Cari Lodge, of Darien, has been promoted to managing director of Commonfund Capital, a wholly owned subsidiary of Commonfund, a manager for institutional investors.
Lodge has contributed to the organization's secondaries investment business and will help lead continued growth within this important investment practice.
"Since joining Commonfund last year, Cari has added material value to our efforts in the secondaries market which have and will continue to be an important area in our investment business," Don Pascal, president of Commonfund Capital Inc., said in a release.
Commonfund Capital's secondaries practice dates to the early 1990s, and under Lodge's recent direction, it continues to be a performance driver of the business, according to a release. Secondary investments serve an increasingly important component of Commonfund Capital's core private equity, venture capital and natural resources investment programs.
Prior to Commonfund, Lodge was a director within Tulane University's investment management office where she was responsible for private equity and private real assets investments.
Prior to Tulane, she was a director at Credit Suisse Strategic Partners in its secondary program with more than $11 billion in commitments and interests.