Working at Commonfund | Glassdoor

Commonfund Overview

Wilton, CT
51 to 200 employees
1971
Nonprofit Organization
Investment Banking & Asset Management
$25 to $50 million (USD) per year
Commonfund was founded in 1971 as an independent nonprofit asset management firm with a grant from the Ford Foundation. Together with or through its affiliates, Commonfund today manages customized investment programs for endowments, foundations and public pension funds. Among ... Read more

Mission: Our core mission is to enhance the financial resources of our clients and to help them improve investment management practices. As a private, nonprofit organization, we are beholden to our clients, not to shareholders or outside owners. This enables us to align our interests ... Read more

Commonfund – Why Work With Us?


About Us

Commonfund is an asset management firm founded in 1971 with a two-part mission. First, to create investment solutions for nonprofits that previously did not have the scale and access to the best managers and strategies. As importantly, our charter was to also create educational programs that would bring current best practices to institutional investors of all sizes and segments. Our insights have helped to advance asset management practices and grow portfolios through ever-changing investment environments. Commonfund too, has changed and grown dramatically over the years–expanding both our investment solution offerings and the client segments we serve. Yet, our mission has remained the same: to enhance the financial resources and improve the investment management practices of our clients. Our only business is asset management and we are active in all sectors of the global capital markets – in both public and private markets.

Our Mission

Our core mission is to enhance the financial resources of our clients and to help them improve investment management practices. As a private, nonprofit organization, we are beholden to our clients, not to shareholders or outside owners. This enables us to align our interests with those of our clients and lets us focus our undivided attention on institutional asset management. 

How we execute our mission is the key difference that sets us apart, with three mutually supportive components grounded in a strong financial foundation.

Performance
Investment programs that seek to generate superior risk-adjusted, long-term investment performance net of fees²

Service
Support based on an in-depth understanding of client needs

Insight 
Knowledge sharing, educational programs and research that promote best practices among institutional investors

Our strong financial resources serve as the underpinning that enables us to implement our mission. It is this strong base that permits us to hire, grow and retain talented people; invest in information technology and other client support assets; and consistently deliver a broad range of educational programs specifically for institutional investors.

Our clients are different than other institutional investors. They serve a higher mission. Their operations and principles are held to a higher standard. They want to invest with advisors who first and foremost pursue exceptional performance, but who also share their mission and understand how they work.

Nonprofit Institutional Investors

We were founded to focus exclusively on the asset management needs of nonprofit investors and have maintained that focus for over 40 years. Today, we serve all types of nonprofits:

Educational Endowments

  • Private colleges and universities
  • Public colleges and universities and their supporting foundations.
  • Community colleges
  • K-12 Independent schools

Foundations and Philanthropic Organizations

  • Private and Family Foundations
  • Community Foundations
  • Public Foundations and Charities
  • Cultural Organizations (e.g., museums, symphonies, ballets)
  • Religious Organizations
  • Social Services Organizations

Hospitals and Healthcare Organizations

  • Operating fund pools
  • Insurance and funded depreciation reserves
  • Endowment and foundation assets
  • Defined benefit pension plans


Family Offices & Trusts

Often, the management and oversight of private and family foundations' are closely linked with affiliated family offices and trusts.  These organizations have a need for professional asset management, yet they may find that traditional providers of investment services typically lack institutional rigor in their approach and sophisticated alternative asset management. Commonfund partners with family offices to provide our unique skills and institutional quality solutions to their nonprofit clients.


Pension Plans & Plan Sponsors

Since the 1990’s Commonfund has managed pension assets affiliated with U.S. and (later,) Canadian nonprofit organizations, including hospitals, colleges and universities.

Recently we broadened our plan sponsor universe beyond this nonprofit community to include public defined benefit plans.

Careers

Our employees drive the success of our company and with that in mind, we strive to create and provide an environment that offers challenging, stimulating and rewarding opportunities.

Opportunities

We are looking for dynamic team players who value innovation and collaboration. We believe that creating a diverse mix of people, ideas and talents will enhance our business performance and allow us to meet our client’s objectives.

Our Culture & Values

Commonfund fosters a culture that embraces and promotes principles of good business and professional ethics.  This approach is woven into our values and guides the day-to-day actions of every Commonfund employee.

We have a global network of professionals dedicated to delivering competitive performance for our clients. Commonfund fosters collaboration, which means our people at all levels are accessible to each other, and share ideas and best practices.

All employees have opportunities to be key contributors to our business and are part of a healthy, challenging work environment.

Commonfund Reviews

  • "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Wilton, CT
    Former Employee - Director in Wilton, CT
    Recommends
    Positive Outlook

    I worked at Commonfund full-time (More than 5 years)

    Pros

    Values employees, great clients, and mission based.
    Good people

    Cons

    None. Great company and top notch talent.

See All 47 Reviews

Commonfund Photos

Commonfund photo of: Commonfund Capital President and CEO, Peter Burns with Managing Director, Ralph Money and GI Capital Partner and Chief Investment Officer, Sakae Sugahara at the 2019 Commonfund Japan Forum
Commonfund photo of: The team at the Corporate FunRun Fundraiser for Child Guidance Center of Mid-Fairfield County
Commonfund photo of: Corporate FunRun Fundraiser for Child Guidance Center of Mid-Fairfield County
Commonfund photo of: Keith Luke, Tim Yates and Tony Ialeggio gather at the holiday party
Commonfund photo of: Elaine Mizner and George Suttles recruiting at Howard University
Commonfund photo of: Corporate 5K Team
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Commonfund Awards & Accolades

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