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Interval Funds and Semi-Liquid Structures: How Liquid Are They Really?
The case for interval funds and other semi-liquid vehicles is straightforward: access to private markets without a ten-year lockup, and the appeal of periodic liquidity. It's a compelling pitch. It...
Principles of Investment Stewardship for Nonprofit Organizations
Explore essential investment stewardship principles for nonprofit organizations, focusing on the six principles for effective decision making. Learn More
Religious-Affiliated Higher Ed: Endowment Performance & Investment Practices
Earlier this year, Commonfund, in partnership with the National Association of College and University Business Officers (NACUBO), released the 2025 NACUBO-Commonfund Study of Endowments (NCSE). The...
Performance and Practices of Smaller Institutions in the NACUBO-Commonfund Study of Endowments
Earlier this year, Commonfund, in partnership with the National Association of College and University Business Officers (NACUBO), released the 2025 NACUBO-Commonfund Study of Endowments (NCSE, or,...
AI in Venture Capital: Separating Hype from Opportunity
Join host Amanda Novello, Sr. Policy and Research Analyst, in this episode of "Espresso Chats," a series by the Commonfund Institute serving up strong, short shots of governance and leadership...
Endowment Spending: The Increasing Role in College Budgets
Studies over the years show operating budgets are claiming a greater share of annual endowment spending. Is the most recent jump an anomaly or the new normal?
Evolution of Educational Budgets Warrant Changes to the Higher Education Price Index
Commonfund’s Higher Education Price Index (HEPI), the premier inflation index for the education sector, is used by thousands of practitioners to ensure their budgeting processes account for real...
A Closer Look at Institutionally-Related Foundations’ Endowments
Earlier this year, Commonfund, in partnership with the National Association of College and University Business Officers (NACUBO), released the 2025 NACUBO-Commonfund Study of Endowments (NCSE). The...
The Risks and Opportunities of the Influx of Retail Capital into Private Markets
For decades, private markets have delivered a meaningful premium over public equities, compensating investors for illiquidity and the patience required for long-term investing.
Real Estate & Infrastructure: Finding Opportunity After the Repricing
Episode 10 In this episode of Commonfund Point of View, Chief Investment Officer Julia Mord sits down with Paul Von Steenberg, Managing Director and Head of Real Estate and Infrastructure Investing,...
Vendor Risk: Lessons from the Anthropic Mythos Breach
On the morning Anthropic launched Mythos, one of the most advanced artificial intelligence (AI) coding models released to date, reporting suggests a private Discord group was already inside. They...
Putting Private Credit Headlines in Perspective
Recent articles in the financial press such as the Wall Street Journal and Bloomberg have focused on noted challenges surfacing in private credit investments. Some examples of the headlines: An...
Under Allocating to Private Strategies Could Shortchange Your Mission
Three Considerations for Evaluating Your Exposure The ultimate goal for endowment portfolios is to achieve intergenerational equity, meaning the portfolio should provide a similar level of support to...
Market Insights: Record Highs and the Rise of Small and Mid-Caps