Commonfund Asset Management Company, Inc. (Wilton)


Commonfund Asset Management Company, Inc. is a large advisory firm based in Wilton. It manages $15.62 billion of regulatory assets for 94 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Delaware, and 15 other states.

Commonfund Asset Management Company provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Commonfund Asset Management Company: assets under management

The assets under management (AUM) of Commonfund Asset Management Company, Inc. is $15.62 billion. The firm's AUM has gone down by -38% since the beginning of its operation, and $642.4 million of the total AUM is attributable to clients outside of the United States.

The firm manages $13.9 billion in discretionary accounts and $1.72 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $157.98 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $286.73 million.
Commonfund Asset Management Company has custody of $12.75 billion in cash and securities for 92 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Commonfund Asset Management Company, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Howard Coonley serves?

The firm provides services to charitable organizations and pooled investment vehicles. The largest group of clients of Howard Coonley is pooled investment vehicles with 32 clients and $10.48 billion of assets under management. Among the 8 most similar advisory firms, Commonfund Asset Management Company has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $15.62 billion for 94 clients. 4% of the firm’s clients are foreign persons or businesses.

Commonfund Asset Management Company also advises several private funds. Namely, eleven hedge funds, two real estate funds, twenty other private funds, and four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Commonfund Asset Management Company, Inc.

