The new office will serve existing nonprofit clients in the Southeast, while developing relationships in the pension field.
“The opening of our office in Atlanta provides a focused capability to better serve our current southeastern nonprofit clients while positioning us for growth in new markets such as pension funds,” said Verne Sedlacek, President and CEO, Commonfund, in the announcement. “It also allows us to be in closer proximity to the many Atlanta-based consultants that we partner with.”
Commonfund has identified strategic business opportunities in the Southeast based on several factors ranging from the rebound in endowment returns in the past year to anticipated demand for outsourced investment solutions as well as the overall volume of pension fund prospects that require investment solutions to increasingly complex investment challenges.
The office will be shared by Commonfund Managing Directors Laurie Bagley and William Moore.
Bagley brings 16 years of investment and consulting experience at Commonfund and 25 years in the investment industry. A native of Atlanta, she holds a B.S. degree in Industrial Management from the Georgia Institute of Technology.
Moore is a three-year veteran of Commonfund, who was previously the Senior Manager responsible for Deloitte’s investment consulting practice in the Southeast.Commonfund, headquartered in Wilton, Connecticut, also serves clients through regional offices located in Los Angeles, and San Francisco. International investment offices are located in London and Beijing.