Podcasts about Cambridge Associates

Our guest for today's podcast is Richard Chau, Chief Investment Officer of the Tulane University Endowment. Richard joined Tulane in 2013 and was promoted to CIO in 2021. Prior to Tulane, Richard helped manage a multi-billion dollar global private equity portfolio in Bessemer Trust's Private Equity Funds Group. Before Bessemer, Richard worked in the investment office at The Andrew W. Mellon Foundation. His previous experience also includes investment banking at Houlihan Lokey and investment consulting at Cambridge Associates.   Richard has a BA in Economics and Chinese from Williams College and an MBA from Columbia Business School.   Without further ado, here is our conversation with Richard Chau.

In this episode of The Distribution, host Brandon Sedloff sits down with Maria Surina, Managing Director in the Real Assets group at Cambridge Associates, for a wide-ranging conversation on how real estate and broader real assets are evolving within institutional and private wealth portfolios. Maria shares her unique career journey—from growing up in Russia and studying real estate finance in Canada, to working across appraisals, operating companies, endowments, and now advising clients at Cambridge Associates. She discusses how early lessons in valuation continue to shape her view of investment opportunities today, and how Cambridge helps clients build customized real assets portfolios that balance growth, diversification, and income. The conversation also covers: How demographics, digital infrastructure, and energy transition are reshaping real assets The rising importance of operationally intensive real estate strategies How family offices and institutions are thinking differently about private markets exposure The challenges and opportunities facing GPs as the capital-raising environment evolves Why finding true differentiation in managers often comes down to execution, culture, and people Maria offers an inside look at how Cambridge evaluates managers, constructs portfolios, and helps clients navigate a shifting investment landscape—highlighting why long-term thinking, relationship-building, and sector expertise are more important than ever. Links: Cambridge Associates - https://www.cambridgeassociates.com/ Brandon on LinkedIn - https://www.linkedin.com/in/bsedloff/ Juniper Square - https://www.junipersquare.com/ Topics: (00:02:02) - Maria's background and career (00:15:33) - Endowment Capital (00:18:11) - Transitioning to Cambridge Associates (00:20:42) - What range of clients fit the Cambridge portfolio? (00:23:28) - How clients should be thinking about their real assets (00:28:48) - Shifts in views toward private investments (00:32:27) - What are you seeing in the markets? (00:35:17) - Narrowing the funnel to find the best of the best managers (00:37:47) - Things and themes to look for in GPs (00:41:38) - Insights for operators to think about before approaching a Cambridge-type organization (00:44:12) - What is your outlook for real estate over the next 12 months? (00:49:24) - How are GPs thinking about their businesses right now? (00:56:05) - How to learn more about Cambridge

In a world where the gender funding gap remains stubbornly wide, women are on a mission to change the game. Erin Harkless Moore is at the forefront of driving breakthrough innovations and social impact through strategic investments. In this episode, Erin shares her journey from Wall Street to impact investing, and the powerful strategies she's employing to empower women-led funds and companies that are reshaping industries and communities. From tackling the challenges of biased funding practices to championing the importance of diverse decision-makers, her insights offer a roadmap for anyone passionate about leveraging the power of capital to create a more equitable future. This week's episode 148 of How Women Inspire Podcast is about driving breakthrough innovations and impact! In this episode of How Women Inspire Podcast, Erin Harkless Moore is sharing the importance of aligning your work with your personal values and actionable steps you can take right now to level up your leadership qualities. Erin Harkless Moore is the Senior Director of Investments at Pivotal Ventures created by Melinda French Gates to accelerate social progress in the United States. She leads the organization's fund and direct investment decisions, overseeing a diverse portfolio that drives breakthrough innovations and impact for people in this country. Erin has nearly 20 years of investment experience previously working as the Managing Director at Cambridge Associates.Some of the talking points Julie and Erin go over in this episode include:The importance of aligning your values and your work with your professional interests.Challenges and opportunities for women in the venture capital space.Recognizing the biases that hold women back from raising capital.Erin's biggest lessons that have defined her career.Thank you for listening! If you enjoyed this episode, take a screenshot of the episode to post in your stories and tag me!  And don't forget to follow, rate, and review the podcast and tell me your key takeaways!Learn more about How Women Inspire at https://www.howwomenlead.com/podcast CONNECT WITH ERIN HARKLESS MOORE:LinkedInTwitterPivotal VenturesCONNECT WITH JULIE CASTRO ABRAMS:LinkedIn - JulieHow Women LeadHow Women InvestHow Women GiveInstagram - HWLLinkedIn - HWLFacebook - HWL

