Capital Allocators Podcast with Ted Seides: Stan Miranda – Modern Endowment Model at Partners Capital
23 August 2023

August 2023
(Rebroadcast as part of Summer 2025 Greatest Hits)
Ted Seides: Our conversation covers the founding of Partners Capital, learning the endowment model from first principles, and scaling Partners over the years since. We discuss the firm’s original interpretation of the endowment model, manager selection process, evolution of the endowment model since. Along the way, we touch on a range of portfolio and business management challenges, including team structure, internal and external management, succession planning, and insights across asset classes.