Friday, 27 March 2015
Last updated 2 hours ago
Jul 1 2013 | 10:15am ET
Commonfund has named Donald T. Pascal president of Commonfund Capital, its $13.5 billion private equity, venture capital and natural resources subsidiary.
Pascal, who has been with Commonfund Capital for 15 years, succeeds Susan J. Carter as president, although Carter will retain her role as chief executive officer with responsibility for overall strategic leadership of the group.
“Don and I have worked closely together for the last 15 years, and I am confident that Commonfund Capital will rise to even greater heights with Don’s leadership,” said Carter in a statement.
Pascal joined Commonfund in 1998 having previously worked at Victory Ventures, Noel Group and The Prospect Group—all private capital funds organized by Louis Marx, Jr. Prior to that, he worked at E.M. Warburg Pincus & Co. and Strategic Planning Associates. He has 30 years of direct private capital and multi-manager investment experience, including sourcing, negotiating and monitoring direct investments.
The Commonfund Capital Operating Committee, which includes Carter and Pascal along with managing directors Greg Jansen and Peter Burns and CFO Linda Costa, will continue managing all aspects of the Commonfund Capital as it has for the last 15 years.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…