As colleges and universities attempt to navigate today's challenging economic environment, they are increasingly relying on their endowments to fund operating costs. That sometimes means spending beyond their endowment's spending policy guidelines, which presents a difficult dilemma: How do they serve present needs yet also safeguard the institution's long-term financial sustainability? In this podcast, AGB's David Bass speaks with Cambridge Associates' Tracy Filosa about the balance that institutional leaders must strike between, on the one hand, meeting current demands and, on the other, ensuring that adequate resources will be available for future generations of stakeholders.

In episode 16 of the Alternative Allocations podcast, Kate Huntington joins Tony to discuss her years of experience partnering with family offices, endowments and foundations and how she approaches incorporating alternative investments into her clients' portfolios. They delve into the importance of due diligence and understanding the role of each asset class when working with clients to determine the best strategy for each situation. Whether it's an individual investor or large family office, often the investment thesis is the same – it's about enhanced returns, diversification, and having a long-term mindset. Kate Huntington, Managing Director, Head of Advisory Solutions Group. Kate leads the Advisory Solutions Group within Fiduciary Trust which brings comprehensive investment advisory solutions to ultra high net worth and institutional clients. Kate has an expertise in both private markets and sustainable investing and previously was the co-head of the research and manager selection team at Athena Capital Advisors. Kate's prior roles include working as a Consulting Associate at Cambridge Associates where she supported consultants in managing, advising on, and reporting on a variety of institutional clients' investment portfolios. Kate started her career as a Research Analyst at Stonebridge Associates, a real estate investment and advisory firm, and then transitioned to economic consulting with both Capital Economics and LECG, where she was an Economist/Consultant providing economic analysis and market research to support high-profile anti-trust litigation. Kate earned her Master of Business Administration from Yale School of Management and her Bachelor of Arts in economics from University of Virginia. Kate is Co-author –Diversity and Inclusion Framework, December 2019; Co-author –Investing in Gender Equality, January 2018; Co-author –Impact Investing: History & Opportunity, January 2017; Co-author –Social Finance and the Postmodern Portfolio: Theory & Practice, Journal of Wealth Management (Spring 2016). Kate currently holds the Series 7, 24 and 65 licenses and is active as a Member, Board of Trustees, Becket-Chimney Corners YMCA. Kate Huntington | LinkedIn Fiduciary Trust International Alternatives by Franklin Templeton Tony Davidow, CIMA® | LinkedIn

Anthony Maniscalco, Managing Partner and Head of Strategic Capital Group at Investcorp, joins our hosts to discuss the dynamic realm of GP stakes. In this episode, we explore Anthony's professional journey into GP stakes investments, how Investcorp operates in this area, and advice for newer entrants into private markets.  Don't miss our Interact conference in New York on October 15-16! The first day will be dedicated to developments in private markets, with speakers from KKR, Blackstone, Cambridge Associates and others. Register now.    More S&P Global Content: Click here to register to Interact 2024   Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Anthony Maniscalco, Ninety One Producer: Nicholas Hamilton, Georgina Lee www.spglobal.com

While we're busy pulling together stories for the fifth season of Unseen Upside, we thought you might be curious about what it is that Cambridge Associates actually does. In a nutshell, we have the privilege of partnering with some of the world's top institutional investors—like nonprofits, universities, hospitals, pension plans, and even private families—and we try to help them reach their investment goals.Recently, we had a conversation with four of our non-profit clients from institutions with assets ranging from $200 million to $850 million to understand why they chose to outsource day-to-day portfolio decisions so they could focus on bigger picture strategy for their organizations. Their stories offer insight into how we collaborate with clients so they can do even more for the communities they serve. Don't forget to check back this fall for the latest season of Unseen Upside: Investments Beyond Their Returns.Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company. Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

