Commonfund Capital Names Lodge as Director of Secondaries

Commonfund Capital has named Cari B. Lodge to the newly created position of director. In her new role, Lodge will oversee the firm’s growth and management of secondaries. Prior to joining Commonfund Capital, Lodge served as director of Tulane University’s investment management office where she was responsible for private equity and private real assets investments. Commonfund Capital is a subsidiary of Commonfund, an investment manager for institutional investors.

PRESS RELEASE

WILTON, CT, May 30, 2013 – Commonfund, a prominent investment manager for institutional investors, today announced that its wholly owned subsidiary, Commonfund Capital, has bolstered its business in secondary market investments.

Commonfund Capital’s substantial experience with investing in secondaries dates back to the early 1990’s. Secondary investments will serve as increasingly important components of Commonfund Capital’s core private equity, venture capital, emerging markets and natural resources investment programs.
As part of its growing focus on secondaries, Commonfund Capital announced the appointment of Cari B. Lodge to the newly created position as Director, to oversee the firm’s growth and management of secondaries. Previously a Director within Tulane University’s investment management office, Ms. Lodge was responsible for private equity and private real assets investments. Prior to Tulane, she was a Director at Credit Suisse Strategic Partners in their secondary private equity fund with over $11 billion in commitments and interests. Ms. Lodge earned A.B.s from Dartmouth in Economics and Government, and subsequently an M.B.A. from Columbia Business School.
“We view our expansion within the secondaries market as a key performance driver,” stated Susan J. Carter, President and CEO of Commonfund Capital. “The continued level of activity in this market presents a great opportunity for growth. By combining our vast access to managers and Cari’s strong experience, we look to significantly strengthen our capabilities and transactions in this arena.”
About Commonfund
Founded in 1971, Commonfund is devoted to enhancing the financial resources of long-term investors including nonprofit institutions, pension plans and family offices through fund management, investment advice and treasury operations. Directly or through its subsidiaries—Commonfund Capital and Commonfund Asset Management Company—Commonfund manages over $25 billion for over 1,400 clients. Commonfund, together with its subsidiary companion organizations, offers more than 30 different investment programs. All securities are distributed through Commonfund Securities, Inc. For additional information about Commonfund, please visit www.commonfund.org.