Wilton, Conn.-based investment manager Commonfund has hired former Goldman Sachs risk management specialist Irakli Odisharia for its risk management team.
Odisharia will serve as a director, reporting to David Belmont, Commonfund’s chief risk officer David Belmont. Odisharia will be responsible for enhancing quantitative market risk analytics in addition to stress-testing Commonfund client portfolios and funds.
Besides working Goldman Sachs’ market risk modeling team, Odisharia also worked in that firm’s equities division and its equity volatility group.
“In the current economic climate and global political landscape, risk management is more critical than ever before, but also much more complex,” said Belmont, in a statement. “Irakli brings with him a multi-asset class perspective on risk analysis and modeling which will ultimately provide our clients and underlying managers with a clear understanding of the risk/return profile of their portfolios.”
Commonfund serves nonprofit institutions, pension funds and other 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.