Wednesday, 28 January 2015
Last updated 13 min ago
Jan 28 2013 | 10:06am ET
Institutional money manager Commonfund has promoted three and made two senior hires.
Commonfund Capital, its wholly owned subsidiary, has promoted Leenong Li, head of the firm's Beijing office, to managing director while managing director Mark Hoeing adds the title head of Europe and managing director Brijeh Jeevarathnam becomes co-head of venture capital.
Commonfund Capital invests in global private equity, venture capital and natural resources,
Li, who also heads Asian initiatives, joined Commonfund in 2010; Hoeing, who has led the London office since 2009, joined in 2005; and Jeevarathnam in 2006.
Hoeing and Jeevarathnam will also join the Commonfund Capital investment committee.
In addition, Tim Yates has rejoined Commonfund Capital as a managing director, a new position responsible for portfolio construction of its separate/custom accounts. Yates joined Commonfund Capital’s rotational analyst program in 2000, and was part of Commonfund’s strategic solutions team for the last 10 years.
Dave Jensen joins as an associate director, a new position focusing on private equity, from Portfolio Advisors, where he specialized in due diligence on private equity, venture capital and emerging markets opportunities.
“This is a very exciting and important time for Commonfund Capital. Investors are operating in a challenging economic environment that tests us every day to identify and invest in managers and companies that offer opportunities for positive returns,” said Sue Carter, president and chief executive officer. “We are very proud to recognize members of our team who have all made invaluable contributions to our business and have helped us maintain one of the industry’s strongest management teams.”
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