As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 11 hours ago
Oct 10 2012 | 9:41am ET
Wilton, Conn.-based institutional investment manager Commonfund has named Eric W. Kolts as managing director in its commodities group.
Kolts joins Commonfund from Merit Commodity Partners (Global Commodity Finance) where he was head of global marketing & sales. Previously, he served as as vice president-product manager, commodity indices at Standard & Poor’s. He was also a director at Dow Jones Indexes where he focused on commodities indices.
Kolts will be based in Wilton and report to Tyler Stevens, his fellow managing director in the commodities group.
“Eric is an important and timely addition to our commodities group as we broaden our tailored commodities investment solutions,” said Commonfund President and CEO Verne O. Sedlacek. “Our commodities group has been together since 2005. Eric will be an instant fit. He will immediately add value to existing and new client relationships.”
In this newly created position, Kolts will help develop new commodities strategies, as well as assisting in the marketing and positioning of the organization’s commodities strategies.
Directly or through its subsidiaries—Commonfund Capital and Commonfund Asset Management—Commonfund manages $26 billion for 1,500 clients.