Commonfund has introduced a high-yield bond fund with 60% managed by...

Commonfund has introduced a high-yield bond fund with 60% managed by Credit Suisse Asset Management and 40% managed by Oaktree Capital. Both manage other fixed-income portfolios for Commonfund. Scott Vollmer, associate fund manager at Commonfund, said the $21 billion organization had included high-yield bonds as part of its bond program, but never had offered them separately until member schools requested it