Partners Capital Investment Group, LLC is an investment firm. As of July 2024, the 360-person firm had US$60 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.[4][7] 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$60 billion in 2024. Today, the firm has offices in London, Boston, New York, San Francisco, Paris, Singapore and Hong Kong and has over 360 employees.[4]
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.[8][9]
Partners Capital has commented publicly about the need for the ”Yale Model” of endowment investing to evolve to reflect key lessons of the global financial crisis.[10]
Prior to Partners Capital, Stan Miranda was a partner at Bain and Company, specializing in private equity.[16][17] 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.[7][18]