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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Commonfund Makes Internal Promotion to Head of Hedge Fund Research

Dec 05, 2013
Jing Chen

Institutional investment firm Commonfund has appointed its managing director to the head of hedge fund research.

HedgeWeek reported that the promotion of Kristofer Kwait, who has been with Connecticut-based Commonfund for the last 12 years, has played a “significant influence on the hedge fund team.”

Nicholas De Monico, the chief executive officer of Commonfund hedge fund strategies group, explained that Kwait has been "instrumental in [the firm’s] ability to set a high standard in manager identification and selection, portfolio analysis, due diligence and investment monitoring." During his tenure at the firm, Kwait supervised the group's quantitative analytics team in addition to manager selection.

Founded in 1969, Commonfund manages over $24 billion in assets for nearly 1,500 institutions.

 

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