Trevor Graham
TIFF Investment Management announced Tuesday the promotion of Head of Equities and Deputy CIO Trevor Graham to co-CIO, effective immediately. Graham joins Co-CIO Jay Willoughby and will work to guide the firm’s portfolio construction, manager selection, investment strategy and asset allocation.
According to a statement from TIFF, the duo will serve as co-CIOs as part of an ongoing leadership transition, with Willoughby expected to gradually shift away from day-to-day responsibilities and into an advisory role.
I’ve worked closely with Jay for many years and have been part of building the investment approach we have today,” Graham said in a statement. “As co-CIO, I’m focused on strengthening that approach while working to deliver consistent results for our clients. We have a phenomenal team, and we believe in the structural advantages in manager access, which I am thrilled to continue leveraging.”
Brad Calder, an executive director, was promoted to managing director and to succeed Graham as head of equities.
Graham joined TIFF in 2012 and has worked with Willoughby for more than a decade. Previously, Graham was a managing director at New York Presbyterian Hospital, an investment officer at the Museum of Modern Art, an assistant vice president at Putnam Investments, and an associate in Lehman Brothers’ merchant banking group.
“Trevor is one of the brightest investment minds we have at TIFF and has played a central role in shaping the investment process and philosophy underpinning our client portfolios,” said TIFF CEO Kane Brenan in a statement. “His deep experience across asset classes, including public equities, hedge funds, and private markets, makes him uniquely qualified to excel as an investment leader in the OCIO world. Jay and Trevor have worked very closely for the last decade, and it is great to see this partnership continuing.”
Graham earned a bachelors of arts degree in economics from Vanderbilt University and an MBA from the Yale School of Management.
TIFF is an independent investment firm specializing in outsourced CIO services and alternative investment strategies. Founded in 1991, it had approximately $10 billion in assets under management as of September 30, 2025.
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Tags: OCIO, Outsourced CIO, TIFF, TIFF Investment Management