GEM Website Terms & Conditions of Use

User Agreement

Welcome to the Global Endowment Management, LP (“GEM”) website (“this website” or “the website”). By using this website, you are agreeing to comply with the following terms and conditions, which govern your access to and use of this website. GEM reserves the right to change these terms and conditions at any time, without notice.

The information that we provide is for your information only. Some information provided may not be current, or may have changed since the last time you viewed or downloaded it. All information is subject to change without notice. We do not in any way represent or warrant the accuracy or reliability of any of the information provided, and all information is provided subject to the disclaimers and limitations of liability set forth below.

No General Solicitation or General Advertising of Securities

The material contained in this website is intended only for financially sophisticated investors and is for their private use. The material contained in this website does not constitute an offer or sale of securities, or any form of general solicitation for purchase of, or general advertising with respect to interests in GEM private pooled investment funds. Such private pooled investment funds rely on private placement exemptions to registration under the Securities Act of 1933 as amended (or the securities laws of any states), and have not been registered as investment companies under the Investment Company Act of 1940. GEM is registered with the United States Securities and Exchange Commission (“SEC”) as an investment adviser under the Investment Advisers Act of 1940. GEM is also registered with the Commodity Futures Trading Commission (“CFTC”) as a Commodity Pool Operator (“CPO”). Registration with the SEC or CFTC does not imply any particular level of skill or training.

Informational Purposes Only

The contents of this website are for informational purposes only. Nothing on this website constitutes a recommendation to purchase, sell or hold any security or securities, or that you pursue any investment style or strategy. Nothing contained herein is intended to be, or should be considered, investment, accounting, tax or legal advice. The past performance of any investment, investment strategy, or investment style is not indicative of future performance.

Ownership and Proprietary Rights to Content

This website is owned and operated by GEM, and its contents are the property of GEM by ownership or license. Any claims or concerns regarding this website should be addressed to: Global Endowment Management, LP, 550 S Tryon St, Charlotte, NC 28202; phone (704) 333-8282; or email

You acknowledge and agree that this website contains information, data, software, photographs, graphics, text, images, logos, icons, typefaces, audio and video material, and/or other material protected by copyrights, trademarks, or other proprietary rights, and that these rights are valid and protected in all forms, media, and technologies existing now or hereinafter developed. The content of this website is protected by U.S. and international copyright laws. You may not modify, remove, delete, augment, add to, publish, transmit, participate in the transfer, license, sell, create derivative works from, or in any way exploit any of the content, in whole or in part. You may not upload, post, reproduce, perform, or distribute in any way any content without obtaining permission of GEM and/or the owner of the copyright, trademark or other proprietary right.


Global Endowment Management, Global Endowment, GEM and its logo are trademarks of Global Endowment Management, LP. They may not be used or displayed without our prior written consent. All other trademarks, product names and company names and logos appearing on the website are the property of their respective owners, and may be used only with the permission of the particular owner.

Third Party Content

Third parties may provide certain information and content to GEM, which may be included or made otherwise available on or through the website (“Third Party Content”). This Third Party Content is, in each case, the copyrighted work of the creator/licensor, and may be subject to terms of use, privacy policies or other terms and conditions of such third parties. Please contact GEM or the appropriate third party for further information regarding these terms.


Users may not link to the website from any pornographic, obscene, profane, defamatory, libelous, threatening, unlawful or other website or material which could constitute or encourage unlawful conduct that would be considered a criminal offense, give rise to civil liability or otherwise violate any law or regulation. GEM assumes no responsibility or liability which may arise from the content of such websites, including but not limited to claims for defamation, libel, slander, obscenity, pornography, profanity or misrepresentation. Any link to the website must, when activated by a user, display the website full-screen in a fully navigable window, and not within a “frame” on the linking website, and the appearance or other aspects of the link may not create the false appearance that a user or other entity is associated with or sponsored by GEM. We reserve the right to revoke this consent to link at any time in our sole discretion.

Although the website may link to other websites (“external sites”), GEM is not, directly or indirectly, implying any approval, association, sponsorship, endorsement or affiliation with any external site, unless specifically stated herein. If you follow links to any external site, you will leave the website. You acknowledge and agree that GEM has not reviewed the external sites and is not responsible for the content contained on any external site. Your access and use of any external site is at your own risk and is subject to any terms and conditions provided by the owners of such external site.

Password Protected Areas of the Website

Access to certain areas of the website is reserved for investors in GEM private pooled vehicles who have been provided with a password. If you have been provided with a password, use of that portion of the website is governed by the confidentiality provisions in the fund documents governing your investment.

Online Privacy

GEM does not collect any personal information about visitors to the public portions of the website including names, addresses, phone numbers or social security numbers. If you submit an inquiry to, we may collect your email address for purposes of responding only. We do not disseminate non-public personal information of our investors to any third parties unless in the furtherance of servicing their accounts or as required by law or regulation as described in our Privacy Policy.


You expressly understand and agree that:

(a) Your use of the website is at your sole risk. The website is provided on an "as is" and "as available" basis. To the fullest extent permissible under applicable law, we expressly disclaim all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

(b) We do not warrant or represent that (i) the website will meet your requirements, (ii) the website will be uninterrupted, timely, secure, or error-free, (iii) the results that may be obtained from the use of the website will be accurate or reliable, (iv) the quality of any services, or information, or other material obtained by you through the website will meet your expectations, (v) the server that makes the website available is free of viruses or other harmful components; or (vi) any errors in software will be corrected.

(c) Any material downloaded or otherwise obtained through the use of the website is taken and used at your own risk and you will be solely responsible for any loss or damage incurred, including, but not limited to, damage to your computer system or loss of data that results from the download of any such material. You assume the entire cost of all necessary servicing, repair or correction to restore your system.

(d) No advice or information, whether oral or written, obtained by you from us or through or from the website shall create any warranty not expressly stated herein.

Limitation of Liability for Use

We shall not be liable for any direct, indirect, incidental, special or consequential damages, resulting from the use of or the inability to use the website, including but not limited to, damages for lost profits, data or other intangibles.

Applicable Law

These terms and conditions are governed by and construed in accordance with the laws of the State of Delaware, without regard to any principles of conflicts of law. You agree that any action at law or in equity that arises out of or relates to these terms and conditions will be filed only in the state or federal courts located in North Carolina, and you hereby consent and submit to the personal jurisdiction and venue of such courts.

International Use

We make no representation that materials on this website are appropriate for persons in locations outside the United States. Accessing website materials from territories where the contents of such materials is illegal, is prohibited. Those who choose to access this website from other locations do so on their own initiative and are responsible for compliance with local laws.

Modification of User Agreement

GEM may modify these Terms and Conditions in its sole discretion at any time. Use of the website is deemed acceptance by you of any modified terms.


We may terminate your access to all or part of this website, without notice, at any time and for any or no reason, in our sole discretion.


The failure of GEM to enforce any right or provision in these Terms and Conditions will not constitute a waiver of any right or provision herein.