Michael Karris founded EndowBridge® Capital, a registered investment advisory firm, in 2013. Our mission is to help small/mid-sized endowments & foundations by
offering a better investment solution
via a low-cost balanced strategy using index funds.
As a former Director of Investments at Columbia University’s endowment during the 2008/2009 crisis, Michael saw the challenges faced by Endowment Model investors. During the crisis, smaller nonprofits faced even greater difficulties due to having limited resources to cope with the complexity of the Endowment Model.
High fees, poor transparency, illiquidity, redemption gates, and lock-ups plague investors large and small. Complicated due diligence efforts, complex investment strategies, commitment calls, and over-diversification across fund managers burden smaller nonprofits.
To help smaller nonprofit investors overcome these drawbacks, Michael developed
low-cost balanced strategies that aim to replicate much of the success of large endowments in a much simpler strategy and structure.
EndowBridge® Capital also serves family offices, RIAs (as a sub-advisor) and
other long-term accredited investors via two custodial platforms
either at Charles Schwab & Co. or Interactive Brokers Group.
(EndowBridge Capital was originally named IvyBright Capital)