Eighteen48 Partners

Eighteen48 Partners

Eighteen48 Partners was established in 2019 by Julien Sevaux and Tarek AbuZayyad, both former partners at Stanhope Capital, the independent multi-family office Sevaux founded in 2004. The firm was designed to serve the principals' own families and long-standing clients, operating an independent model focused purely on compounding wealth. The ownership is distributed among partners, clients, and employees, ensuring that internal capital is invested on identical terms. The firm employs a long-term, endowment-style investment approach that emphasizes concentration over broad diversification. It builds portfolios across public equities, private equity, growth capital, and direct co-investments. Confirmed direct co-investment positions include high-growth enterprises. The investment committee is chaired by external specialists, including Mark Baumgartner, CIO of the University of Florida Investment Corporation, and Robert Durden, CEO/CIO of UVIMCO. The firm deploys capital across Europe, North America, and Asia. The team is supported by a network of senior advisors with deep institutional pedigrees. Investment committee members also include Kathleen Jacobs, CIO of RWJBarnabas Health, and Larry Kochard, CIO of Makena Capital Management. Paulo Eapen, formerly head of Europe and Asia for Blackstone Credit, sits on the firm's board. In May 2024, the firm continued to operate with its core London-based team, leveraging its network for deal sourcing and due diligence. The firm's structural differentiator is its hybrid model: it is neither a pure single-family office nor a conventional multi-family office, but an independent investment office wholly owned by its user base. This aligns the firm's own balance sheet directly with client outcomes and attracts an investment committee composed of sitting endowment and foundation CIOs, a governance feature that distinguishes it from most externally-owned wealth managers.