Private Capital | Articles

Emerging Markets Private Capital — A Focus on China

Commonfund recently hosted a talk on evolving private capital opportunities in emerging markets. Mark Hoeing, Head of Private Equity, moderated the discussion, while Aaron Miller, Head of Venture...
Governance And Policy | Articles

Outsourcing: Writing Your RFP

Once an institution decides to pursue the outsourced CIO or investment office option, it usually leads to the creation of a request for proposal, or RFP.  Considering that the outsourced model is a...
Investment Strategy | Articles

An Investor’s Guide to Private Equity Today

Commonfund recently hosted a panel discussion focused on the current state of private equity and venture capital, with an emphasis on the investor’s perspective of the industry today. The three...
Diversity | Articles

Dynamic Workforce = Dynamic Portfolios

The Surprising Outcomes When Diverse Groups and Homogeneous Groups Tackle the Same Problem In late 2018, Commonfund established a Diversity Office with the objective of benefiting from the strengths...
Market Commentary | Articles

The Global Economy and the Return of Risk

How to think about tariffs, deficits, valuations, leverage, growth and other issues What signals should institutions be mindful of as they make portfolio decisions in the current environment? A panel...
Investor Spotlight | Articles

Rust College

Rust College: Where tomorrow’s leaders are students today In the wake of the Civil War, Rust College was founded in 1866 to provide an education for newly-freed slaves. Located in Holly Springs,...
Private Capital | Articles

Private Capital: Key to Unlocking Growth in Emerging Markets

After a turbulent period, emerging markets have delivered double-digit returns in recent years. Private investments in emerging markets offer a way to diversify beyond the public markets and, in...
Investor Spotlight | Articles

Flagler College

Energetic youth in ‘America’s oldest city’. St. Augustine is the oldest continuously occupied European-established settlement in the continental U.S., having been founded in 1565. Flagler College is...
Investor Spotlight | Articles

Missouri Baptist Foundation

Managing investments for missions, ministries and churches. The Missouri Baptist Foundation (MBF) has a noble calling: to support and strengthen the good work of the show me state's ministries,...
Investor Spotlight | Articles

University of the Virgin Islands

  These Buccaneers pursue a different treasure. There was a time when pirates plied the waters of the Caribbean in the pursuit of gold and other treasure. The Buccaneers mascot of the University of...
Investor Spotlight | Articles

University Corporation for Atmospheric Research

The Sky's No Limit. It doesn't issue public weather forecasts, but it tracks weather around the globe. It isn't the national hurricane center, but it studies hurricanes as well as other extreme...
Investor Spotlight | Articles

They dig plants at the Botanical Research Institute of Texas

Hundreds of thousands of plant species are scattered all over the earth, but if the plant world had a headquarters it might be the Fort Worth, Texas home of the Botanical Research Institute of Texas...
Investor Spotlight | Articles

The Lincoln University

Founded in 1854, The Lincoln University is the nation's oldest degree-granting institutions for persons of African descent. Lincoln is committed to maintaining a nurturing and stimulating environment...
Investor Spotlight | Articles

Western Washington University

Active minds changing lives. Right-sized, well balanced, with an extensive range of strong academic programs and some enlightening stats that speak to all of it: Western Washington University (WWU)...
Private Capital | Articles

What’s the Difference? Time-Weighted Return vs. Internal Rate of Return

Investors often ask about the difference between time-weighted return (“TWR”) and internal rate of return (“IRR”). In general, TWR is used by the investment industry to measure the performance of...
Investor Spotlight | Articles

Northampton Community College Foundation

The dictionary defines a foundation as “an underlying base or support.” Of course, there’s another type of foundation, defined as “funds given for the support of an institution.” Northampton...
Investor Spotlight | Articles

Center for Natural Lands Management

These words—to protect, preserve and defend—come from the oath of office sworn by the President of the United States. At the Center for Natural Lands Management (CNLM), they refer to an unwritten but...
Investor Spotlight | Articles

The William Penn Foundation

Fast Philly facts: The city is the site of the first library, hospital, medical school, stock exchange and zoo in the U.S. It’s the only World Heritage City in the U.S. William Penn founded the city...
| Articles

What’s Next for Cash Investors?

In the static low-rate environment of recent years, it seemed as though there was no “what’s next” for cash. Today, that has changed, as there are major forces reshaping the regulatory and interest...
Investment Strategy | Articles

Ideas for Next Gen Energy Investing

Advances in alternative energy technologies promise to reduce the world’s dependence on fossil fuels. Largely, however, they remain just that—a promise. So, where are the opportunities to invest in...
Governance And Policy | Articles

The Big Picture: Integrating Investments, Finance and Development

Most things function a lot better when all the moving parts work together—nonprofit institutions included. The synergies afforded by collaboration across organizational boundaries may be the most...
Investment Strategy | Articles

Asset Allocation with Private Equity

Reprinted from Volume 17, Number 1, 2016 of The Journal of Investment Consulting by Mark J.P. Anson Private assets such as private equity and venture capital have long been a thorn in the side of...
Investment Strategy | Articles

Emerging Markets: Balancing Risk and Reward

Investors poured $2 trillion into emerging economies between 2009 and 2014. Then prices for a basket of commodities fell—dragging crude oil down to levels not seen in a decade and dashing investors’...
Investment Strategy | Articles

Rethinking Risk and Diversification

Asset allocation is still the foundation on which better risk-adjusted returns are built. But asset allocation has changed, along with all the associated tools for pursuing return and managing risk....
Responsible Investing | Articles

Impact Investing: Balancing the best of responsibility & opportunity

Impact investing is showing growth around the world. According to the most recent J.P. Morgan/Global Impact Investing Network Impact Investor Survey, the number of institutional investors engaging in...
Perspectives | Articles

Working capital: challenge and opportunity

On campus, the thinking about operating asset management is changing with the times. In the wake of the 2008 financial crisis and Great Recession, liquidity was the primary concern on university...
Governance And Policy | Articles

Evolving Challenges in Nonprofit Governance

Commonfund recently convened an expert panel moderated by Myra Drucker (standing, left), Chair of the Board, TrustedPeer Inc. and former chair of the Commonfund Board of Trustees. The roundtable...
Responsible Investing | Articles

ESG: Sharpening the Point

Environmental, social and governance (ESG) factors are a topic for active discussion in board rooms. Here’s an update on Commonfund’s thoughts and actions and how ESG may relate to you. In general,...
Outsourced CIO | Articles

Nonstop Nonprofit-Dedicated OCIO

Why an OCIO that's dedicated to serving nonprofits may be preferable to a general practitioner As the OCIO model has evolved and expanded in recent years, a number of financial providers have entered...
Risk Management | Articles

Risk: The Fuel that Generates Portfolio Returns

Risk management: the process of harnessing risk in pursuit of better investment returns In a broad sense, how should nonprofit institutional investors think about investment risk and risk management?...
Investment Strategy | Articles

6 Keys to Choosing the Right Outsourced CIO

Today, few OCIOs that serve nonprofits are total institutional partners. Six questions can help you find one who takes a holistic approach. Not long ago, the definition and scope of an “Outsourced...
Responsible Investing | Articles

ESG and Your Institution: Doing Well by Doing Good

Investing according to environmental, social and governance principles is maturing into a distinct discipline. Robust research results dispute the conventional wisdom about performance trade-offs. If...