Tag: #cio #TIFF #nonprofit #foundations #endowments #ocio

Kane Brenan, TIFF’s CEO, is cited in the August 11, 2022 issue of FundFire. Kane is quoted on discussing the returns for endowments this fiscal year and the importance to focus on the long-term.

Endowments and Foundations See Losses in Early 2022 Numbers

Investors have committed billions of dollars over the past several years to fund managers that buy modest stakes in private-equity firms, but some of those same investors now want to go it alone.

“Private equity is a great business to own with highly recurring revenue, high free cash-flow margin, large upside kicker in the form of [profit shares or] carried interest,” said Brendon Parry, managing director of private investments with TIFF Investment Management. The nonprofit organization, which acts as an outsourced chief investment officer for other nonprofit groups and foundations, is considering investing directly in firm-management companies.

More Investors Consider Direct Route to Owning Stakes in Private Firms

With fixed income falling short in protecting on the downside, TIFF Investment Management is betting on hedge funds to help diversify some investment risks.

Despite the bad headlines and their mixed track record, TIFF Investment Management, the $8 billion outsourced chief investment officer for endowments and foundations, will keep betting on hedge funds to soften the blow of market stress.

Traditional Managers Have ‘Nowhere to Hide.’ Can Hedge Funds Pick Up the Slack?

TIFF Investment Management’s CIO, Jay Willoughby, is cited in the June 17, 2022 issue of The Wall Street Journal. Jay is quoted on a potential recession from the Fed tightening and the impact that yields on the 2-year treasury note have on inflation.

U.S. Stock Wobble as Volatile Trading Persists

Hedge funds can provide critical protection for institutional portfolios amid the current volatility, according to a recent paper from TIFF Investment Management, an outsourced chief investment officer, or OCIO, that serves mostly nonprofit investors.

Certain hedge fund strategies can provide a “happy medium” between fixed income and equities in investor portfolios, said Zhe Shen, co-portfolio manager for diversifying strategies at TIFF. That’s especially as fixed income – traditionally depended on to provide stability during equity drawdowns – has been experiencing losses along with the equities market, he said.

Read the full article, FundFire: Hedge Funds Offer ‘Happy Medium’ Between Equities, Fixed Income: OCIO