Q1 2024: Small-Cap Equity Hiring Sees Uptick

Trevor Graham, TIFF’s Head of Equities, Deputy CIO and Managing Director, provides insights into the efficiency, benefits, and risks of small-cap equities, along with their potential future trajectory of this market segment. Additionally, Graham discusses TIFF’s investment approach and the ongoing debate between value and growth strategies in the small-cap space.

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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.

The Stock Market Will Rise Nearly 10% More This Year, Money Managers Predict in Barron’s Latest Poll

Against the backdrop of inflationary risks, TIFF CIO Jay Willoughby continues to be optimistic for 2024 in the face of this worry, citing “we have a wall of worry that is climbable”, as shared in a recent Barron’s interview for their Big Money Poll.

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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.

OCIOs Consolidating for More Alts Access

TIFF Investment Management CEO Kane Brenan discusses the recent consolidation among Outsourced Chief Investment Officer (OCIO) firms and the industry’s rapid growth. He highlights the appeal of the OCIO model, focusing on governance, access to managers, and talent for investment committees. Brenan underscores TIFF’s access to investment managers, particularly venture capital practitioners, that are often closed to other allocators, offering distinct investment opportunities for clients. He also discusses the advantage of firm size, enabling TIFF to make allocations in high-performing venture capital funds and propelling its historical performance above benchmarks.

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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.

Continuation Funds Can Provide Growth Opportunities For Certain Institutions

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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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.

Investors Must Have Strong Sourcing, Steadily Commit to Early-Stage Venture Capital for Outsized Returns

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.