Institutional money manager Commonfund has tapped Brett Lane for the newly created position of managing director, hedge fund strategies.
Prior to joining Commonfund, Lane was senior vice president, head of Americas alternative investments sales & marketing for HSBC Private Bank. He was the director of proprietary alternative investment sales for hedge fund, private equity and private real estate products. He also was senior vice president, alternative investments product manager for the Private Bank Americas region (U.S. and Latin America).
In his new role at the Wilton, Conn.-based Commonfund, Lane will report to A. Nicholas De Monico, CEO, Commonfund hedge fund strategies group, and work alongside the firm’s account-specific “relationship officers” to help develop customized hedge fund solutions for its current and future clients.
“Brett is an integral addition to Commonfund, coming at an important time for the hedge fund strategies group as we expand market share and consider additional hedge fund solutions to develop,” said Nick De Monico, CEO, Commonfund hedge fund strategies group. “As hedge fund strategies become more prevalent, Brett’s past experience will help ensure that our portfolio of hedge fund solutions are positioned to reflect the needs of investors in the endowment, foundation and pension community at-large.”
Commonfund is an institutional investment firm serving nonprofit institutions, pension funds and other leading institutional investors offering a broad range of investment solutions in traditional and alternative strategies. Directly or through its subsidiaries—Commonfund Capital and Commonfund Asset Management Company—Commonfund manages $26 billion for 1,500 clients.