While we're busy pulling together stories for the fifth season of Unseen Upside, we thought you might be curious about what it is that Cambridge Associates actually does. In a nutshell, we have the privilege of partnering with some of the world's top institutional investors—like nonprofits, universities, hospitals, pension plans, and even private families—and we try to help them reach their investment goals.Recently, we had a conversation with four of our non-profit clients from institutions with assets ranging from $200 million to $850 million to understand why they chose to outsource day-to-day portfolio decisions so they could focus on bigger picture strategy for their organizations. Their stories offer insight into how we collaborate with clients so they can do even more for the communities they serve. Don't forget to check back this fall for the latest season of Unseen Upside: Investments Beyond Their Returns.Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company. Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

Highlights from this week's conversation include:Chris Shen's Background and LP Career Journey (0:52)US-China Geopolitics, History, and MacroEconomics (3:27)Developing Relationships with Asian Allocators (8:02)Flavor of GP and Navigating Family Offices in Asia (11:31)Understanding LP Motivations (16:52)Importance of Liquidity for Investors (18:35)Working with Corporate Venture Capital Groups (22:15)De-risking Perception for Corporates (24:28)Diversity of VC Ecosystem (30:53)Insider segment: Focusing on the Innovation Economy (32:01)Learning the ropes of venture capital (38:18)Advice for junior investors (40:30)Personal experiences and growth in investing (43:27)Asian American foundation and the Committee of 100 (45:33)C100 organization (49:57)Connecting with Chris and Final Takeaways (50:27)Chris Shen has over 15 years of financial services, investments and legal experience in both the United States and Asia. He is the co-founder of Revere, which is building a tech-enabled, data-driven platform specializing in emerging managers – like Cambridge Associates for the modern allocator. l. Previously, Chris was a managing director at LQ Pacific Partners, a Hong Kong based merchant bank focusing on tech investments. Chris was also a founding partner of West 22nd Capital Advisers, a Hong Kong-based single family office and SFC-licensed investment firm. Chris led investments in external asset managers, established the firm's operations and was a member of the investment committee. Before moving to the buy side, Chris was a senior corporate finance and investment funds lawyer with Baker McKenzie, with a pan-Asia practice representing large corporates, financial institutions, and fund managers.Gunderson Dettmer is the preeminent international law firm with an exclusive focus on the innovation economy. The firm serves market-leading venture capital and growth equity investors and pioneering companies through inception, growth and maturity, as well as groundbreaking public companies that result from the global venture capital ecosystem. The firm's clear-cut focus and well-honed technical skill enables an accelerated pace and unmatched efficiency, delivering best-in-class value at each phase of a client's business. Learn more: www.gunder.com. Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies. The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.

Join hosts Pat and Konch on the Dakota Fundraising News Podcast as they dive into recent job changes, advisor activity, and institutional investment updates. This episode unpacks key job transitions, including Alex Sawabini's move from Cambridge Associates to BCG, John Patterson's new role at Wilshire Associates, and Scott Chan's appointment as CIO of CalSTRS. Learn about William Blair's expansion in Philadelphia with the acquisition of Fernberger Wealth Management and LPL's addition of two advisors from Cetera, boosting their managed assets significantly. Our institutional coverage highlights significant investment actions and upcoming searches at various pension systems, including the Boston Retirement System's plans for a Private Equity & International Small Cap manager search, and notable commitments by the Santa Barbara County Employees' Retirement System in alternative funds.

