Position Type: Investments

Stephen Williams, CFA joined TIFF in 2015 as a senior member of the Private Markets group. He is focused on managing the private equity and venture capital segments of the portfolio. His responsibilities include overseeing all aspects of private market investments, including primary fund commitments, PE direct investments alongside funds and independent sponsors, and secondary investments. Stephen also concentrates on asset allocation and portfolio modeling, providing support to the broader investment team, and assisting TIFF’s clients in developing long-term exposure to private markets.

Prior to joining TIFF, Stephen began his career at Cogent Partners, a boutique investment bank serving the private equity secondary market.

A CFA® charterholder and member of the CFA Society Boston, Stephen earned a BA in Mathematics from the University of Chicago and an MA in History from Yale’s Graduate School of Arts and Sciences, where he specialized in early modern European economic history and cross-cultural trade. Initially located in TIFF’s Boston office, he is now based in Los Angeles, CA.

Brendon Parry joined TIFF in 2011 and serves as Head of Private Markets, Deputy CIO and Managing Director. He works across all aspects of TIFF’s private markets efforts and manages its private portfolio, which is focused on early-stage venture capital and lower middle market buyout and growth equity. He and the private markets team invest across primary fund commitments, PE direct investments alongside funds and independent sponsors, and secondary transactions. Brendon also serves on TIFF’s Investment Committee, on the Belmont Day School investment committee, and as a board observer for TIFF’s direct investments in ARCM, ATSG, Bobcat of Connecticut, Calpine Containers, Service Country, SMART Safety and Team First.

Previously, Brendon worked at Providence Equity Partners, a leading technology, media, and communications private equity firm. Before entering the direct private equity world after business school, he began his career focused on private markets consulting at Cambridge Associates and earned his CFA® charter concurrently.

He earned his AB in Economics at Brown University and his MBA at Harvard Business School, where he was first introduced to TIFF working with a finance professor on an HBS case study and became captivated by TIFF and its mission.

Trevor Graham is Co-Chief Investment Officer of TIFF Investment Management. He co-leads the firm’s investment strategy, asset allocation, and portfolio construction, helping to guide client portfolios in support of long-term objectives.

Since joining TIFF in 2012, Trevor has been a voting member of the Investment Committee and worked closely with Jay Willoughby and TIFF’s prior CIO in shaping portfolios across public equities, hedge funds, and real assets. His experience spans asset allocation, manager selection, and risk management, with a focus on integrating investment insights across asset classes to drive consistent, long-term performance.

Prior to TIFF, Trevor held investment roles at New York-Presbyterian Hospital and The Museum of Modern Art, where he focused on endowment management and portfolio construction. Earlier in his career, he worked on direct investments at Putnam, focusing on asset manager transactions, and in venture capital at Lehman Brothers, investing in emerging technology businesses. He began his career in Lehman’s technology mergers and acquisitions group.

Trevor earned a BA in Economics from Vanderbilt University, where he was inducted into the Phi Beta Kappa honor society, and an MBA from the Yale School of Management, where he was recognized as a Dean’s Scholar. He serves on the Advisory Board and Investment Committee of The Trustees of Reservations, a leading land conservation organization in Massachusetts.

Fiona Chow joined TIFF in 2018 and serves as the Director in the Diversifying Strategies group. Fiona is responsible for evaluating and selecting a global portfolio of specialist managers investing in niche markets who have a competitive edge in their space. Previously, she performed investment research and analysis, focusing on risk and construction of portfolio solutions for TIFF.

Prior to TIFF, she was a Senior Business Analyst at Altair Management Consultants and a Derivatives Specialist at State Street Corporation.

Fiona is a CFA® charterholder and she holds a BS degree in Business Administration from Boston University.

Brad Calder joined TIFF in 2015 and serves as Managing Director of the Public Equities group. In this role, he oversees public equity investments across client portfolios, as well as select arbitrage and crypto strategies. He plays a central role in manager selection and portfolio construction.

In addition to his work at TIFF, Brad serves on the investment committee of Founders Pledge, a research-driven nonprofit, where he advises on investment strategy.

Prior to TIFF, Brad was a generalist investor at The Wallace Foundation and The Lepercq Group (a family office), investing across asset classes. Earlier in his career, he lived in Shenzhen, China, where he taught English at a public primary school and founded an education consulting business.

Brad graduated from the University of Rochester with dual degrees in Economics and Philosophy with highest distinction and completed a TEFL certification at Peking University.