WILTON, CT, March 7, 2011 – Commonfund, a prominent institutional investment manager and provider of outsourced solutions for nonprofit and other institutional investors, including pension plans, today announced the opening of its new office in Atlanta, GA located at 3340 Peachtree Road NE. The new office will serve existing nonprofit clients in the Southeast, while developing relationships in the pension field.
“The opening of our office in Atlanta provides a focused capability to better serve our current southeastern nonprofit clients while positioning us for growth in new markets such as pension funds,” said Verne Sedlacek, President and CEO, Commonfund. “It also allows us to be in closer proximity to the many Atlanta-based consultants that we partner with.”
Commonfund has identified strategic business opportunities in this region based on several factors ranging from the rebound in endowment returns in the past year to anticipated demand for outsourced investment solutions as well as the overall volume of pension fund prospects that require investment solutions to increasingly complex investment challenges.
The office will be shared by Commonfund Managing Directors Laurie Bagley and William Moore.
Laurie Bagley brings 16 years of investment and consulting experience at Commonfund and 25 years in the investment industry. A native of Atlanta, she holds a B.S. degree in Industrial Management from the Georgia Institute of Technology where she is also a member of the Board of Trustees for its Alumni Association.
William Moore is a three-year veteran of Commonfund, who was previously the Senior Manager responsible for Deloitte’s investment consulting practice in the Southeast; Bill also has over 20 years of experience in the investment consulting industry.
Commonfund, headquartered in Wilton, CT, also serves clients through regional offices located in Los Angeles, and San Francisco. International investment offices are located in London and Beijing.
About Commonfund
Founded in 1971, Commonfund is devoted to enhancing the financial resources of long-term investors including nonprofit institutions and pension funds through superior fund management, investment advice and treasury operations. Directly or through its subsidiaries—Commonfund Capital and Commonfund Asset Management Company— Commonfund manages over $26 billion for over 1,500 clients. Commonfund, together with its subsidiary companion organizations, offers more than 30 different investment programs. All securities are distributed through Commonfund Securities, Inc. For additional information about Commonfund, please visit www.commonfund.org.