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LP profile

Commonfund

Fund of fund · Founded 1971 · Wilton, United States

#147 LP Ranking #23 of 264 funds of funds

Investment arm of commonfund specializing in both direct, fund of fund investments, and secondary

68 VC firms backed
$16B AUM
01 · Background

Who Commonfund is.

Historical Background
Commonfund was established in 1971 with a $2.8 million seed grant from the Ford Foundation to provide investment solutions for nonprofit organizations. The firm commenced operations with $72 million in assets from 63 founding college and university endowments, aiming to address lagging investment returns in the higher education sector.
Source of Capital
As a private nonprofit organization, Commonfund manages customized investment programs for endowments, foundations, public pension funds, and other mission-driven institutions.
Allocation Strategy
The firm's investment activities are focused on outsourced solutions, alternative investment strategies, and private capital. Through its global private capital solutions provider, CF Private Equity, Commonfund offers strategies in private equity, venture capital, and natural resources. The firm is active across global capital markets, investing in both public and private markets.
02 · Fund commitments

The funds Commonfund backs.

Commonfund is a limited partner in 68 funds. 11 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Accel
United States
#4 Power Law
Kleiner Perkins
United States
#18 Power Law
Insight Partners
United States
#23 Power Law
Atlas Venture
United States
#53 Power Law
IVP
United States
#84 Power Law
Eurazeo
France
#90 Power Law
Meritech Capital
United States
#107 Power Law
Qiming Venture Partners
Hong Kong
#144 Power Law
Foundation Capital
United States
#155 Power Law
Summit Partners
United States
#168 Power Law
Sierra Ventures
United States
#254 Power Law
Acacia Venture Partners
United States
03 · Allocation

How Commonfund’s fund book is spread.

The 68 funds Commonfund backs, by where the manager is headquartered and how many funds that manager has raised.

Where those managers are based

By fund headquarters.

  • North America 4769%
  • Europe 1826%
  • Rest of world 34%

United States 46 · United Kingdom 9 · France 4 · Germany 2

How established those managers are

Managers grouped by how many funds they have raised — across the 45 of 68 with a fund history on record.

Emerging funds · 24
Established funds · 21
13 1
6 2
5 3
1 4
4 5-6
9 7-9
5 10-14
2 15+
Funds raised by the manager
04 · Direct investments

The companies Commonfund backs directly.

Commonfund holds 12 companies directly, separate from the funds it commits to as a limited partner.

Celonis
Enterprise Software · Germany
$13B valuation Decacorn
LetsGetChecked
Health · USA
$1.0B valuation Unicorn
Gotham Greens
Food · USA
$620M valuation
Arrail Dental Clinic
Health · China
$800M valuation
Vast Data
Enterprise Software · USA
$30B valuation Decacorn
Tebra
Health · USA
$1.0B valuation Unicorn
Holidu
Travel · Germany
$413M valuation
Kaltura
Media · USA
$279M valuation
PatientPop
Health · USA
$200M valuation
Gigya
Enterprise Software · USA
$350M valuation
Visible Measures
Media · USA
$28M valuation
AnyRoad
Marketing · USA
$188M valuation
05 · Portfolio market map

Inside Commonfund’s portfolio.

The 12 highest-funded portfolio companies, of 11 tracked.

Celonis
Enterprise Software · Decacorn
$13B
LetsGetChecked
Health · Unicorn
$1.0B
Gotham Greens
Food
$620M
Arrail Dental Clinic
Health
$800M
Vast Data
Enterprise Software · Decacorn
$30B
Tebra
Health · Unicorn
$1.0B
Holidu
Travel
$413M
Kaltura
Media
$279M
PatientPop
Health
$200M
Gigya
Enterprise Software
$350M
Visible Measures
Media
$28M
AnyRoad
Marketing
$188M
06 · Portfolio founders

Where Commonfund’s portfolio founders come from.

27 founders across the 12 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. United States12
  2. Germany7
  3. Israel4
  4. Ireland1
  5. Netherlands1
UniversityCount
  1. Technical University Munich3
  2. Tel Aviv University3
  3. New York University2
  4. University of California, Berkeley2
  5. Yale University2
  6. Aarhus University1
  7. Arizona State University1
  8. Charles University1
  9. Colgate University1
  10. Comillas Pontifical University1
Previous companyCount
  1. Meredith Corporation2
  2. Popsugar2
  3. POPSUGAR2
  4. 451 Research1
  5. Aspen Healthcare1
  6. Atlas Venture1
  7. Beltone1
  8. Cameron Thomson Group1
  9. Chronicle Books1
  10. Cisco1
08 · Key people

Key people at Commonfund.

Source: Dealroom next-gen API — investor team endpoint.