Commonfund Taps UBS Vet As Chief Risk Officer

Apr 18 2011 | 10:41am ET

Commonfund, an institutional investment manager with $26 billion AUM and 1,500 clients, has tapped David Belmont as chief risk officer of the Commonfund Group.

Belmont has specialized in institutional risk management for the past 17 years.  Before joining Commonfund, he was with UBS, where he served as global head of hedge fund credit and managing director-risk management for UBS Prime Services. Prior to UBS, Belmont spent over six years in Singapore with Temasek, the country’s $100 billion sovereign wealth fund—most recently as its chief risk officer. He has also worked for Anderson, Black River Asset Management and Citicorp.

In his new role, Belmont will report directly to Verne Sedlacek, president and CEO of Commonfund Group and to the audit and risk management committee of the Commonfund board of trustees. He will also serve as a member of the Commonfund investment policy and asset allocation committee, and will have risk management oversight of all Commonfund investment programs.

“This is important news for Commonfund and our clients as we are able to hire somebody with David’s technical and practical skills and proven track record,” said Sedlacek. “His deep quantitative knowledge combined with his experience with leading institutional investors brings a wealth of knowledge to Commonfund and to our clients.”

 


In Depth

Hedge Funds Take Interest In ‘Soft Deposits’

Nov 19 2014 | 11:56am ET

New York-based Winchester Equities, headed by Avi Benamu and Jack Hazan, funds soft...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.