
Cambridge Associates
A global investment firm that provides data and consulting services, particularly known for its benchmarks tracking the performance of private market asset classes like venture capital.
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8/16/2025, 2:37:28 AM
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Summary
Cambridge Associates is a privately held investment firm based in the United States, offering comprehensive investment portfolio management and advisory services. Established in 1973 by Hunter Lewis and James Bailey, the firm serves a diverse range of institutional investors, including foundations, endowments, pensions, private clients, and corporate and government entities. Headquartered in Boston, Massachusetts, Cambridge Associates has a global presence with offices in major financial centers. The firm is known for its insights into the venture capital industry, with its data frequently cited to highlight performance disparities between venture capital and public markets, contributing to discussions on VC's challenges, potential for outlier returns, and the strategy of identifying 'power law winners'. As of September 2024, the firm managed US$276 billion in assets.
Referenced in 1 Document
Research Data
Extracted Attributes
CEO
David Druley
Type
Privately held investment firm
Clients
Institutional investors (foundations, endowments, pensions, private clients, corporate and government entities, healthcare systems); clients typically have assets greater than $125 million
Founded
1973
Services
Investment portfolio management, advisory services, outsourced CIO, non-discretionary portfolio management, investment staff extension, asset class mandates, asset management
Headquarters
Boston, Massachusetts, U.S.
Total Assets
US$86 billion (as of December 2023)
Core Strategy
High-equity orientation and broad diversification
Global Presence
Offices in major global financial centers, including 4 offices in Asia-Pacific
Number of Employees
1,387
Assets Under Management (AUM)
US$276 billion (as of September 2024)
Timeline
- Cambridge Associates was founded by Hunter Lewis and James Bailey. (Source: Wikipedia)
1973-01-01
- Pioneered a strategy of high-equity orientation and broad diversification for institutional investors. (Source: Web Search Results)
1980-01-01
- Reported total assets of US$86 billion. (Source: Web Search Results)
2023-12-31
- Reported Assets Under Management (AUM) of US$276 billion. (Source: Web Search Results)
2024-09-30
Wikipedia
View on WikipediaCambridge Associates
Cambridge Associates LLC is a privately held investment firm based in the United States. It provides investment portfolio management and advisory services to institutional investors, including foundations and endowments, pensions, private clients, and corporate and government entities.
Web Search Results
- Cambridge Associates - Insider Consulting Firm Overview
Cambridge Associates is an independent and privately held consulting firm that provides consulting and investment services to over 850 clients globally. The firm aims to strategize with global institutional investors and private clients in order to exceed their investment objectives. CA achieve this goal by offering proactive advice grounded in independent and intensive research. More specifically, the firm helps pension plans, endowments & foundations, as well as high net worth private clients [...] Since the inception of Cambridge Associates in the 1980s, the firm has worked alongside its clients to pioneer a strategy of high-equity orientation and broad diversification. This strategy has been the primary driver of performance for institutional investors since then. Currently, they deliver a variety of portfolio management services, which include non-discretionary portfolio management, outsourced CIO, investment staff extension, and asset class mandates. Cambridge Associates has also [...] planted offices in major global financial centers, but it is headquartered in Boston, MA. The team at CA is comprised with some of the world’s most strategic institutional investors, who bring a deep knowledge of portfolio management best practices to their clients. The firm selects its colleagues with the upmost attention in order for each individuals potential to become a valuable member of a intelligent, collaborative, and hard-working team.
- Cambridge Associates
Cambridge Associates LLC is a privately held investment firm based in the United States. It provides investment portfolio management and advisory services to institutional investors, including foundations and endowments, pensions, private clients, and corporate and government entities. ## History [edit] Cambridge Associates was founded by Harvard College roommates Hunter Lewis and James Bailey in 1973. [...] | | | | Company type | Private | | Industry | Financial services | | Founded | 1973; 52 years ago (1973) | | Founders | Hunter Lewis, James Bailey | | Headquarters | Boston, Massachusetts, U.S. | | Key people | David Druley (CEO) | | Products | Asset management, investment management | | AUM | US$276 billion (September 2024) | | Total assets | US$86 billion (December 2023) | | Number of employees | 1,387 | | Website | cambridgeassociates.com | [...] Jump to content # Cambridge Associates Add links From Wikipedia, the free encyclopedia Privately held investment firm based in the United States Cambridge Associates LLC
- Cambridge Associates: About
As of March 31, 2025. The terms “CA" or “Cambridge Associates" may refer to any one or more of seven investment affiliates that were established for the sole purpose of providing our investment services in various regulatory jurisdictions around the globe: Cambridge Associates, LLC; Cambridge Associates Limited; Cambridge Associates GmbH; Cambridge Associates Asia Pte Ltd; Cambridge Associates Limited, LLC; Cambridge Associates Investment Consultancy (Beijing) Ltd; and Cambridge Associates [...] It may also include experience gathered through temporary work such as internships. Clients For more than 50 years, Cambridge Associates has been a leading voice in building institutional-quality portfolios for endowments, foundations, pensions, and private clients. Hover on each segment to learn more Assets Under Advisement/Management Our institutional and private clients typically have assets greater than $125 million. AUA (Advisory) AUM (Discretionary) AUA/AUM HEDGE FUNDS $91B [...] We build custom portfolios that aim to outperform over the long term to help our clients maximize their impact on the world. Whether that means educating more students, funding more grants or employee retirements, or extending family legacies, we help our clients drive change through their investments.
- Cambridge Associates
We are a global investment firm that works with endowments, foundations, pensions, private clients, healthcare systems, and other institutional investors to implement and manage custom investment portfolios that aim to generate outperformance and maximize impact on the world. With 50+ years of institutional investing experience, we have helped shape and implement investment best practices and built strong global investment networks with the purpose of driving outperformance for clients. We [...] deliver a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates. Cambridge Associates maintains offices in major financial centers across the globe, with headquarters in Boston, MA. With over 1,400 employees, we select our colleagues with great attention to their potential to become a valuable member of a collaborative, intelligent and hard-working team. Follow us for investment research, trending [...] # Cambridge Associates We aim to generate investment outperformance and maximize our clients' impact on the world. Financial Services • Boston, MA • 66,971 followers • 1,001-5,000 employees
- Global Investment Firm - Cambridge Associates
With Cambridge Associates, you get the best of both worlds: the robust resources of a long-standing and global firm with 50+ years of experience and 4 offices in Asia-Pacific, and a small and personalized team dedicated to your goals and constraints. Our deep expertise spans traditional and alternative asset classes, and as early leaders in private investing, we offer decades of experience and a broad network to help drive long-term returns. Learn more about us
Wikidata
View on WikidataFounder
Instance Of
Headquarters
Inception Date
1/1/1975
DBPedia
View on DBPediaCambridge Associates is a privately held investment firm based in the United States. It provides investment portfolio management and advisory services to institutional investors, including foundations and endowments, pensions, private clients, and corporate and government entities.

Location Data
VWS Lee & Associates, Alexander Street, Wembley, Town of Cambridge, Western Australia, 6014, Australia
Coordinates: -31.9399101, 115.8101631
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