TIFF Strengthens Alternatives Capabilities with Dedicated Secondaries Specialists
Andrew Murray and Stephen Grau join TIFF Investment Management to lead the Secondaries practice within the firm’s broader alternatives strategy.
TIFF Investment Management (TIFF) today announced the appointment of Andrew Murray, Managing Director, Head of Secondary Investing, and Stephen Grau, Executive Director, Secondary Investing, to lead TIFF’s private equity Secondaries practice, adding dedicated senior resources to TIFF’s broader alternatives platform. Together, they bring more than three decades of combined experience across private equity secondaries, advisory, and investing.
TIFF has been active in the secondaries market as part of its alternative investment strategy, and these appointments formalize and expand the firm’s capabilities in this growing area. With dedicated leadership in place, TIFF is positioned to more efficiently source, evaluate, and execute secondary opportunities across a range of private equity situations, including traditional LP fund interests, co-investments, GP-led transactions, continuation vehicles, and other investment vehicles that hold private equity assets.
“Secondaries have become an increasingly important part of the private markets toolkit as investors look for more flexible ways to manage liquidity, pacing, and private equity exposure,” said Kane Brenan, Chief Executive Officer of TIFF. “Andrew and Stephen bring focused expertise to an area where we see a clear investment opportunity on behalf of our clients and where we can leverage our long-standing relationships, lower-middle-market private equity experience, and history of evaluating these types of opportunities.”
