Jay Ripley – Emerging Manager Selection at GEM (EP.470)

In this episode of Capital Allocators, Ted Sides interviews Jay Ripley, Head of Investments and Deputy Managing Partner at Global Endowment Management (GEM), about manager selection, particularly with early-stage funds. Jay discusses his path into the investment world, his transition from GP to LP, and GEM's approach to identifying and backing emerging managers across buyouts, venture capital, and hedge funds. He shares insights on the evolving landscape for independent sponsors, the challenges of manager selection amid dispersion, and the art of staying early without chasing scale, also touching on public market investments and the owner-operator mentality within GEM.