Commonfund's Kwait Adds HF Research To Responsibilities

Wilton, Conn.-based Commonfund, an institutional investment firm, has given managing director Kristofer S. Kwait a second title—head of hedge fund research.

Kwait, who has been with the firm for 12 years, has had “a significant influence on the hedge fund team,” according to Commonfund. In addition to assisting with manager selection, Kwait has also supervised the group's quantitative analytics team.

“Kris’ ability to navigate both the qualitative and quantitative sides of the business has been a key element of our success in offering customized hedge fund investment solutions,” said Nicholas De Monico, CEO of the Commonfund hedge fund strategies group, in a statement.

Founded in 1971, Commonfund focuses on long-term investors including nonprofit institutions, corporate pension plans and family offices. Directly or through its subsidiaries—Commonfund Capital and Commonfund Asset Management Company—the firm manages nearly $25 billion for about 1,400 clients.