pursuing investment excellence on behalf of endowed non-profits

Our Management Team


Katherine Billings joined TIFF in 2017 as Head of Finance. Ms. Billings was previously with PricewaterhouseCoopers for almost fifteen years and most recently served as a Director in the Chief Auditor Network of PwC's National Office, working with the national Asset and Wealth Management practice. Katherine specialized in working with private real estate investment partnerships, private equity funds, and public and private REITs. She has experience working with registered investment companies, cash flow modeling, and internal controls. A graduate of Villanova University, Ms. Billings is a Certified Public Accountant and is registered with the American Institute of Certified Public Accountants (AICPA) and the Pennsylvania Institute of Certified Public Accountants (PICPA).
 
Herbie Bohnet joined TIFF in 2008. He serves as a Managing Director and General Counsel - Corporate and is a member of TIFF's Investment Committee. Mr. Bohnet was previously an associate in the Boston office of Ropes & Gray LLP, where he represented institutional investors, including leading endowments. He received his BSE magna cum laude in biomedical and mechanical engineering from Duke University and his JD from Stanford Law School.
 
Richard Flannery joined TIFF in 2003 and serves as Chief Executive Officer, with overall responsibility for the organization's activities. He is a member of TIFF's Investment Committee. Prior to joining TIFF, Mr. Flannery spent 14 years at Delaware Investments, where he was Executive Vice President, supervising multiple departments and playing a key role in the firm's transition from a domestic to a global investment management firm. He holds a BS summa cum laude in sociology from Saint Joseph's University and a JD from Harvard Law School. Mr. Flannery has served on several non-profit boards and currently serves on the Investment Committee of the Financial Industry Regulatory Authority (FINRA) and on the Compensation Committee of Mercy Investment Services Inc., a non-profit investment firm serving the Sisters of Mercy.
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Zane Hamid joined TIFF in 2006 and serves as Head of Operations. Previously he has been a manager within TIFF operations, analytics and member services. Prior to joining TIFF, Mr. Hamid was employed by SEI, where he worked in alternative investments operations. He received his BS in accounting from Cabrini College.
 
Kelly Lundstrom joined TIFF in 2006 and serves as Chief Strategy and People Officer. She is responsible for enhancing TIFF’s organizational effectiveness through its people, culture, and business strategy. Previously, Ms. Lundstrom was Head of Operations. Prior to joining TIFF, she worked for 11 years at the Howard Hughes Medical Institute, overseeing the investment operations and administrative functions. She received her BA in English from Lafayette College.
 
Jim Shields joined TIFF in 2008. He serves as Chief Information Officer , with overall responsibility for information technology at TIFF. Prior to joining TIFF, Mr. Shields spent 27 years at Delaware Investments serving in multiple roles and providing technology support during several mergers and outsourcing deals. For 10 of those 27 years, he was Delaware's Chief Information Officer, leading a technology team that supported up to 2,000 users. Mr. Shields has an undergraduate degree in mathematics and an MBA in information systems, both from Saint Joseph's University.
 
Christian Szautner joined TIFF in 2008. He serves as General Counsel – Regulatory and as Chief Compliance Officer of TIFF’s regulated investment advisers and TIFF's family of mutual funds. Mr. Szautner has overall responsibility for regulatory and compliance matters at TIFF, and he serves as the key liaison with regulatory agencies. Prior to joining TIFF, Mr. Szautner was a partner in the Philadelphia office of Ballard Spahr, LLP, where he practiced investment management law. He holds a BA cum laude in political science from The Pennsylvania State University and a JD cum laude from the University of Pennsylvania.
 
Patrick Torrey joined TIFF in 2016 and serves as a Managing Director and Head of Outreach, with responsibility for managing and participating in TIFF's outreach efforts, including member services. Prior to joining TIFF, Mr. Torrey was the Director of Investment Officers at Hirtle, Callaghan & Co. Previously, he was Director of Client Service and Portfolio Analysis at Gardner Lewis Asset Management and was a Relationship Manager in the Private Wealth Management group at Goldman Sachs. Additionally, Mr. Torrey served seven years as an infantry officer on active duty in the US Marine Corps. He holds a BS degree in marketing from the University of Virginia and an MBA in finance, economics, and entrepreneurship from the University of Chicago Booth School of Business.
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Jay Willoughby joined TIFF in 2015 and serves as Chief Investment Officer, 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.
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Robert Zion joined TIFF in 2017 and serves as Chief Operating Officer. His responsibilities span all operational and strategic aspects of TIFF’s work and specifically include oversight of finance, operations, information technology, legal affairs, and human resources. Previously, Mr. Zion spent 25 years at Hirtle Callaghan & Co., where he was Chief Operating Officer and, before that, Chief Financial Officer. He served on the firm’s Executive Committee and Board of Directors. Prior to that, he was a Senior Audit Manager at PriceWaterhouse Coopers. Mr. Zion holds a bachelor’s degree in accounting from the University of Delaware.
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