On Jan. 1, 2020, Partners Capital became the new outsourced chief investment officer (OCIO) for Syracuse University. The Investment and Endowment Committee (IEC) of the Syracuse University Board of Trustees selected Partners to manage the University’s endowment fund after a months-long search, performed as a component of a routine review. The process included an appraisal of the University’s previous OCIO, Pavilion, and the search included several other high-performing investment firms.
“The objective was to identify the top-performing firms in the current OCIO marketplace and determine which investment firm would be the most synergistic with the needs of the University’s endowment,” said Amir Rahnamay-Azar, senior vice president for business, finance and administrative services and chief financial officer. “While we evaluated many excellent candidates, the University was particularly impressed with the portfolio construction methods and investment manager access that Partners Capital demonstrated.”
The charge of the IEC is to oversee the investment and management of Syracuse University’s Managed Endowment Fund, which comprises approximately 2,400 individual endowments and was valued at $1.35 billion as of Sept. 30, 2019. The funds will be operationally managed by Partners Capital with daily governance and oversight by Scott Kemp, interim University treasurer, and Rahnamay-Azar.
Partners Capital was founded in London 2001 by Stan Miranda and Paul Dimitruk. In 2019, the firm oversaw $27 billion in funds from offices in London, Paris, New York, Boston, San Francisco, Singapore and Hong Kong.
“With the launch of the Forever Orange campaign, confident, responsible stewardship of the managed endowment fund is a priority of the University,” said Rahnamay-Azar. “We are excited to begin our work with Partners Capital and to develop an investment portfolio that benefits Syracuse University students now and long into the future.”
For the first time in the 12-year history of the program, both nominees from the Whitman School of Management have been selected as recipients of the 2025 AWESOME Excellence in Education Scholarship, a prestigious honor awarded to top-performing undergraduate women…
The Whitman School of Management’s Distinguished Professor Johan Wiklund was recently listed as one of the most prolific business and economic research scholars globally, according to “What We Know About the Science of Science in Business and Economics? Insights From…
Katsitsatekanoniahkwa Destiny Lazore, a rising senior communication and rhetorical studies major in the College of Visual and Performing Arts and political science major in the Maxwell School of Citizenship and Public Affairs and College of Arts and Sciences (with a…
Three professors have been named Meredith Professor Faculty Fellows. Part of the Laura J. and L. Douglas Meredith Professorship Program, the Faculty Fellows program was launched this year. Fellows will work in partnership with the Center for Teaching and Learning…
The Syracuse WorkForce Run was held at Onondaga Lake Parkway Tuesday, bringing together workers from across Central New York for a night of food, fun, fitness and friendly competition among area employers. This year’s event, which raised funds for Ronald…
If you need help with your subscription, contact sunews@syr.edu.
