Updated:
SCM Investment Services
SCM Investment Services operates as the single-family office for Stephen M. Ross, founder and chairman of Related Companies.
SCM Investment Services
SCM Investment Services operates as the single-family office for Stephen M. Ross, founder and chairman of Related Companies. Ross assembled Related into one of the country's most consequential private real estate developers, responsible for the Hudson Yards megaproject in Manhattan and the mixed-use redefinition of West Palm Beach. The office manages family capital distinct from the operating business. The office's investment strategy extends the Ross family capital across public equities, private funds, and direct real estate holdings beyond the Related platform. While Related itself remains the primary engine of wealth creation, SCM Investment Services allocates to external managers and co-investment vehicles to diversify the family's balance sheet. The geographic footprint skews heavily toward major US gateway markets — New York, South Florida, and Los Angeles — mirroring the development footprint of the Related enterprise. The Ross family's philanthropic architecture includes significant commitments to the University of Michigan, where the business school bears Ross's name, and to Lincoln Center, NewYork-Presbyterian Hospital, and various South Florida cultural institutions. A notable recent transaction was the December 2024 sale of a minority stake in the Miami Dolphins — a team Ross has controlled since 2008 — to Ares Management and Joe Tsai for approximately $8.1 billion, a transaction that reshapes the family's liquid asset base (per Bloomberg, December 2024). What distinguishes the Ross family office from most real-estate-derived single-family offices is its operator-chairman structure: Ross remains actively involved in Related's strategy while the family office operates with a separate mandate, creating a hybrid between an operator's family office and a permanent-capital allocator. This architecture allows the office to recycle development gains into a diversified portfolio without diluting Related's institutional governance.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Birmingham
Corporate office
Birmingham, Michigan, United States
Frequently asked questions
What is the relationship between SCM Investment Services and Related Companies?
SCM Investment Services is the family office of Stephen M. Ross, who founded and chairs Related Companies. Related is an operating real estate developer and property manager; SCM Investment Services invests Ross family capital generated by Related and other assets. The two entities are legally distinct, with the family office pursuing a diversified mandate beyond the real estate development activities of Related.
Where did Stephen Ross's wealth originate?
Ross's wealth was generated through Related Companies, the real estate development firm he founded in 1972. Related developed Hudson Yards, the largest private real estate development in US history, along with extensive mixed-use projects in New York, South Florida, and other gateway cities. Ross also owned the Miami Dolphins from 2008 until selling a minority stake in late 2024 (per Bloomberg, December 2024), and over time expanded into Equinox and other lifestyle brands.
Does SCM Investment Services invest alongside Related Companies in real estate deals?
SCM Investment Services can co-invest with Related-affiliated entities, but its primary mandate is diversifying Ross family capital beyond the operating business. This includes commitments to external private equity funds, public equity managers, and direct investments unconnected to Related's development pipeline. The structure avoids a pure single-asset concentration in the operating company's pipeline.
Who runs investment decisions at SCM Investment Services?
Leadership details for SCM Investment Services are not publicly disclosed in detail. As a single-family office, investment decisions ultimately report to Stephen M. Ross and any internal chief investment officer or investment committee he has appointed. The office maintains a low public profile consistent with most private family offices.
How are Stephen Ross's philanthropic activities structured separate from the family office?
Ross's philanthropy is primarily channeled through personal gifts and foundations rather than SCM Investment Services. Major beneficiaries include the University of Michigan, where the business school carries the Ross name; Lincoln Center; NewYork-Presbyterian Hospital; and South Florida cultural institutions. The family office's investment mandate does not directly manage philanthropic entities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: