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Commonfund appoints Hill as managing director of OCIO business development.

Friday, July 31, 2020
Opalesque Industry Update - Commonfund, a leading asset manager for nonprofit organizations, today announced the appointment of Terrence (Terry) Hill as Managing Director, Business Development. In this role, Terry will be responsible for the management and development of outsourced CIO (OCIO) solutions for endowments, foundations and other philanthropic organizations across the Midwestern United States. Based in Commonfund's Chicago office, he will serve as a member of the Commonfund Asset Management Sales & Service team and lead efforts in Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio and Wisconsin.

Terry joins Commonfund from Bank of America Private Bank, where he led OCIO business development efforts in the Midwest for endowments, foundations, healthcare organizations and other institutions. Before Bank of America, he spent more than eight years at Hirtle, Callaghan & Co., where he oversaw the Midwest team and managed OCIO client development and experience throughout the region.

"Terry brings over fifteen years of institutional OCIO experience to Commonfund, along with a sophisticated understanding of philanthropic organizations and their unique investment needs," said Tim Yates, President and CEO of Commonfund Asset Management. "As nonprofits face unprecedented challenges to their business models and resources, Terry will play a key role in bringing Commonfund's tailored investment solutions to these critically important institutions."

Terry earned his B.S. in Finance at Indiana University, a J.D. at DePaul University, and M.B.A. from Northwestern's Kellogg School of Business.

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