Gabriel–Ulmer duality says that there is an equivalence of 2-categories (or in other words, a biequivalence)
where Lex is the 2-category of:
and LFP is the 2-category of
finitary right adjoint functors and
The idea is that an object can be thought of as an essentially algebraic theory, which has a category of models . Gabriel–Ulmer duality says that this category of models is locally finitely presentable, all LFP categories arise in this way, and we can recover the theory from its category of models.
The original source is:
Some other general treatments of Gabriel–Ulmer duality (and generalizations to other doctrines):
C. Centazzo, E. M. Vitale, A duality relative to a limit doctrine, Theory and Appl. of Categories 10, No. 20, 2002, 486–497, pdf
Stephen Lack, John Power, Gabriel–Ulmer duality and Lawvere Theories enriched over a general base, pdf
M. Makkai, A. Pitts, Some results on locally finitely presentable categories, Trans. Amer. Math. Soc. 299 (1987), 473-496, MR88a:03162, doi, pdf
For a 2-dimensional analogue see the slides from a 2010 talk by Makkai: pdf
The version for -enriched categories, where is closed symmetric monoidal category whose underlying category is locally small, complete and cocomplete is in section 9 (cf. theorem 9.8)
For a connection to Tannaka duality theory see