Cambridge Associates

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Cambridge Associates
Company typePrivate
Founded1975; 49 years ago (1975)
FounderHunter Lewis,
James Bailey
Headquarters125 High Street,
Boston, MA, U.S.
ProductsAsset management, investment management
AUM$10 billion
Total assets$4.633 trillion in total global assets under advisement
Number of employees
1,700
WebsiteCambridgeAssociates.com

Cambridge Associates LLC, an investment consulting company, provides investment advisory and research services to institutional investors, foundations and endowments, private clients, and corporate and government entities worldwide. It offers investment consulting, outsourced portfolio solutions, research services and tools, and performance monitoring across various asset classes. The company also provides services in areas, such as investment objectives, asset allocation, investment management structures and guidelines, investment manager selection and evaluation, and performance monitoring.[1]

Cambridge was founded by Hunter Lewis and James Bailey in 1975.

Business

Cambridge clients include the Bill and Melinda Gates Foundation, The Rockefeller Foundation, Mayo Clinic, WWF, National Geographic, the Smithsonian Foundation, The Council on Foreign Relations, Yale University, Harvard University, MIT, Bryn Mawr College, Swarthmore College, Philips Exeter, and the The Knight Foundation.[2][3][4][5] The Wall Street Journal, Bloomberg and Reuters utilize Cambridge research.[6][7]

Cambridge Associates had $4.633 trillion in total global assets under advisement as of June 2015, down 2% from the same period a year earlier.[8]

Cambridge Associates also became known for its stated intention of avoiding the conflicts of interest endemic to Wall Street,[6] conflicts that became especially apparent during the Crash of 2008. Cambridge Associates has said that its mode of “conflict free” services represents an important innovation in American finance.[2]

References

  1. ^ "Cambridge Associates LLC: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-04-04.
  2. ^ "ENDOWMENT RETURN GETS HIGH MARKS" (PDF). Retrieved 28 November 2015.
  3. ^ "Knight Foundation Selects Cambridge Associates LLC To Oversee Endowment Investment Policies". The Knight Foundation. 27 January 2015. Retrieved 24 November 2015.
  4. ^ Mieras, Emily (25 April 1987). "Bryn Mawr Faces Financial Crisis". The Harvard Crimson. Retrieved 23 November 2015.
  5. ^ Martinez, Marina (19 November 2014). "Cambridge Associates, college's main advisement firm, will help schools divest". The Phoenix. Retrieved 24 November 2015.
  6. ^ Canada, Hilary (4 August 2015). "Energy Losses Cut Into Private Equity Returns in 2014". The Wall Street Journal. Retrieved 24 November 2015.
  7. ^ Benoit, David (24 November 2015). "Activist Investors Display a Lighter Touch". The Wall Street Journal. Retrieved 26 November 2015.
  8. ^ Comtois, James. "Cambridge Associates reorganizes leadership". Pensions & Investments. Retrieved 2016-04-04.