Wilton, Conn.-based Commonfund has made three appointments to lead the firm’s Multi-Asset Program. The program is designed to increase investment choices and support for mid-sized nonprofits.
Steven Snyder has been named managing director and head of the Multi-Asset Program. Snyder is a 15-year veteran of Commonfund and currently serves as managing director, head of client services. He will oversee the implementation of a new back-office reporting system designed to increase each investor’s view into the analytics of their investments.
Michael Strauss serves as chief investment strategist and chief economist. He will team with Snyder to construct investment strategies to complement those available to current Multi-Asset Program clients.
Marc Bernhardt has been appointed to the role of director, portfolio strategist. He currently serves as relationship officer serving Multi-Asset Program clients.
Commonfund was founded in 1971 as an independent nonprofit investment firm. Directly or through its subsidiaries -- Commonfund Capital and Commonfund Asset Management Company – the firm currently manages close to $25 billion for endowments, foundations and pension funds.
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