Co-founder Stephanie Lynch was named managing partner-elect at Global Endowment Management, an outsourced chief investment officer firm.
Ms. Lynch will begin her tenure as managing partner on July 1, according to a news release Monday. She is currently a partner at GEM.
Porter Durham, who has been GEM's managing partner since 2018, will "continue to work closely" with GEM until he retires next year, a spokeswoman confirmed in an email.
GEM had $11 billion in assets under management as of Dec. 31 and provides institutional investment capabilities for endowments, foundations and other institutional investors.
