Company:Partners Capital
| Type | Privately held company |
|---|---|
| Industry | Outsourced Investment Management |
| Founded | 2001 |
| Founders | Stan Miranda, Paul Dimitruk |
| Headquarters | , United Kingdom |
Key people | Arjun Raghavan (CEO)[1] |
| AUM | $65 billion (January 2025)[2] |
Number of employees | 370 [3] (2025) |
| Website | www |
Partners Capital Investment Group is a privately held global investment firm. As of 2025[update], the 370-person firm had US$65 billion in assets under management.[4]
Overview
Partners Capital acts as the OCIO to endowments, foundations and high-net-worth private clients.[5][6] Its private clients are primarily money managers, including senior partners and founders of investment firms.[7][8] The firm was founded in London in 2001 by Stan Miranda and Paul Dimitruk. Since its inception, the firm has grown from US$10 million in assets to US$65 billion in 2025. Today, the firm has offices in London, Boston, New York, San Francisco, Dallas, Paris, Singapore and Hong Kong and has over 360 employees.[7]
The firm invests exclusively with unaffiliated managers with which it shares no economics. The firm believes that the OCIO’s role should be entirely separate from the role of managing assets.[9][10]
Partners Capital has commented publicly about the need for the ”Yale Model” of endowment investing to evolve to reflect key lessons of the 2008 financial crisis.[11]
Notable clients
Partners Capital has clients globally. Notable European institutional clients include individual colleges at Cambridge and Oxford universities, INSEAD, the Royal Academy of Arts and the National Gallery Trust.[12]
Notable US institutional clients include the Research Foundation for the State University of New York’s University System,[13] Syracuse University,[14] Milton Academy,[15] the Berkshire School, the Los Angeles Museum of Contemporary Art, and the Cancer Research Institute.[16]
Founders
Prior to Partners Capital, Stan Miranda was a partner at Bain and Company, specializing in private equity.[17][18] Paul Dimitruk was a co-founder, chairman and CEO of asset manager Pareto Partners and prior to that a partner at Investcorp, where he specialised in private equity.[8][19]
References
- ↑ "Arjun Raghavan new CEO of Partners Capital". Partners Capital (Press release). 6 July 2020. Retrieved 23 September 2020.
- ↑ Wilen, Holden. "Manager of $65B follows 'Y'all Street' wave to Dallas". https://www.bizjournals.com/dallas/news/2025/01/15/partners-capital-opens-dallas-office-first-texas.html.
- ↑ Holden, Wilen. "Manager of $65B follows 'Y'all Street' wave to Dallas". https://www.bizjournals.com/dallas/news/2025/01/15/partners-capital-opens-dallas-office-first-texas.html.
- ↑ Wilen, Holden. "Manager of $65B follows 'Y'all Street' wave to Dallas". https://www.bizjournals.com/dallas/news/2025/01/15/partners-capital-opens-dallas-office-first-texas.html.
- ↑ Leanna Orr, "OCIO Industry Snaps Up Another Elite E&F Alum," Chief Investment Officer, January 19, 2016.
- ↑ "Endowments steal a march on pension funds," Global Investor Magazine, June 9, 2005.
- ↑ 7.0 7.1 Company Website, retrieved October 5, 2021.
- ↑ 8.0 8.1 Drew Carter, "Institutional assets growing at Partners; Wealth manager uses circle of friends to boost endowment, foundation business," Pensions & Investments, November 30, 2009.
- ↑ Danielle Levy, "Wealth Manager: Stan Miranda of Partners Capital on the rise of the private investment office," Citywire, January 20, 2011.
- ↑ Mike Foster, "How to win friends and affluent people," Financial News, June 1, 2010.
- ↑ "Advancing the Yale model to reflect new market dynamics," Pensions & Investments, February 22, 2016.
- ↑ "Meet Paul Dimitruk of Partners Capital Investment Group in Financial District - Boston Voyager Magazine | Boston City Guide" (in en-US). http://bostonvoyager.com/interview/meet-partners-capital-investment-group-federal-reserve-plaza-financial-district/.
- ↑ Brooke Masters, "Cambridge endowments buoy Partners," Financial Times, June 8, 2009.
- ↑ Horvath, Jennifer (February 4, 2020). "Syracuse University Selects Partners Capital as New Outsourced Chief Investment Officer". SU News. https://news.syr.edu/blog/2020/02/04/syracuse-university-selects-partners-capital-as-new-outsourced-chief-investment-officer/. Retrieved 23 September 2020.
- ↑ Cathleen Everett, "Behind the Humming Sound at Milton: The Answers in Dollars and Sense," Milton Magazine, October 7, 2015.
- ↑ "Partners Capital pushes into Asia," Financial News, October 3, 2011.
- ↑ John Arlidge, "The New Banks that Cost You £25M to Join," London Evening Standard, December 7, 2007.
- ↑ "The GPs' GP heads east," Private Equity International, November 1, 2010.
- ↑ "Paul Arthur Dimitruk," Bloomberg News, retrieved March 2, 2016.
