Stanford Management Company

Internal investment office managing Stanford University's endowment for future generations.

Asset Manager / Fund Manager Portfolio Analytics Portfolio Management 📍 Stanford
Visit Website Request Info Last reviewed: April 2026

Overview

Stanford Management Company (SMC) is the internal investment office of Stanford University, responsible for managing the university’s endowment and other financial assets across the Merged Pool. Its mandate is generational: preserve and grow capital to fund research, faculty, and student financial aid for current and future generations. The organisation operates entirely in service of Stanford’s academic mission, with no external clients or commercial investment management offering.

SMC is led by CEO Robert Wallace and structured with dedicated teams across investments, investment operations, school and department funds, finance and administration, legal, and information technology. The investment team works across asset classes to monitor the portfolio and identify long-term opportunities globally. Several team members hold Stanford degrees and some contribute directly to the university’s teaching programmes.

For the purpose of this directory, SMC is not a vendor, service provider, or technology platform. It does not serve family offices, private wealth clients, or external institutions in any capacity. Key characteristics of the organisation include:

  • Oversight by a Board of Directors appointed by the Stanford Board of Trustees
  • Investment coverage spanning the full Merged Pool of Stanford’s investable endowment assets
  • Staff integration into university life, including teaching roles for investment professionals
  • A team structure that includes legal counsel, IT, HR, and operations alongside investment functions

SMC is a single-purpose internal office. Family office principals and investment professionals evaluating third-party vendors will find no product, service, or advisory offering here. Its presence in a vendor directory context reflects its status as a reference point for endowment investment practice rather than a commercial counterparty.

"SMC provides expert investment management and stewardship of the Merged Pool, which includes substantially all of Stanford's investable endowment assets."
Stanford Management Company

Product & Capabilities

Main Tasks
Managing Stanford University's endowment across the Merged Pool Monitoring the portfolio and identifying long-term investment opportunities globally Overseeing school and department fund allocations Providing investment operations and administrative support to the endowment
Top Features
Multi-asset-class investment management across the Merged Pool Dedicated school and department funds team In-house investment operations function Internal legal counsel team Information technology and systems support Finance and administration team Human resources function integrated within the investment office

Company

OwnershipUniversity-owned (Stanford University)
Offices
Stanford
Key People
RW
Robert Wallace
Chief Executive Officer
AV
Andrew Vincent Joo
Managing Director, Stakeholder Engagement
CK
Chris King
Managing Director, Investment Operations
YS
Yehbin Song
Managing Director, Operations
RD
Rick Devlin
Managing Director, Investments
ML
Michael Lee
Managing Director, Investments
BL
Becca Levin
Managing Director, Investments
MM
Mary Mei
Managing Director, Investments
GM
Greg Milani
Managing Director, Investments
SW
Steven Wright
Managing Director, Investments

Contact

Headquarters
635 Knight Way, Stanford, CA 94305
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