TIFF Welcomes New Board Member Bola Olusanya

TIFF Investment Management is pleased to welcome Bola Olusanya to the Board of Directors of TIFF Advisory Services, Inc.

Bola Olusanya serves as Chief Investment Officer at The Nature Conservancy (Arlington, VA), the global environmental organization dedicated to conserving land and water, and has more than 20 years of experience in investment management as both an executive and thought leader in both the nonprofit, conservation and investment industries.

Mr. Olusanya’s expertise, unique nonprofit experience and knowledge will support TIFF’s asset allocation and portfolio construction in addition to Board governance and oversight.
Prior to his role at The Nature Conservancy, Mr. Olusanya was a Managing Director at Key Private Bank and Strategic Investment Group. He has also held positions at Vanderbilt University’s investment office, Emory University’s investment office, and senior positions within the Nigerian banking sector.

For more information on TIFF’s Board, visit: TIFF Board of Directors.
All data as of September 30, 2021

Independent Boards
Bola Olusanya
Advisory Board Member
CIO - The Nature Conservancy

Bola Olusanya joined The Nature Conservancy in March 2020 as the Chief Investment Officer. He provides leadership, vision and oversight to the management and strategic growth of the Conservancy’s $3B long-term investment assets. Bola has over 20 years of experience in investment management as an executive and a thought leader. Prior to joining TNC, he was a Managing Director at Key Private Bank where he led asset allocation, portfolio strategy and manager research for the bank’s $40B investment management business.

Previously, Bola was a Managing Director at Strategic Investment Group, a $37B Outsourced-CIO firm, where he co-managed the public equity portfolio as well as the firm’s emerging manager program. Before that, he was a Managing Director at Vanderbilt University’s investment office where he oversaw asset allocation, risk management and manager selection for the university’s $6B endowment. Earlier in his career, Bola worked at the $8B Emory University’s investment office and held senior positions within the Nigerian banking sector.

Bola received his MBA in Finance from the Goizueta Business School at Emory University and holds an M.S. in Computer Science from the University of Lagos, Nigeria. He obtained his B.S. in Computer Science from the University of Ibadan, Nigeria, where he graduated with First Class Honors.

More Team Members
Alyssa Rieder
Advisory Board Member
Bola Olusanya
Advisory Board Member
Deborah D. Boedicker, CFA
Advisory Board Member
Jennifer Deger
Mutual Fund Board Member
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TIFF Webinar: Private Equity Education and Q&A with Williams College

TIFF hosted a webinar with Williams College titled Private Equity Education and Q&A on September 30th.   Chris Anderson, Brendon Parry, CFA, and Kevin O’Connell, CFA were joined by Julia Crosby, Managing Director, from the Williams College Investment Office.

The discussion included a review of key fundamental principles of private equity investing and why it remains an important component of endowment portfolio construction.  TIFF introduced a Private Equity Primer to provide information about Private Equity basics on the call.  You can access the Private Equity Primer here.

You can view the webinar through the link below.

Webinar: Private Equity Education and Q&A

Please note that this webinar has been edited from its original recording to shorten its length.  This webinar is for general informational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy securities. The asset classes discussed may not be suitable for all investors.  All expressions of opinion are subject to change.  Past performance does not guarantee future results.  All investments are subject to risk, including the possible loss of principal.

PANELISTS

JULIA T. CROSBY
Managing Director, Johnson, Williams College Investment Office
Julia Crosby serves as Managing Director, focusing on global public equity (long-only) and private equity (buyouts, venture capital, and real estate). Prior to joining the Investment Office in 2012, Ms. Crosby was a Research Consultant at NEPC, Private Equity Senior Manager at Alcatel-Lucent Investment Management Corporation, Vice President at Silicon Valley Bank, and Senior Associate at BancBoston Capital. Ms. Crosby holds a B.S. in Business Administration from Babson College.

CHRIS ANDERSON
Director, Private Investments – TIFF Investment Management
Chris Anderson joined TIFF in 2015. He performs investment research and selects and monitors external investment managers, secondary interests, and co-investments, focusing on TIFF’s Private Investments Program. Prior to joining TIFF, Mr. Anderson spent six years managing the private equity portfolio for Alcatel-Lucent Investment Management Corp., and three years as an investment associate focusing on buyout and venture capital investments at SVG Advisers. He holds a BS in marine engineering systems from the United States Merchant Marine Academy and an MBA from the F.W. Olin Graduate School of Business at Babson College. Mr. Anderson also serves as Chairman of the private equity committee for the Babson College Endowment and is a member of the College’s investment committee.

BRENDON PARRY, CFA
Managing Director, Private Investments – TIFF Investment Management
Brendon Parry joined TIFF in 2011 and serves as a Managing Director, overseeing TIFF’s Private Investments Program, including the selection and monitoring of external managers, secondary interests, and co-investments; risk management; and portfolio construction. He is a member of TIFF’s Investment Committee. Prior to joining TIFF, Mr. Parry was a Senior Associate at Providence Equity Partners and worked in the consulting group at Cambridge Associates. Mr. Parry holds an AB in economics from Brown University and an MBA from Harvard Business School. He is a CFA charterholder and serves on the Investment Committee of Belmont Day School.

KEVIN O’CONNELL, CFA
Director, Member Strategy – TIFF Investment Management
Kevin O’Connell joined TIFF in 2017 and serves as a Director in the Member Strategy Group. He focuses on outreach to existing and interested member organizations, communicating TIFF’s strategies, portfolio characteristics, investment approach, and policies. Before joining TIFF, Mr. O’Connell was a vice president in the Private Wealth Management group at Goldman Sachs and previously served in outreach roles at BNY Mellon Investment Management and Westfield Capital Management. He holds a BA in art history from Boston College, holds an MBA from the University of Virginia’s Darden School of Business, and is a CFA charterholder. Mr. O’Connell serves as President of the Alumni Council of The Roxbury Latin School and and is a member of the Weston Soccer Club Board of Directors.

TIFF Private Equity Primer

TIFF aims to serve the private equity investment needs of our nonprofit members.  We recently developed a Private Equity Primer as a guide to understanding the basics of private equity.  You can access the primer by clicking on the Download PDF link above.

3rd Quarter 2021 CIO Commentary

COVID Dynamics and Evolving Market Risks

The world is currently amid a COVID Delta variant surge.  Vaccines seem to be working fairly well against this new and more virulent Delta variant, but not perfectly.  Exact data has been hard to come by, but for the most part the serious cases of infections are so far occurring predominantly in unvaccinated people. With football starting and stadiums filling with excited fans we will really put vaccine efficacy to the test this fall.  The economic assistance programs that kept many countries afloat during the initial outbreak are ending, causing enormous numbers of people to face the dilemma of risking their health to work, or risking their financial well-being to stay home.  Rather than reinstituting assistance programs, many governments, including here in the US, are taking a harder line, and implementing mandatory vaccines for workers.  Mandatory vaccinations by governments and businesses will likely remain a controversial topic this fall and winter.  What we will try and do in this letter is outline what we believe are the potential impacts of these developments on the financial markets.

This is an excerpt from a longer article. Please download the PDF to read more.