Engaging OCIOs through Private Market Solutions with Carolyn Patton of TIFF Investment Management

Carolyn Patton, Head of Private Market Client Solutions at TIFF Investment Management shares how their business approaches private market assets on behalf of their clients. TIFF is a leading asset management firm dedicated to delivering comprehensive OCIO and private equity investment solutions to primarily endowments, foundations, and other charitable organizations. As of June 30, 2022, TIFF manages approximately $8 billion on behalf of their members. Looking at current market conditions in the context of the firm’s outlook, Carolyn walks our audience through the diversification benefits of private markets as part of an OCIO solution. Carolyn shares TIFF’s approach to manager sourcing, due diligence, selection, and what areas of the private market universe TIFF is focused. Throughout the conversation, Carolyn expands on TIFF’s broader initiatives around diversity, equity, inclusion, and sustainability. Join Carolyn in this informative and interactive conversation on what matters when working with institutional OCIO relationships.

Carolyn Patton:
  / carolynpattoncfa  

Robert Morier:
  / robertlmorier  

Tim Dolan:
  / tim-dolan-35560732  

Our Website:
https://dakota.com

TIFF Investments:
https://www.tiff.org/

Audio Podcast

Spotify:
https://open.spotify.com/show/3NUXRMz...

Apple Podcast:
https://podcasts.apple.com/us/podcast...

0:00 Intro
2:04 Endowments
3:19 Carolyn background
5:35 Diplomas on the wall?
6:10 Optimism vs Realism
8:10 Private and public blend
9:47 Catalyzing positive change
11:10 Team size
11:43 Volume game
12:26 Overview of Tiff
13:41 Interaction with the board
15:01 What Carolyn brings to her role
16:27 Change in allocation
19:02 Research process
20:58 Emerging managers
23:21 Fee conversation
24:36 ESG parallels
25:33 Different arrangements
27:26 ESG and DEI
29:55 How active?
31:07 ESG or marketing?
34:06 Women in Fund Management
38:20 How academics are helping DEI
41:15 Sales irks
44:00 Meeting managers
45:32 Outro