ADV data for Global Endowment Management, LP: Regulatory assets under management: $11,542,492,135 in the October 2021 data and $12,883,817,810 in the October 2026 data, up 12%. Total employees: 60 in October 2021 and 82 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Global Endowment Management, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (27); charitable organizations (14); other (5).

**Which custodians does Global Endowment Management, LP use?**
Global Endowment Management, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon as a custodian holding 10% or more of its separately managed account assets.

**Does Global Endowment Management, LP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157772

**What changed in Global Endowment Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 22 to 23.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Bank of New York Mellon

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $12,883,817,810
- Discretionary: $12,883,817,810
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 27 | $7,961,733,116 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 14 | $4,874,503,273 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 5 | $47,581,421 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 82 total, 23 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Singapore

### Websites listed on Form ADV (Item 1.I)
- geminvestments.com
- LinkedIn @GEMINVESTMENTS
- X @GEM_Investments

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $11,542,492,135 | 60 | August 27, 2021 |
| October 2022 | $13,167,403,572 | 68 | August 24, 2022 |
| October 2023 | $10,580,525,716 | 77 | August 28, 2023 |
| October 2024 | $11,558,231,568 | 72 | August 28, 2024 |
| October 2025 | $12,058,632,203 | 82 | June 30, 2025 |
| October 2026 | $12,883,817,810 | 82 | August 28, 2026 |

Regulatory assets under management: $11,542,492,135 in the October 2021 data and $12,883,817,810 in the October 2026 data, up 12%.
Total employees: 60 in October 2021 and 82 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 22 to 23.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Global Endowment Management, LP (CRD 157772): Form ADV filing data as of October 2026.