David R. Fallace was named managing director at The Investment Fund for Foundations, said spokesman Paul Horvitz. It is a new position. Mr. Fallace, who starts Jan. 19, will oversee TIFF’s diversifying strategies, which includes conducting manager research, selectio, and monitoring; directing the hedge fund component of TIFF’s outsourced CIO strategies; and expanding TIFF’s investment efforts across special opportunities.
He will report to Jay Willoughby, chief investment officer. Messrs. Willoughby and Fallace previously worked together at the $50 billion Alaska Permanent Fund Corp., Juneau, where Mr. Willoughby was CIO and Mr. Fallace was director of investments-special opportunities...............................................Full Article: Source
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