| Company type | Privately held company |
|---|---|
| Industry | Outsourced Investment Management |
| Founded | 2001 |
| Founders | Stan Miranda, Paul Dimitruk |
| Headquarters | , |
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]
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]
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]
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]