About.
At Princeton Stone House Capital, we invest where we believe we can add value, while staying curious about emerging trends in Healthcare, Technology, and Finance.
Sajid Syed
Chairman
Sajid Syed, RPh is the Chairman of Princeton Stone House Capital. An industry entreprenuer, he has built a career around successfully launching and selling pharmaceutical service companies.
In 1996, after earning his graduate degree in pharmaceutical marketing from St. John’s University in New York, Mr. Syed founded InfuRx, a specialty pharmacy in Delaware focusing on Medicaid Managed Care and then replicated this business model and opened a branch in Memphis, TN. As a result, InfuRx gained the attention of larger specialty pharmacy organizations, and, in 2001, he sold InfuRx to Priority Healthcare Corporation (Nasdaq: PHCC) the largest national Specialty Pharmacy provider at the time.
Mr. Syed continued with Priority as Vice President, Managed Markets, soon recognizing the need to manage specialty pharmacy not as a provider, but as an organization whose goals and objectives were consistent with the payors. Priority was sold to Express Scripts (Nasdaq: ESRX) in 2005 after which he resigned from the company.
In 2005, Mr. Syed founded Sanovia Corporation, a technology company automating prior authorization processes for high costs drugs managed by health plans and PBM’s- serving as President and CEO. He closed a Venture Capital round and brought in professional management to run the company. He resigned in 2007, but remained as chairman of the board. Sanovia was sold to Health Information Design LLC in 2012.
Later that year, in 2007, Mr. Syed founded and became President of Acro Pharmaceutical Services, a boutique Specialty Pharmacy providing next generation management solutions to its payer and pharmaceutical manufacturer clients. Mr. Syed sold Acro to Lincare in February 2011, and continued as its President until the completion of his contract in March 2014. He then served as a board member of Acro, to join its corporate owner, Lincare Holdings – a subsidiary of Linde Group AG (LIN: XETRA) till August 2014. In June, 2019, Acro was sold to CVS Health Corporation.
Mr. Syed currently serves as the Chairman of Apovia, a pharmacy management group based in Philadelphia. Apovia serves the needs of Federally Qualified Health Centers and other covered entities by managing and operating 340B pharmacies in three states and serving over 100,000 patients.
Mr. Syed is also very actively involved in community activities and serves on numerous non-profit boards.
Aamir A. Rehman
Managing Partner
Aamir A. Rehman, Ed.D. brings private equity and finance expertise to Princeton Stone House Capital. Dr. Rehman has board-level experience in private equity investments, strategy, and governance.
Dr. Rehman was a co-founder and managing director at Fajr Capital, a private equity firm that successfully deployed over $700 million in investments. He has taken an active role in a range of portfolio companies, especially in the financial services sector. He is a shareholder in Hoopoe Capital, MontiKids, Dinar Standard, and several real estate partnerships. He serves as Chief Financial Officer of Apovia, a portfolio company of Princeton Stone House Capital.
Dr. Rehman serves on the boards of directors of Dinar Standard, an advisory and research firm, and Fajr Capital Advisors, a member of the Fajr Capital Group. He is also a board member of the Mercer County Community College Foundation (New Jersey). Additionally, he is a member of the Angel Investor Network at the Harvard Business School Club of New York City.
In addition to his work in investment management, Dr. Rehman is Senior Advisor to the United Nations Development Programme (UNDP). He is also a Consultant to the World Bank Group’s Finance and Markets Global Practice. Dr. Rehman is further a Senior Fellow at the Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University. His contributions to the Center relate to private equity and social responsibility.
Dr. Rehman is the author of the books Dubai & Co.: Global Strategies for Doing Business in the Gulf States (McGraw-Hill, 2007) and Gulf Capital & Islamic Finance: The Rise of the New Global Players (McGraw-Hill, 2009). He is also author of numerous articles on capital flows and socially responsible investments.
Dr. Rehman holds a bachelor’s degree from Harvard College, a master’s degree from the Harvard Graduate School of Arts and Sciences, and an MBA from the Harvard Business School. He further holds a doctor of education (Ed.D.) degree from Columbia University. He was born and raised in New York City and resides with his family in Princeton Junction, New Jersey.