JANUARY 3, 2023, Wilton, CT - Commonfund is introducing new names for its two core businesses that will enhance clarity while supporting continued growth. The changes will take effect on February 1, 2023.
The new naming framework reflects the evolution of Commonfund. The company was established in 1971 to serve the investment management needs of educational endowments and other nonprofits. It has expanded significantly since then to encompass a successful private equity business that serves nonprofit organizations as well as pensions and for-profit investors, including single/multi-family offices, Registered Investment Advisors (RIAs), and insurance companies – both in North America and select markets globally. The new names more clearly reflect the services each business provides.
The name changes will not impact how the company works with clients or how it is organized internally. A new website to come will provide more in-depth information about the private equity business. Current clients of both businesses will continue to use the Commonfund portal to access their statements, reports, and other information.
“The new names are intended to clearly delineate the focus of both businesses while maintaining and strengthening the connection to the parent company,” said Mark Anson, Chief Executive Officer and Chief Investment Officer. “The Commonfund team shares the same mission and values, whether we’re investing on behalf of an endowment responsible for ensuring intergenerational equity, a family office pursuing a cause close to their heart, or a foundation that creates opportunities for underserved youth. Our shared goal, with all our clients, is to continuously Aim Higher."
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Commonfund is a leading asset management firm that empowers educational institutions, foundations, pension funds, family offices, RIAs, and other sophisticated investors to achieve their most important goals. Through our Outsourced CIO business, we provide nonprofits access to world-class investment management solutions. Our CF Private Equity business provides access to private equity investments for both nonprofit and for-profit organizations seeking to diversify their portfolios with private investments. Our Commonfund Institute is among the nation’s most trusted sources for relevant, useful, and proprietary data, analytics, and best practices in financial management. All our businesses are united by a relentless commitment to investment performance matched by an equally relentless commitment to the values of trust, transparency, and ethical behavior that have inspired us since our founding more than fifty years ago. www.commonfund.org
An affiliate of asset management firm Commonfund, CF Private Equity empowers pension funds, endowments, foundations, family offices, investment advisors, and other sophisticated investors to diversify their portfolios with private investments. We combine the scale of a leading global asset manager with the nimble flexibility of a focused boutique, offering access to many of the world’s leading managers in buyouts and growth equity, venture capital, and real assets and sustainability strategies. Our global portfolios are constructed with a diversified mix of primaries, secondaries, and co-investments, with a focus on smaller and growing companies backed by sector and geographic specialist general partners. We also provide direct investing opportunities through secondaries and co-investing programs that provide dedicated exposure to select private companies. Our highly experienced investors reflect Commonfund’s commitment to investment performance and its decades-long commitment to the values of trust, transparency, and ethical behavior. www.cfprivateequity.com
Commonfund’s Outsourced CIO solution is designed to ensure that educational institutions, foundations, and other nonprofit organizations have the financial resources they need to achieve their most important commitments. By assuming responsibility for managing each client’s complex, global portfolio, we provide a depth of investment experience and breadth of resources that few institutions have access to on their own. Because of our singular focus on nonprofits, we can provide assistance and insights to our clients that go well beyond investing, helping them with virtually every facet of managing the financial resources of their organization.