Commonfund Appoints Mark Anson As CEO And President
Commonfund, an asset manager for endowments, foundations and public pension investors with $25 billion in assets under management, announced today that its Board of Trustees has unanimously appointed Mark Anson as President and Chief Executive Officer to lead the firm, succeeding Catherine Keating, who will be leaving Commonfund at the end of the month and has accepted a senior position at BNY Mellon. Mr. Anson will continue to serve as the Chief Investment Officer and the Chairman of the Boards of Commonfund Capital Inc. and Commonfund Asset Management Company, Inc.
"Commonfund is very fortunate to have a highly experienced leadership team," said Dr. Robert B. Litterman, Chairman of Commonfund's Board of Trustees. "I have known Mark Anson for 25 years. He is a seasoned investment professional who has successfully led some of the world's largest asset management platforms. The Board and I are highly confident in Mark's ability to lead Commonfund through its next exciting phase of growth."
Dr. Litterman added, "Catherine embraced Commonfund's three pillar mission of performance, service and insight with passion and energy. Under her leadership the firm strengthened and enhanced each pillar to the benefit of its clients. The work of the Commonfund team earned the firm recognition as one of the industry's most trusted asset managers in the US Institutional Investors Brandscape®, Cogent ReportsTM study by Market Strategies International each of the last two years1. Having achieved the goals we set for her at Commonfund, Catherine has decided to accept a new challenge in a senior position with BNY Mellon. We are very grateful for her contributions and wish her well in the future."
Mark Anson added, "I appreciate the confidence that the Board has placed in me to lead the firm and advance its mission, and I am committed to build upon the strong foundation that we have put in place over the last several years."
The Board of Trustees also announced today that Mark has appointed Deborah Spalding and Kristofer Kwait as Deputy Chief Investment Officers. Deborah is currently responsible for the design, tailoring, and implementation of custom investment solutions for Commonfund's investment advisory clients. Prior to joining Commonfund, she was the Chief Investment Officer for the State of Connecticut's $30 billion Retirement Plans and Trust Funds. Kris is currently Head of Investments and responsible for leading the marketable equities, fixed income, hedge funds and real assets investment teams as well as research and analytics. Kris oversees manager selection and due diligence as well as portfolio construction for more than $12 billion in assets under management. Kris has been with Commonfund for 16 years.