Cambridge Associates LLC /ma/ /adv
Cambridge Associates LLC is a privately held investment advisory firm headquartered in Boston, Massachusetts. Founded in 1973, it is principally employee and client owned. The firm specializes in partnering with institutional clients—including endowments, foundations, pension plans, corporations, and private clients—to implement and manage custom investment portfolios with a focus on generating outperformance. Cambridge Associates operates globally, with eight subsidiary affiliates providing investment management, investment advisory, research, and performance reporting services. With over five decades of experience, it serves clients seeking both discretionary and non-discretionary investment management as well as specialized advisory services. The firm employs approximately 850 professionals worldwide.
Investment Strategy
Cambridge Associates LLC offers custom portfolio management, discretionary (OCIO) and non-discretionary investment advisory services tailored to the specific governance and risk framework of each client. Its focus is on rigorous research, manager due diligence, and sourcing and monitoring alternative investments across asset classes. The firm is independent and does not accept compensation from third-party product providers. It seeks to deliver long-term risk-adjusted outperformance, leveraging global scale and specialized asset expertise to meet both institutional and private client objectives, often integrating ESG and impact investment considerations based on client preferences.
Top Holdings
Equity Positions (47)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VOO | VANGUARD INDEX FDS | 29.35% | $1.34B | 2,364,420 | $445.85 | $568.03 | +$117.7M |
V VT | VANGUARD INTL EQUITY INDEX F | 15.60% | $714.1M | 5,554,414 | $101.30 | $128.52 | +$158.7M |
A AGG | ISHARES TR | 7.46% | $341.3M | 3,440,357 | $100.18 | $99.20 | +$250.8M |
E EFA | ISHARES TR | 7.10% | $325.1M | 3,636,379 | $89.01 | $89.39 | +$314.6M |
V VTIP | VANGUARD MALVERN FDS | 5.28% | $241.8M | 4,810,623 | $48.78 | $50.27 | +$29.9M |