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...

Perspectives | Press Releases

2019 Council on Foundations-Commonfund Study of Foundations Released

National Study Reports Strong Investment Results in 2019 Increased Foundations’ Intermediate-Term Returns   Data from the Council on Foundations-Commonfund Study Show Spending in Support of Mission...

Investment Strategy | Videos

Investment Strategies for Long-Term Investors

Kris Kwait, Deputy CIO and Head of Investments, discusses investment strategies for long-term investors in the current market environment.  

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Investment Strategy | Insights Blog

Balancing Purpose, Payout, and Permanence: A Strategy Guide for Foundations

In partnership with the Council on Foundations, the National Center for Family Philanthropy has released Balancing Purpose, Payout, and Permanence: A Strategy Guide. Commonfund Institute is very...
Investment Strategy | Insights Blog

Chart of the Month | Inflation Expectations Surge, Driving Real Interest Rates Down

Chairman Powell’s speech at Jackson Hole during the last week of August confirmed the Fed’s dovish policy stance, giving investors ample support in terms of low rates and a flexible inflation...
Diversity | Insights Blog

Investing in Racial Equity: A Primer for University & College Endowments

Commonfund and Commonfund Institute are very happy to contribute to the new report from Intentional Endowments Network (IEN), “Investing in Racial Equity: A Primer for University & College...
Responsible Investing | Press Releases

Diverse Manager Portal Re-opens

WILTON, CT (August 24, 2020)— Commonfund, a prominent asset manager for endowments, foundations and public pension investors, announced today the re-opening of its online Diverse Manager Portal (“The...
Perspectives | Press Releases

Commonfund Appoints Terrence Hill, Managing Director, OCIO Business

WILTON, CT (July 30, 2020) — Commonfund, a leading asset manager for nonprofit organizations, today announced the appointment of Terrence (Terry) Hill as Managing Director, Business Development. In...
Governance And Policy | Insights Blog

Observations on Diverse Manager Selection Across Asset Classes

At Commonfund, we believe diverse managers offer clients access to investment talent and valuable investment opportunities and therefore should be explored and invested in. Overlooking the merits of...
Governance And Policy | White Papers

Principles of Investment Stewardship for Nonprofit Organizations

The Principles of Investment Stewardship for Nonprofit Organizations provides an overview of essential principles for fiduciaries that oversee long-term funds.
Market Commentary | Articles

Fiscal Year-End and Mid-Year 2020 Market and Investment Review

As we enter the new fiscal year, and Commonfund’s 50th year of operations, we leave behind what will likely be remembered as one of the most challenging and memorable fiscal years for the...
Governance And Policy | Videos

Cultural Institutions and the COVID-19 Crisis

Board members, investment committees, and senior staff are charged with the fiduciary responsibility to make informed decisions when guiding the investment activities of their organization. The...
Investment Strategy | Insights Blog

Capturing Credit Opportunities in Times of Crisis

Key takeaways During periods of dislocation in high-quality credit, investors should  stay the course within fixed income portfolios and maintain active risk to benefit from the inevitable rebound...
Market Commentary | Insights Blog

Chart of the Month | Markets are Running Ahead of Economic Reality

When investors open their second quarter investment reports, many will be shocked by the magnitude of stock market gains in the second quarter. Their surprise could be voiced by a rhetorical question...
Governance And Policy | Articles

Changing the Conversation on College and University Resources

William Massy has spent his entire career at the intersection of academia and administration, as a microeconomist; professor, dean and CFO at Stanford University; author; and now, an independent...