Cambridge Associates: A Leader in Investment Management Solutions

Cambridge Associates is a renowned investment management firm that has been helping clients achieve their financial goals for decades. Founded in 1973 by David F. Dittman, the company has grown to become one of the largest investment consultants in the world.

With over 45 years of experience, Cambridge Associates has developed a robust investment management platform that caters to the needs of institutional investors, family offices, and high net worth individuals. Their expertise spans a wide range of asset classes, including stocks, bonds, and alternative investments.

Cambridge Associates has a global presence, with offices in major financial hubs around the world.

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Cambridge Associates has $389 billion in assets under advisement as of mid-2018. This is a significant increase from 2017, with a 50% rise in discretionary management.

The firm has a diverse client base, including the American Red Cross, which outsources the management of its pension and endowment to Cambridge Associates. The University of Louisiana at Lafayette Foundation and Lewis & Clark College also rely on the firm's investment expertise.

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Cambridge Associates provides research that is utilized by reputable news sources such as The Wall Street Journal, Bloomberg, and Reuters. This demonstrates the firm's credibility and trustworthiness in the industry.

In 2017, the firm underwent a restructuring process, laying off 3% of its workforce in the investment staff, performance reporting, and data collection areas. This move allowed the firm to focus more closely on its portfolio management operations.

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Cambridge Associates has reached its goal of making 10% of investments with diverse managers, three years ahead of schedule.

The firm has committed to increasing this percentage to 15% by 2025, a 50% higher target than originally planned.

Jasmine Richards, Cambridge Associates' head of diverse manager research, emphasizes the need for intentional decisions to achieve this more equitable goal.

According to the firm, 31% of its U.S. colleagues identify as ethnically diverse, up from 20% in 2015.

62% of its clients hold investments with diverse managers, and social equity is a top driver for impact investing capital.

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Investment Services have been a key area of focus for the company since its establishment in 1973. This is evident in the wide range of services they offer, including investment consulting and outsourced portfolio solutions.

Their research services and tools are also highly regarded, providing valuable insights to help clients make informed investment decisions. The company's performance monitoring capabilities are equally impressive, covering various asset classes.

The company's services extend to areas such as investment objectives, asset allocation, and investment management structures and guidelines. They also assist with investment manager selection and evaluation, ensuring that clients receive the best possible advice.

Here are some key facts about the company's investment services:

Cambridge Associates reached its goal of investing 10% of its assets with diverse managers three years ahead of schedule.

The firm defines a diverse manager as being a minimum of 33% owned by women and/or people of color.

The company made new commitments to over 40 diverse managers in 2022, with 15 of those being new relationships.

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31% of Cambridge Associates' U.S. colleagues identify as ethnically diverse, up from 20% in 2015.

62% of the firm's clients hold investments with diverse managers.

Investment decisions can be more equitable when grounded in processes that prioritize diversity, equity, and inclusion.

Cambridge Associates aims to invest 15% of its $548 billion in assets under advisement with diverse managers by 2025.

Cambridge Associates has named a new head of its investment strategy office, who will be responsible for overseeing the firm's investment teams and ensuring they have the resources needed to create bespoke portfolios for clients.

Noel Tongberg has taken on this role, and she plans to continue managing client portfolios while also supporting other portfolio managers and the firm's investment platform.

Tongberg believes that her firsthand experience managing client portfolios will help her identify what the firm needs to drive performance.

Over the past 20 years, Cambridge has shifted its focus from being a consultant to primarily managing investments on behalf of clients.

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The firm has nearly doubled its pension OCIO assets over the past five years and is continuing to pursue acquisition opportunities to expand its capabilities and expertise.

Family offices are a key area of growth for Cambridge, with the number of private clients it serves globally increasing by 56 percent over the past five years.

These clients have complex portfolios that require tailored investment strategies, and Cambridge's customized approach allows them to establish their own relationships with managers.

This can provide family offices with better access to investment opportunities and a more stable long-term relationship with a preeminent firm.