In this podcast, Matt Bank, Deputy CIO of GEM, shares insights into his career journey and the firm's approach to Outsourced Chief Investment Officer (OCIO) services. He highlights a risk-first philosophy that centers on understanding client needs and their specific risk tolerances, including shortfall, drawdown, liquidity, and embarrassment risks. GEM's OCIO model emphasizes strong governance, customized portfolio construction, and exceptional manager selection, particularly in high-potential areas like private equity and venture capital. Bank underscores the significance of building deep client relationships, identifying talented managers with aligned incentives, and navigating the shifting dynamics between active and passive investing, as well as hedge fund strategies.
