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Governance And Policy | Insights Blog
Governing Through Complexity: Takeaways from the FAOG Annual Conference
The Finance, Administration and Operations Group for Community Foundations (FAOG) 2026 Annual Conference, held in Salt Lake City from September 20-23, highlighted a fundamental shift in community...
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Governance And Policy | Insights Blog
Investment Committee Governance: How to Steer, Not Manage
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Investment Strategy | Articles
Mind the Gap: The Strategic Risk of Skipping a Vintage in Private Equity
Private equity (inclusive of buyouts, growth equity, and venture capital) remains a compelling long-term asset class, but recent periods of muted distributions and below-average returns have created...
Perspectives | Press Releases
FY25 NACUBO-Commonfund Study Released
U.S. Higher Education Endowments Report Stable Returns, Increase Spending to $33.4 Billion in FY25 The NACUBO-Commonfund Study of 657 colleges and universities reports a 10-year average return of...
Investment Strategy | Videos
Understanding the Private Equity Secondaries Market
This Commonfund Institute Online video explores the evolving landscape of the private equity secondaries market, focusing on both Limited Partner (LP)- and General Partner (GP)-led transactions.
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Governance and Policy | Insights Blog
Impact Investing vs. ESG: Defining Mission-Aligned Investing
Ask ten investment professionals what "mission-aligned investing" means and you are likely to get ten different answers. Some will say environmental, social and governance (ESG). Others will say... Learn Morecommunity_college
Governance And Policy | Articles
Viewpoint: Changing Our Minds
It is often said that we live in a world of change, but it is surprising how slowly that change can occur. Seven years after the onset of the Great Recession, many business school students are still...
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Investment Strategy | Articles
Multi-Asset Investing: Form Follows Function
The design axiom captures the purpose of multi-asset investing Interest in multi-asset investing is growing and the inflows confirm it: Institutional assets committed to multi-asset investing are...
community_college
Private Equity | Private Equity Insights
Global private equity: what and why
What and Why An article in the previous issue of Insight sought to discern the difference between perception and reality in private equity investing generally, and included a companion article...
community_college
Perspectives | Articles
Smart money, crowded trades?
For investors building multi-manager portfolios, a look at an alternative hedge fund beta. Approaches to stock selection vary widely across the hedge fund universe, even among managers practicing the...
community_college
Risk Management | Articles
Greenhouse Effect
Investment returns of less well-diversified portfolios have flourished in the accommodative market environment created by central banks. But what will happen when rates rise? In the last five years,...
community_college
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...
community_college
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...
community_college
Mission-aligned Investing | Articles
ESG: Principles for Responsible Investment
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,...
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Private Equity | Private Equity Insights
Private Equity: Perception and Reality
For a variety of reasons, some investors believe that private equity may have lost its edge as a key allocation for their portfolios. This perception may overlook reality. A closer examination...
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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?...
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Investment Strategy | Articles
Viewpoint: A Different Kind of Climate Change
How have cultural, religious and social service institutions’ investment portfolios changed in response to the financial and market environment that has prevailed over the last several years? While...
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Private Equity | Private Equity Insights
How Liquid are Private Capital Investments?
In the wake of the Global Financial Crisis, institutional investors were rightfully concerned about the liquidity profiles of their long term portfolios. Although markets have recovered substantially...
Beyond the Primary Commitment: Considering Private Market Secondaries