Category: Press

TIFF Investment Management is pleased to welcome Jennifer Deger to our TIFF Investment Program (TIP) mutual fund Board.

Jennifer Deger, Director of Finance and Global Controller at the Bill & Melinda Gates Foundation has been elected to the TIP mutual fund Board. In her role, Ms. Deger is responsible for overseeing the global tax and accounting functions for the foundation with over $50 billion in assets and multiple offices and subsidiaries.  Ms. Deger and her team manage the annual financial statement audits, international payroll, annual disbursements of over $6B, general ledger accounting, employee expense management, tax, and regulatory filings.

For over 30 years TIFF’s Boards have included many of the nonprofit industry’s most prominent CEOs, CIOs, and other financial executives. Ms. Deger brings significant financial expertise to TIFF and will support the Board’s mission to provide insight into asset allocation, portfolio construction, governance, and the selection of investment managers.  For more information on TIFF’s Boards, visit: TIFF Board of Directors.

TIFF CIO, Jay Willoughby’s interview with FundFire’s Dervedia Thomas where he discussed mistakes that institutions make that can cause them to underperform was selected as a top video for 2021.

If you have a subscription, you can view the video through the link below.

FundFire – Top Videos of 2021

Hiring of Shen marks seventh senior hire in 2021 further bolstering TIFF’s investment capabilities

TIFF Investment Management is pleased to announce that it has hired Zhe Shen as a Director of the Diversifying Strategies group. In this role, Shen will join a team responsible for evaluating and selecting a global portfolio of diverse managers expected to provide positive returns exceeding bonds and portfolio diversification while maintaining approximately a 0.3 beta to the equity market.

Shen joins TIFF from Portland House Partners where he was a Portfolio Manager on two external funds, an alternative portfolio, and a long/short equity portfolio which reached $1 billion in market value at their peak. Prior to his tenure at Portland House, Zhe was at AllianceBernstein and Goldman Sachs Asset Management where he held positions in research and business analysis.

“We are delighted to welcome Zhe to TIFF,” said Jay Willoughby, Chief Investment Officer of TIFF. “Zhe will be a valuable member of our diversifying strategies investment team.  The combination of Zhe’s strong analytical skillset and broad investment experience make him an ideal addition to the team.”

Born and raised in China, Shen earned a bachelor’s degree in Finance and Economics from the University of Wisconsin – Madison and has earned the CFA designation.

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

TIFF’s Dedicated Sustainable Strategies Mark One-Year Anniversary

RADNOR, PA – July 2021

TIFF Investment Management (“TIFF”), an OCIO manager that oversees $7.5 billion in assets, including committed capital, as of June 30, 2021, is pleased to announce the one-year anniversary of its dedicated sustainable strategies.

While the concept of “sustainable investing” has been garnering increasing interest in recent years, TIFF has long considered environmental, social, and governance (ESG) issues when performing investment manager research.  In 2020, TIFF further expanded our ESG efforts by launching multiple dedicated sustainable strategies designed to help our nonprofit members invest using an ESG-focused approach.

TIFF’s sustainable strategies seek to invest while maintaining a positive environmental and social impact.  The strategies invest in managers TIFF believes are leaders in ESG integration and corporate engagement, as well as thematic managers investing in areas such as energy transition, resource efficiency, water, and healthcare.

TIFF’s sustainable strategies currently invest in public equities, hedge funds, and fixed income.  We engage deeply with our managers and our broader network of stakeholders on ESG and diversity, equity, and inclusion (DEI) issues, seeking to promote best practices across the investment industry.  Through this work, we aim to meet our members’ investments goals while having a positive impact on the world.

For more information, visit https://tiff-staging.durkancloud.net/sustainable-investments/.

All investments involve risk, including possible loss of principal.

Not all strategies are appropriate for all investors. There is no guarantee that any particular asset allocation or mix of strategies will meet your investment objectives. Diversification does not ensure a profit or protect against a loss.

This article is being provided for informational purposes only and constitutes neither an offer to sell nor a solicitation of an offer to buy securities. Offerings of securities are only made by delivery of confidential offering materials, which describe certain risks related to an investment and which qualify in their entirety the information set forth herein.

This article is not investment or tax advice and should not be relied on as such. Opinions expressed herein are those of TIFF and are not a recommendation to buy or sell any securities.