Topic: Private Markets

TIFF’s 2024 Private Markets survey results offer some interesting perspectives into how Limited Partners (LPs) view opportunities in the private markets currently, and expectations for the markets overall. Our survey respondents represent a broad swath of endowments, foundations, family office, and asset management organizations with some surprisingly different expectation for private market sector performance. Mega funds are seen as performance detractors by a large percentage of respondents, while lower middle market buyout and venture capital strategies seem more attractive relative to the larger end of the private equity market. Overall, LPs expect their private markets allocation to remain consistent or grow, against a backdrop of being at or under their target.

Download the survey summary for the full results.

In this interview, Chris Anderson from TIFF Investment Management’s Private Markets team provides insight into TIFF’s role as capital providers to independent sponsors. Anderson discusses TIFF’s journey, the evolving landscape of independent sponsorship, and the nuanced considerations guiding their partnerships with emerging sponsors in the lower-middle market.

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The materials are being provided for informational purposes only and constitute neither an offer to sell nor a solicitation of an offer to buy securities. These materials also do not constitute investment, legal or tax advice. Opinions expressed herein are those of TIFF and are not a recommendation to buy or sell any securities.

Continuation funds within the broad private equity space may be appealing to certain types of investors, as highlighted by Brendon Parry, CFA, Head of Private Markets, Deputy CIO, who emphasized their possible advantages. Parry’s insights underscored the importance of considering various factors when evaluating the potential of continuation funds that might make this an interesting vehicle to pursue.

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The materials are being provided for informational purposes only and constitute neither an offer to sell nor a solicitation of an offer to buy securities. These materials also do not constitute an offer or advertisement of TIFF’s investment advisory services or investment, legal or tax advice. Opinions expressed herein are those of TIFF and are not a recommendation to buy or sell any securities.

Brendon Parry, CFA, Head of TIFF’s Private Markets, along with Aaron Neuman, recently met with FIN News to discuss TIFF Investment Management’s latest whitepaper, Capturing Venture Innovation Across Market Cycles.

During the discussion, TIFF underscored the importance of well-constructed venture capital programs that offer differentiated access, strong sourcing, and due diligence processes to navigate the complexities of the market and its challenging exit environment.

In the article, Brendon and Aaron explain why institutions should steadily commit to early-stage venture capital for the potential of outsized returns.

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Disclaimer: To access this article, a subscription is necessary. Please note that TIFF does not possess the rights to distribute this content.

The materials are being provided for informational purposes only and constitute neither an offer to sell nor a solicitation of an offer to buy securities. These materials also do not constitute an offer or advertisement of TIFF’s investment advisory services or investment, legal or tax advice. Opinions expressed herein are those of TIFF and are not a recommendation to buy or sell any securities.

On March 6, 2024, TIFF hosted a one-hour webinar centered on the white paper titled, “Capturing Venture Innovation Across Market Cycles” hosted by Brendon Parry, CFA, and Aaron Neuman.

During the webinar, Parry and Neuman detailed how innovation persists through market cycles and explained key factors that can help investors identify and access whom we believe to be top-tier early-stage managers who partner with company founders and harness innovations.

Read the white paper, click here.

Watch the webinar recording, click here.

This webinar is for general informational purposes only and constitute neither an offer to sell nor a solicitation of an offer to buy securities. These materials also do not constitute investment, legal or tax advice. The asset classes discussed may not be suitable for all investors. Opinions expressed herein are those of TIFF and are not a recommendation to buy or sell any securities. Past performance does not guarantee future results. All investments are subject to risk, including the possible loss of principal.