Rochester: June 19, 2019
TIFF Investment Management invites you to join Doug Phillips from the University of Rochester's Endowment Office and Jay Willoughby, TIFF CIO, for an investors' breakfast conversation concerning today's capital markets and managing non-profit portfolios.
The pressures facing non-profit organizations seem to have accelerated in recent years with the effect of funding challenges beginning to put a direct strain on institutions' finances (and thereby endowments). Administrators and trustees must think holistically and long-term about both an organization's resources & mission in order to build towards a more enduring future and avoid sub-optimal "quick-fix" solutions.
Please join us for what should be an enlightening and thoughtful discussion on markets and the pressures facing perpetual life investors. Audience members will also have an opportunity to pose questions to panelists and to connect with other attendees.
7:30am - breakfast available
8:00am - 9:00am – panel discussion
Genesee Valley Club
421 East Ave, Rochester, NY 14607
Douglas. W. Phillips, Senior Vice President, Institutional Resources, University of Rochester
Education: Rutgers University, BA 1980; Rensselaer Polytechnic Institute, MBA 1991
Employment: Financial Analyst, Management Planning, Princeton NJ (1980-1981); Manager of Investment Administration, Princeton University (1982-1986); Associate Treasurer / Treasurer, Williams College (1986-2000); Senior Vice President, University of Rochester (2000-present)
Awards and Presentations: 2010 NACUBO Rodney Adams Award for Endowment Management; 2018 presentation at the NMS Conference in Scottsdale, AZ
Jay Willoughby, CFA, Chief Investment Officer, TIFF Investment Management
Mr Willoughby serves as Chief Investment Officer, responsible for portfolio management and presiding over the full range of TIFF's investment activities and programs. He chairs TIFF's Investment Committee. Prior to joining TIFF, Mr. Willoughby spent four years as CIO of the State of Alaska's roughly $50 billion sovereign wealth fund, the Alaska Permanent Fund. Previously, he was Co-Managing Partner at Ironbound Capital Management and spent nine years with Merrill Lynch Investment Managers LP as CIO, Private Investors Group; Head of Research for Equity Funds; and Senior Portfolio Manager, Merrill Lynch Real Estate Fund. He received a BA in biology from Pomona College and an MBA from Columbia University. Mr. Willoughby is a CFA charterholder and serves on the board of the Sustainability Accounting Standards Board (SASB) Foundation, which supports the development of accounting standards that help investors understand which sustainability factors can have a material impact on the future financial performance of individual public companies.
Kevin O'Connell, CFA, Outreach Director, TIFF Investment Management
Mr. O'Connell serves as Outreach Director. 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.
Please share this invitation with others from your organization or anyone in the area you think might like to join us. You can reach us at tiffevents@tiff.org with questions.
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If you have any questions please don't hesitate to contact us at 610.684.8200 or via email at tiffevents@tiff.org. We hope you will be able to join us.