Position Type: Leadership
Leadership unified by a greater cause.
Christian Szautner joined TIFF as Chief Compliance Officer in 2008. He is responsible for all regulatory and compliance matters at TIFF, including the design, implementation and testing of the compliance programs of TIFF’s two SEC-registered investment advisers and SEC-registered mutual fund, and serves as the key liaison with regulatory agencies. Christian also provides investment and business legal support to TIFF and serves as Chief Legal Officer and Secretary of TIFF’s SEC-registered mutual fund.
Prior to joining TIFF, Christian was a partner in the Philadelphia office of Ballard Spahr, LLP, where he practiced investment management law for 11 years.
He holds a B.A. cum laude from The Pennsylvania State University and a J.D. cum laude from the University of Pennsylvania.
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Katherine Billings joined TIFF in 2017 and serves as Chief Financial Officer. Ms. Billings was previously with PricewaterhouseCoopers for almost fifteen years and most recently served as a Director in the Chief Auditor Network of PwC’s National Office, working with the national Asset and Wealth Management practice. Katherine specialized in working with private real estate investment partnerships, private equity funds, and public and private REITs. She has experience working with registered investment companies, cash flow modeling, and internal controls.
A graduate of Villanova University, Ms. Billings is a Certified Public Accountant and is registered with the American Institute of Certified Public Accountants (AICPA) and the Pennsylvania Institute of Certified Public Accountants (PICPA).
Jay Willoughby, CFA, is Co-Chief Investment Officer of TIFF Investment Management and has chaired TIFF’s Investment Committee since 2015. Having served as the firm’s sole Chief Investment Officer, he now partners with Co-Chief Investment Officer Trevor Graham to co-lead the firm’s investment strategy and oversee portfolio management, helping clients harness the full power of the endowment model and active management in support of their long-term missions
With more than four decades of investment experience, Jay developed his fundamental belief in the power of equities to drive long-term returns during his four years as Chief Investment Officer of the $50 billion Alaska Permanent Fund, his tenure as Co-Managing Partner at Ironbound Capital Management, and his near-decade at Merrill Lynch Investment Managers, where his roles included serving as CIO of the Private Investors Group, Portfolio Manager of the Merrill Lynch Real Estate Fund and Head of Research for Equity Funds.
He holds a BA in Biology from Pomona College and an MBA from Columbia University. He is also a Chartered Financial Analyst® and member of the CFA Institute.
Jay also serves on the TIFF Advisory Services (TAS) Board and the board of American Homes 4 Rent (AMH), a real estate investment trust.
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.