This week, I am pleased to welcome Doug Macauley, Partner at Cambridge Associates and member of the firm's Private Client Practice. Doug works with both G1 entrepreneurs and multi-generational families and specializes in developing asset allocation strategies and investment manager structures for families with a broad range of investment objectives and risk tolerances. Doug is a CFA charter holder with over 25 years of investment industry experience in performing due diligence for clients on managers across public and private asset classes and advises families on a range of issues, such as structuring pooled investment vehicles, managing concentrated stock holdings, integrating estate planning within the investment portfolio, and establishing investment governance. A big and recurring topic in Doug's work with families, both newly liquid ones and multigenerational enterprise families, is asset allocation. He tells us how families are thinking (or should be thinking) about asset allocation and lists some of the important considerations surrounding this topic, such as liquidity needs, risk tolerance, and distribution policies. Another important theme that comes into Doug's conversations with his client families is active vs. passive investments. He shares his views on how families should be making these tradeoffs and offers his suggestions for families to consider as they look to juggle the sometimes-competing priorities of returns, control, risk, and complexity. One important practical piece of advice Doug has for families and family offices is to make sure they fully understand their exposure within their investment portfolio. He offers some valuable tips and suggestions for family leaders and family office executives on the various methods and tools to do that. Another critical best practice Doug recommends is stress-testing the family's portfolio. He talks about how families and their enterprise offices should be doing that and unveils a number of resources they can lean on to accomplish this objective. Don't miss this instructive and insightful conversation with an expert practitioner and thought leader representing one of the most thoughtful and respected investment advisory firms in the private wealth and family office space.

Join us on this inspiring episode of "What Gives" as host Erin Satzger welcomes two distinguished guests, Emma Off and Sarah Douglas, from CincyTech. Emma, the CEO, President, and Partner at CincyTech, brings her extensive legal expertise and deep-rooted community involvement to the table. With a rich background in mergers and acquisitions and accolades such as "Lawyer of the Year," Emma discusses the critical role of legal frameworks in nurturing high-growth companies and how these structures support entrepreneurial success.Sarah Douglas, a Director at CincyTech, shares her journey from analyzing investment portfolio performance at Cambridge Associates to leading venture capital initiatives that transform scientific research into groundbreaking commercial products. She delves into the excitement and challenges of funding technologies that promise to change lives, providing listeners with an inside look at the venture capital process and its impact on healthcare and technology sectors.Together, they explore how their roles intersect and complement each other in driving innovation and supporting startups. Whether you're a seasoned philanthropist, a sports enthusiast, or just passionate about making a difference, this episode will inspire and equip you to contribute more effectively to your community.Tune in to discover how these two leaders use their expertise to solve complex problems and encourage community engagement through thoughtful investment and legal insight.

Letitia Johnson is the CIO of Amherst College, where she manages the school's $4 billion endowment. After thirteen years working with twenty-five clients and attending over 1,000 Investment Committee meetings at Cambridge Associates, Letitia developed a view about investing that differs from many similar pools of capital and has applied that view over the last five years. Our conversation covers the subtleties of managing an endowment with a concentrated, bottom-up manager-selected approach for the long-term, including portfolio construction, risk and liquidity management, long-term investing, and competition for capital.   Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

David Druley received his BBA and MBA from McCombs and currently serves as the Chief Executive Officer of Cambridge Associates. He interned as an investment analyst at the Teacher Retirement System of Texas and started his own investment management firm, called Druley Investment Management, for 9 years.  In this episode, host Firdous Khezrian spoke with Druley about risk management and tolerance in business and life, the traits of some of the best portfolio managers and the legacy he hopes to leave as a Longhorn.  --- This podcast was produced by The Drag Audio Production House. Want to work with The Drag? Reach out here.  

Artificial intelligence is transforming healthcare, unleashing new investment opportunities. From cancer screening to drug discovery, AI promises to augment clinical decision-making and improve care. We'll explore the surging ecosystem of medical AI innovations, from the emerging tech landscape to practical deployment. But what are the challenges facing real-world implementation? Which applications show the most promise? Join us as we investigate how artificial intelligence can change healthcare for the better while examining what it will take to do it well. Guests include: Bob Nelsen, Co-Founder and Managing Director at Arch Venture Partners Daphne Koller, Founder and CEO at insitro David Baker, Ph.D., Director at the Institute for Protein Design and Professor of Biochemistry at University of Washington Theresa Hajer, Partner and Managing Director of Venture Capital Research at Cambridge Associates Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company. Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

