Tuesday, 9 February 2016
Last updated 16 hours ago
Mar 10 2011 | 11:01am ET
Institutional investment manager Commonfund has opened a new office in Atlanta in order to serve existing nonprofit clients in the Southeast and bring on new ones in the pension field.
“The opening of our office in Atlanta provides a focused capability to better serve our current southeastern nonprofit clients while positioning us for growth in new markets such as pension funds,” said Verne Sedlacek, president and chief executive officer of the Commonfund. “It also allows us to be in closer proximity to the many Atlanta-based consultants that we partner with.”
Commonfund has identified strategic business opportunities in this region based on several factors ranging from the rebound in endowment returns in the past year to anticipated demand for outsourced investment solutions as well as the overall volume of pension fund prospects that require investment solutions to increasingly complex investment challenges.
The office will be shared by Commonfund managing directors Laurie Bagley and William Moore. Bagley brings 16 years of investment and consulting experience at Commonfund and 25 years in the investment industry. Moore is a three-year veteran of Commonfund, and was previously the senior manager responsible for Deloitte’s investment consulting practice in the Southeast.
Commonfund, headquartered in Wilton, Conn., also serves clients through regional offices located in Los Angeles, and San Francisco. International investment offices are located in London and Beijing.