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Stevens Institute of Technology
Stevens Institute of Technology was founded in 1870 by Edwin Augustus Stevens with an initial focus on mechanical engineering. Nariman Farvardin serves as...
Stevens Institute of Technology
Stevens Institute of Technology was founded in 1870 by Edwin Augustus Stevens with an initial focus on mechanical engineering. Nariman Farvardin serves as president. The endowment vehicle channels gifts into scholarships, faculty positions, and research. The endowment allocates across private equity, hedge funds, real estate, and venture commitments. Confirmed holdings include positions through NJ FAST and limited partner stakes in Squirro, Venteur, DeepKeep, and Cranium. Geographic exposure centers on North America with additional activity in global technology markets. The university maintains 356 professionals and operates from its primary Hoboken campus. A $21 million gift arrived from the A. James & Alice B. Clark Foundation in 2025. Adjacent vehicles include the Stevens Institute of Technology Endowment and the student-managed SSMIF. Governance separates the endowment from operating businesses through a dedicated investment committee structure that includes external trustees such as Sean Hanlon.
General information
Firm type
Endowment / Foundation
Year founded
1870
Location
Region
North America
Country
United States
City
Hoboken
Corporate office
1 Castle Point Terrace, Howe Center 11th Floor, Hoboken, NJ 07030, United States
Principals
Nariman Farvardin
President
Stephen T. Boswell
Chairman of the Board of Trustees
Sean Hanlon
Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Stevens Institute of Technology?
Nariman Farvardin serves as president. The investment committee includes trustees such as Sean Hanlon, former chairman of the committee and founder of Hanlon Investment Management.
Does Stevens Institute of Technology participate in fund commitments or only direct deals?
The endowment uses both fund commitments and direct holdings. It maintains limited partner positions in multiple startups and operates the student-managed SSMIF.
What investment stages does Stevens Institute of Technology typically target?
The endowment targets seed, early stage, and late stage opportunities alongside private equity and real estate.
Where does the underlying wealth come from?
The institution traces its founding endowment to Edwin Augustus Stevens in the engineering sector.
How is Stevens Institute of Technology related to its philanthropic structures?
The Stevens Institute of Technology Endowment serves as the primary vehicle. It received a $21 million gift from the A. James & Alice B. Clark Foundation in 2025.
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.
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