Partners Capital Founder and Chairman Stan Miranda has launched True North Institute, a think tank focused on major themes driving the institutional investment landscape, especially global energy transition and the decarbonization of the economy, according to an announcement.

True North Institute aims “to develop and share the deepest of insights into the science of institutional investing whether from Stan and his True North Institute, Partners Capital or from highly respected third-party sources,” the announcement showed.

In addition to providing research papers on topics like the global transition to a zero carbon emissions economy, the organization collects and provides analytical data on portfolio performance of endowments, foundations, pensions and other institutional investors globally, according to its website.

Miranda expects the think tank’s audience to be “CIOs from among the leading sovereign wealth funds, large pensions, foundations, endowments and family offices,” according to the announcement, which notes that the institute hopes to help institutional investors build upon and innovate the endowment model created by David Swensen, who managed the Yale University endowment portfolio for over 35 years.

“True North seeks to discover, innovate and share new ways to evolve [the Swensen] model, drawing on learning from the Canadian pensions, sovereign wealth funds and progressive institutional family offices,” the announcement states.

The institute is based in London and is “independent of Partners Capital” but “maintains a close relationship” to the firm, the announcement showed.

“True North creates a dedicated and formal knowledge sharing forum that brings together many of the relationships we have built up over the past 20 years with some of the most thoughtful institutional investors from around the world. By devoting time to the Institute, Stan will convene groups of thought leaders who should be able to generate powerful insights that benefit the entire investment industry,” Partners Capital CEO Arjun Raghavan said, in a statement.

The think tank’s reports and data are available here.

The launch of the True North Institute builds on the firm’s release of its proprietary research to the public last fall.

Partners Capital had a total of $55 billion in assets under management as of March 31 2024.

https://www.fin-news.com/2024/06/05/outsourced-cio-launches-investment-trend-think-tank

Justin Slaughter, Fin News

5 June 2024