# Stevens Institute of Technology

Stevens Institute of Technology is an Endowment / Foundation based in Hoboken, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Hoboken, United States
- **Region:** North America
- **Address:** 1 Castle Point Terrace, Howe Center 11th Floor, Hoboken, NJ 07030, United States
- **Founded:** 1870
- **Assets under management:** 375 (Altss estimate)
- **Website:** stevens.edu
- **LinkedIn:** https://www.linkedin.com/school/stevens-institute-of-technology/

## Regulatory record

- **Reports private funds:** No

## About

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 limited partner stakes in Squirro and DeepKeep. 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.

## Sectors

- FinTech
- InsurTech
- Digital Health
- Data Analytics
- Energy Transition & Renewables
- Industrial Tech
- SpaceTech
- Healthcare Services
- ClimateTech
- AgriTech & FoodTech

## People

- Nariman Farvardin — President
- Stephen T. Boswell — Chairman of the Board of Trustees
- Sean Hanlon — Trustee

## 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.

## Related profiles

- [Office of Development, UC Santa Barbara](https://altss.com/profile/office-of-development-uc-santa-barbara)
- [Wells Global Asset Management](https://altss.com/profile/wells-global-asset-management)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/stevens-institute-of-technology

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