{{short description|U.S. based investment management firm}} {{Infobox company | name = Commonfund for Non-Profit Organizations | logo = Commonfund Logo.png | founded = {{start date and age|1971}}<ref name="InstitutionalInvestorProfile" /> | hq_location_city = Wilton, Connecticut | hq_location_country = U.S. | type = Nonprofit corporation | industry = Asset management | area_served = Worldwide | num_locations = 5 offices | key_people = Mark Anson <small>(CEO)</small> Robert Litterman <small>(Chairman)</small> | aum = US$28 billion ''(2021)'' | num_employees = 240<ref name="Outperform:Book">{{cite book|last1=Baschab|first1=John|last2=Piot|first2=Jon|title=Outperform: Inside the Investment Strategy of Billion Dollar Endowments|url=https://books.google.com/books?id=FPFZPB65sY4C&q=commonfund+26+billion&pg=PA199|accessdate=29 December 2019|via=John Wiley & Sons|publisher=Wiley|date=15 July 2010|language=English|url-access=subscription|isbn=9780470651308}}</ref> | website = {{URL|https://www.commonfund.org/}} | footnotes = | intl = }} Based in Connecticut, '''Commonfund''' is an American asset management firm founded in 1971 with a seed grant from the Ford Foundation. As a private nonprofit organization, the firm manages customized investment programs for endowments, foundations, public pension funds, and other mission-driven institutions.<ref name="InstitutionalInvestorProfile">{{cite news|last1=Idzelis|first1=Christine|title=Can Commonfund Compete?|url=https://www.institutionalinvestor.com/article/b19xcnbn8s1qh3/Can-Commonfund-Compete|accessdate=29 December 2019|publisher=Institutional Investor|date=11 September 2018|language=English|url-access=subscription}}</ref> The organization has additional offices in New York City, San Francisco, London, and Beijing.
Along with Yale University CIO David F. Swensen, Commonfund helped pioneer applying the "endowment model" of investing to institutional investor portfolios. As of 2021, Commonfund had approximately US$28 billion in assets under management. Commonfund is currently the second-largest manager of outsourced endowment assets in the U.S. (surpassed only by the Vanguard Group).<ref name="Pensions&InvestmentsSurvey">{{cite news|last1=Walker|first1=Danielle|title=More endowments, DC plans make OCIO jump|url=https://www.pionline.com/print/more-endowments-dc-plans-make-ocio-jump|accessdate=29 December 2019|publisher=Pensions & Investments|date=24 June 2019|language=English|url-access=subscription}}</ref>
Commonfund also operates CF Private Equity, which builds and manages private markets portfolios, and the Commonfund Institute, which provides the investment management field with investment research and professional development programs such as the Commonfund Benchmark Studies, the Commonfund Higher Education Price Index (HEPI), the Commonfund Forum, and the Investment Stewardship Academy. The company is active in the fields of responsible and impact investing as well.<ref name="CommonfundDiversity">{{cite news|title=Commonfund Launches Diverse Manager Portal to Broaden Client Access to Diverse Investment Talent|url=https://www.prnewswire.com/news-releases/commonfund-launches-diverse-manager-portal-to-broaden-client-access-to-diverse-investment-talent-300915011.html|accessdate=28 September 2020|publisher=PR Newswire|date=10 September 2019|language=English|url-access=subscription}}</ref>
== References == {{reflist}}
== External links == * [https://www.commonfund.org/commonfund-institute/ Commonfund Institute]
Category:1971 establishments in Connecticut Category:Non-profit organizations based in Connecticut Category:Investment management companies of the United States
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