Commonfund Launches Diverse Manager Portal to Broaden Client Access to Diverse Investment Talent
Wilton, CT, September 10, 2019 — Commonfund, a prominent asset manager for endowments, foundations and public pension investors, announced today the launch of an online Diverse Manager Portal (“The Portal”) designed specifically to receive due diligence materials from women and minority managers investing in equities, fixed income and credit, real estate and hedge funds. Through The Portal, Commonfund aims to better facilitate the receipt and review of investment information from diverse managers who are defined as firms with 33 percent or more ownership by women, people of black or African American, Latino/Hispanic, Asian, Native American or Pacific Islander descent, veterans and/ or people with disabilities.
Over the last year, Commonfund’s Diversity and Inclusion Office has been focused on establishing a cross-asset class database of diverse managers to determine the size and depth of the firm’s diverse manager universe relative to the broader “known” universe available through traditional database sources. Building upon this foundation, The Portal will allow diverse managers across the country to submit their investment information for consideration and potential inclusion in Commonfund’s Diverse Manager Database.