Jump to content

Cambridge Associates: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
__NOTOC__
SwaToRz (talk | contribs)
m added a see also section
Line 34: Line 34:
==Investment services==
==Investment services==
It offers investment consulting, outsourced portfolio [[solution]]s, 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.<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=2144773|title=Cambridge Associates LLC: Private Company Information - Businessweek|website=www.bloomberg.com|access-date=2016-04-04}}</ref>
It offers investment consulting, outsourced portfolio [[solution]]s, 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.<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=2144773|title=Cambridge Associates LLC: Private Company Information - Businessweek|website=www.bloomberg.com|access-date=2016-04-04}}</ref>

==See also==
*[[PEI Media]]
*[[PEI 50]]
* {{URL|www.fintrx.com|FINTRX Family Office Database}}


==References==
==References==

Revision as of 18:43, 14 December 2018

Cambridge Associates LLC
Company typePrivate
IndustryFinancial services
Founded1973; 51 years ago (1973)
FounderHunter Lewis,
James Bailey
HeadquartersBoston, MA, U.S.
Key people
David Druley
(Chairman and CEO)
ProductsAsset management, investment management
AUM$30 billion
Total assets$389 billion in total global assets under advisement
Number of employees
1,300
Websitewww.cambridgeassociates.com

Cambridge Associates is a privately held investment firm based in the United States.[1] It provides investment portfolio management and advisory services to institutional investors, including foundations and endowments, pensions, private clients, and corporate and government entities.[2]

History

Cambridge Associates was founded by Harvard College roommates Hunter Lewis and James Bailey in 1973.[3]

The firm initially provided investment research to endowments and foundations, and over time, it expanded its services to investment consulting and portfolio management for many institutional investors, such as endowments, foundations and pensions.[4] Cambridge Associates’ Chairman and CEO, David Druley, was appointed in 2016 after serving as head of global investments. He succeeded Sandra A. Urie, who served as Chairman and CEO for 16 years.[5]

Business

The Wall Street Journal, Bloomberg and Reuters utilize Cambridge Associates 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][9]

In 2017, the firm laid off 3% of its workforce in the investment staff, performance reporting and data collection areas in order to more closely focus on its asset management operations.[10]

Investment services

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.[11]

See also

References

  1. ^ Leanna Orr (May 16, 2018). "Cambridge Associates Sells 20% of Firm to Client". Institutional Investor.
  2. ^ Dawn Lim (May 17, 2018). "Cambridge Associates Adds to Its Family of Backers". The Wall Street Journal.
  3. ^ Juliet Chung (March 14, 2017). "Cambridge, a $142 Billion Wall Street Gatekeeper, Cuts Staff". The Wall Street Journal.
  4. ^ Alyson Velati (May 17, 2018). "Cambridge Grows OCIO Assets 50% in Year Since Pivot from Consulting". FundFire.
  5. ^ "Cambridge Associates Names Druley Chairman and CEO". FINalternatives. May 17, 2018.
  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.
  9. ^ "P&I Research Center".
  10. ^ Comtois, James (20 March 2017). "Mercer not only consultant changing with the times". Pensions & Investments. Crain Communications Inc. Retrieved 19 December 2017.
  11. ^ "Cambridge Associates LLC: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-04-04.