Tom Duffy

Give me a sense for where TIFF is today as a business.

To give you a sense of where TIFF is as a business today, David, I really do think it's impactful to start with a little refresher of where we came from and what we do to give your listeners a better idea of the value add that we bring to the table here at TIFF.

TIFF was founded over 30 years ago.

really to provide investment solutions primarily to nonprofit institutions at the time where we specialized in outsourced CIO solutions and private market solutions.

We have two distinct business lines.

We have our OCIO or Outsourced Chief Investment Officer business that manages the full wallet share of our client portfolios.

That's what we've been doing since inception, since 1991.

always had a strong focus on alternatives and private markets.

And then that second business line that we have since 1997, we've been offering standalone private equity and venture capital strategies, which is where I focus today.

And those strategies combined, we've grown to a roughly $9 billion organization with over $3 billion of that in privates, where we continue to serve our historic nonprofit ENF base and also expanding our footprint into the wealth management and family office community, where we've seen a lot of demand for the types of strategies and customization that we can bring to the marketplace.

deliver what we view as high quality investment returns consistently and over long periods of time for them.

So many of these large institutions, they're just overpowered with so many resources and so many people on staff that these smaller and mid-sized firms just don't have.

And they viewed that as such an inequality and wanted to help out any ways they could to that community.

Yeah.

So TIFF has really several avenues of sourcing great sponsors and making sure we consistently fill our pipeline of top investors to keep that deal funnel full of new ideas.

One of those sourcing advantages or avenues is through industry events and conferences like McGuire Woods, which we've been attending for several years now.

And for anyone who hasn't been there before,

really picture a giant conference hall full of a few thousand people at an individual tables, essentially speed dating with a 30 minute timer.

Then you move on to your next table and so on and so forth for two to three straight days.

Uh, David, I lost my voice within the first three minutes, which, which was fun to battle through.