| Press Releases

Commonfund Appoints Douglas T. Breeden as Chair of the Board of Trustees

December 6, 2021 |
1 minute read
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Wilton, CT, December 6, 2021 – The Common Fund for Nonprofit Organizations announced the election of Dr. Douglas T. Breeden as Chair of its Board of Trustees. Effective January 21, 2022, Dr. Breeden will succeed Dr. Robert B. Litterman, who served as Chair for seven years and will remain on the Board.

“The Board of Trustees’ election of Dr. Breeden as Chair reflects the Board’s confidence in his leadership and his ability to continue to position the firm for future success. Not only is Dr. Breeden a stellar figure in the field of academic finance, but he has served as a Commonfund Trustee for over a decade and possesses a deep understanding of the firm’s mission, history, and operational and investment strategies,” said Chair Robert Litterman.

"Doug has been a dedicated member of the Commonfund Board since 2011, and Chairman of the Audit and Risk Committee since 2015. His diligence, wisdom, and sense of humor have been a source of strength for Board and Staff members alike, and we welcome his leadership as the new Chair of the Commonfund Board," said Mark Anson, Chief Executive Officer and Chief Investment Officer of Commonfund.

Dr. Breeden is currently the William W. Priest Professor of Finance and former Dean of Duke University’s Fuqua School of Business. He has also served on faculties at Chicago Booth and Stanford and was the Fischer Black Visiting Professor at MIT Sloan. Dr. Breeden is an ardent researcher and has published seminal research on insurance prices implicit in option prices and the Consumption CAPM. He has spoken on Central Bank policy impacts to central banks in the Americas, Europe, Asia and the Middle East.

Dr. Breeden holds a Ph.D. in Finance from Stanford and an S.B. from M.I.T. He has served on the MIT President’s Council and the Stanford Business School Advisory Council. He Co-founded and was Chairman for 23 years of Smith Breeden Associates, a money management firm. The International Association for Quantitative Finance named Breeden Financial Engineer of the Year in 2013. He was on the Board of the American Finance Association and elected a lifetime Fellow.

 

Media Contacts  

Tony Ialeggio
Commonfund
203-563-5121
tony.ialeggio@commonfund.org

Emily Roy
Prosek Partners
646-818-9232
pro-commonfund@prosek.com

 

Commonfund

Author

Commonfund

Disclaimer

Certain information contained herein has been obtained from or is based on third-party sources and, although believed to be reliable, has not been independently verified. Such information is as of the date indicated, if indicated, may not be complete, is subject to change and has not necessarily been updated. No representation or warranty, express or implied, is or will be given by The Common Fund for Nonprofit Organizations, any of its affiliates or any of its or their affiliates, trustees, directors, officers, employees or advisers (collectively referred to herein as “Commonfund”) or any other person as to the accuracy or completeness of the information in any third-party materials. Accordingly, Commonfund shall not be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on any statement in, or omission from, such third-party materials, and any such liability is expressly disclaimed.

All rights to the trademarks, copyrights, logos and other intellectual property listed herein belong to their respective owners and the use of such logos hereof does not imply an affiliation with, or endorsement by, the owners of such trademarks, copyrights, logos and other intellectual property.

To the extent views presented forecast market activity, they may be based on many factors in addition to those explicitly stated herein. Forecasts of experts inevitably differ. Views attributed to third-parties are presented to demonstrate the existence of points of view, not as a basis for recommendations or as investment advice. Market and investment views of third-parties presented herein do not necessarily reflect the views of Commonfund, any manager retained by Commonfund to manage any investments for Commonfund (each, a “Manager”) or any fund managed by any Commonfund entity (each, a “Fund”). Accordingly, the views presented herein may not be relied upon as an indication of trading intent on behalf of Commonfund, any Manager or any Fund.

Statements concerning Commonfund’s views of possible future outcomes in any investment asset class or market, or of possible future economic developments, are not intended, and should not be construed, as forecasts or predictions of the future investment performance of any Fund. Such statements are also not intended as recommendations by any Commonfund entity or any Commonfund employee to the recipient of the presentation. It is Commonfund’s policy that investment recommendations to its clients must be based on the investment objectives and risk tolerances of each individual client. All market outlook and similar statements are based upon information reasonably available as of the date of this presentation (unless an earlier date is stated with regard to particular information), and reasonably believed to be accurate by Commonfund. Commonfund disclaims any responsibility to provide the recipient of this presentation with updated or corrected information or statements. Past performance is not indicative of future results. For more information please refer to Important Disclosures.

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