The company employs 26 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Howard Coonley has been acting as President since 1 Jul 1999. Dana James Moreau joined the executive team most recently as the Vice President; Investment Committee Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. (Formerly Tcf Holding Company) Commonfund Holding Company Delaware corporation 1 Jul 1999 75% - 100% 06-1481429
John Winthrop Auchincloss Secretary & commonfund group general counsel 1 Jul 1999 Other 2951755
Arthur Zimmermann Gardiner Counsel to the president of commonfund group 1 Jul 1999 Other 2532349
William Paul Miller Senior vice president and independent risk oversight officer of commonfund group 1 Jul 1999 Other 3070551
James Patrick Feeney Director of compliance 1 Jul 1999 Other 3234646
Maryellen Beaudreault Senior vice president-fixed income 1 Jul 1999 Other 4104249
Curt R Tobey Senior vice president-international global equity 1 Jul 1999 Other 1800157
Howard Coonley Director 1 Jul 1999 Other 3010085
Eben Matthew Riordan Director 1 Jul 1999 Other 1712729
Elizabeth E. Schaefer Senior vice president-domestic equity 1 Jul 1999 Other 4104724
Jeffrey Charles Landle Senior vice president-alternative investments 1 Jul 1999 Other 1039917
Todd Eugene Petzel Chairman of the board of directors, president and chief investment officer 1 Jul 1999 Other 2945339
Laura J Whitman Treasurer 1 Jul 1999 Other 3185777
Which Indirectly Owns 100% Of Applicant Through Its 100% Owned Subsidiary The Commonfund For Nonprofit Organizations New york not-for-profit corporation 1 Jul 1999 75% - 100% 23-7037968
Curt Reisinger Tobey Senior vice president 1 Jul 1999 Other 1800157
Elizabeth Elena Schaefer Senior vice president-equities 1 Jul 1999 Other 4104724
Robert Lee Bovinetta Director 1 Sep 1999 Other 2894965
Robert Lee Bovinette Director 1 Sep 1999 Other 2894965
Andrew Kandiew Chief administrative officer 1 Aug 2000 Other 2161598
Jeffrey Alan Geller Executive vice president 1 Jan 2001 Other 2825851
Arthur Zimmermann Gardiner Counsel to the president of commonfund group, member of the board of directors 1 Jan 2002 Other 2532349
Maryellen Beaudreault Senior vice president-fixed income, member of the board of directors 1 Jan 2002 Other 4104249
Elizabeth Elena Schaefer Senior vice president-equities, member of the board of directors 1 Jan 2002 Other 4104724
Jeffrey Charles Landle Senior vice president-alternative investments, member of the board of directors 1 Jan 2002 Other 1039917
Jeffrey Alan Geller President, member of the board of directors 1 Jan 2002 Other 2825851
Robert Lee Bovinette Chairman of the board of directors 1 Jan 2002 Other 2894965
Todd Eugene Petzel President 1 Apr 2002 Other 2945339
Andrew Kandiew Chief administrative officer\treasurer 1 Apr 2002 Other 2161598
James Patrick Feeney Managing director, compliance 1 Jul 2002 Other 3234646
Michael Howard Strauss Director; executive vice president, chief investment strategist and chief economist; investment committee member 1 Feb 2003 Other 1566425
Arnold Nicholas Demonico Director; acting president & chief investment officer, ceo of hedge fund strategies; investment committee member 1 Feb 2003 Other 1139169
Laura Janine Whitman Treasurer, controller commonfund group 1 Feb 2003 Other 3185777
Laura Janine Weekes Treasurer, controller the common fund for nonprofit organizations 1 Feb 2003 Other 3185777
Lyn Hutton Chair, board of directors & cio commonfund group 1 Jun 2003 Other 2532341
Verne Owen Sedlacek Director, president & ceo commonfund group 1 Jul 2003 Other 3108811
E Lyndon Tefft Executive vice president and treasurer the common fund for nonprofit organizations 1 Oct 2003 Other 3220202
Jeffrey Thomas Long Director; managing director--head of equities; investment committee member 1 Mar 2004 Other 2243848
Carolyn Nichols Blanch Treasurer; chief administrative officer 1 Feb 2005 Other 5025237
Carolyn N. Blanch Treasurer 1 Feb 2005 Other 5025237
Sarah Elizabeth Clark Managing director--head of strategic solutions; investment committee member 1 Jul 2005 Other 3053731
David S Hertan Managing director, co-head strategic treasury solutions, investment committee member 1 Jul 2006 Other 5193283
David Scott Hertan Managing director-- co-head strategic treasury solutions; investment committee member 1 Jul 2006 Other 5193283
Alec Charles Rapaport Director; managing director--head of fixed income; investment committee member 1 Mar 2010 Other 4497705
Andreas George Calianos Managing director; investment committee member 1 Jul 2010 Other 4893945
Jon Keith Speare Managing director, head of strategic treasury solutions, investment committee member 1 Jul 2010 Other 2592890
Iii Fredric Armstrong Nelson Director; president and chief investment officer; chair, investment committee 1 Feb 2011 Other 4619723
Robert E. Phay Associate general counsel and chief compliance officer 1 Sep 2011 Other 5023604
Michael John Guido Vice president; product strategist; investment committee member 1 Oct 2011 Other 2517248
Lauren Roberta Caplan Assistant secretary 1 Sep 2012 Other 6252092
Jess William Gaspar Managing director; head of quantitative research; investment committee member 1 Dec 2012 Other 5539553
Catherine Ann Keating Director; president & ceo, the common fund for nonprofit organizations 1 Feb 2015 Other 3222275
Seth William Thomson Assistant secretary 1 Feb 2015 Other 3042886
Brian Patrick Doohan Chief compliance officer 1 Mar 2015 Other 5440523
Mark Jonathon Anson Director; president & chief investment officer 1 Jan 2016 Other 2502127
Sharad Anantha Samy Secretary; general counsel, the common fund for nonprofit organizations 1 Jan 2016 Other 5756640
Kristofer Stephen Kwait Managing director; head of investments 1 May 2016 Other 2501749
David James Scarozza Managing director, head of equities 1 May 2016 Other 2563586
James Frederick Meisner Managing director; head of fixed income 1 May 2016 Other 1231994
Timothy Titus Yates Managing director; strategic solutions group head; investment committee member 1 Jan 2017 Other 4610556
Russell Joseph Dobransky Managing director; head of fund operations 1 Jan 2017 Other 2014103
Carolyn Nichols Blanch Treasurer; vice president 1 Jun 2017 Other 5025237
Kristofer Stephen Kwait Director; managing director; head of investments; investment committee member; deputy chief investment officer 1 Jun 2018 Other 2501749
Deborah C. Spalding Managing director; deputy chief investment officer; investment committee member 1 Jun 2018 Other 2620078
Dana James Moreau Vice president; investment committee member 1 Jan 2019 Other 5870902

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
The Common Fund For Nonprofit Organizations New york nonprofit corporation 1 Jul 1999 75% - 100% 23-7037968
The Commonfund For Nonprofit Organizations New york nonprofit corporation 1 Jul 1999 75% - 100% 23-7037968

Based in Wilton

The principal office where Commonfund Asset Management Company, Inc. performs its advisory services is located at 15 Old Danbury Road, Wilton, CT 06897 0812 The mailing address of the firm is 15 Old Danbury Road, Wilton, CT 06897 0812. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-563-5000 or by fax 203-563-5306. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at commonfund.org.

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