Autoimmune diseases like lupus impact over 5 million patients globally, but treatment options remain limited. Now, decoding the once mysterious "dark genome" could bring new therapies. Over 90% of our DNA was once considered "junk"—but we've learned this dark matter regulates gene expression and human disease. This episode takes you to the pioneers who are unlocking the dark genome's potential to correct root causes of complex conditions like lupus. We'll chat with those illuminating this uncharted territory and developing novel approaches. Guests include: Rosana Kapeller, M.D., Ph.D., Co-Founder, President, & CEO at Rome Therapeutics Steve Kafka, General Partner at S32 Keri Mastrogiacomo, mother of a Lupus patient Katherine Cavanagh, Associate Investment Director at Cambridge Associates  Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company. Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

Obesity is a global health crisis, with over 650 million adults affected worldwide. This drives massive economic and disease burdens. Yet new treatment options like GLP-1 drugs offer hope. This episode analyzes the investment landscape and future of obesity therapeutics, focusing on transformational GLP-1 drugs like Ozempic that curb appetite. Join us as we investigate the promise and challenges of emerging anti-obesity drugs, learn about one patient's journey taking them, and discover what the future of weight loss medicine could look like. You'll hear from leaders in the space as well as a current patient taking these medications. Guests include: Rod Wong, Founder, Managing Partner, and Chief Investment Officer at RTW Investments Raymond Stevens, Ph.D., Chief Executive Officer at Structure Therapeutics Dean Dimizas, Partner and Managing Director at Cambridge Associates Kathleen Mikaelian, Patient Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company. Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

#BRNAM #1665 | Considering Private Real Estate as a Foundation for Multi-Asset Defined Contribution Plan Investment Options  | Jonathan Epstein, DCALTA, Jani Venter, J.P. Morgan Asset Management,  Clint Cary, Cary Solutions & Hayden Gallary, Cambridge Associates   | #Tunein: broadcastretirementnetwork.com #JustTheFacts | For more information visit https://www.dcalta.org/  

Precision oncology represents an exciting shift in cancer treatment from a one-size-fits-all approach to personalized care based on each patient's unique cancer and molecular makeup. In this episode, we'll explore how precision oncology is transforming the landscape of cancer care and improving outcomes at leading hospitals like St. Jude Children's Research Hospital. We'll discuss the latest precision diagnostic technologies enabling doctors to analyze a tumor's molecular profile and match targeted therapies to save lives. Join us as we investigate the promise of precision medicine to make cancer treatment more effective and more equitable. Guests include: Rick Shadyac, President and CEO at ALSAC, the fundraising and awareness organization for St. Jude Children's Research Hospital, a Cambridge Associates client Matt Gevaert, Co-Founder and Board Member at Kiyatec Jason Robart, Co-Founder & Managing Partner at Seae Ventures Jeff Blazek, Partner and Head of the Northeast & Midwest Endowment & Foundation Practice at Cambridge Associates, who works with ALSAC/St. Jude as one of his clients, in partnership with Anurag Pandit, CIO of ALSAC/SJCRH, and the Investment Department.

Thanks to medical advances, we're living longer lives but with that comes rising rates of Alzheimer's disease. Currently 6 million Americans have Alzheimer's, and that could triple by 2050. This episode explores emerging innovations offering hope against neurodegenerative diseases. We'll discuss promising new drugs that could slow cognitive decline and the strides scientists are making towards understanding causes and developing therapies—and how these breakthroughs are giving hope to one family fighting to save their mom. Episode two explores the history of Alzheimer's, its current challenges, and the promising therapies made possible by innovation and investment. You'll hear from: Dr. Asa Abeliovich, Neurologist, Molecular Geneticist, and Founder and CEO at Leal Therapeutics Carl Gordon, Managing Partner and Head of Global Private Equity at OrbiMed Ham Lee, Co-Head of the Healthcare Practice at Cambridge Associates Randi Casciano, Director of Global Public Relations at Cambridge Associates Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company. Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

Aakar Vachhani, Managing Partner at Fairview Capital Partners, explores the crucial role of limited partners (LPs) in the venture capital ecosystem. He delves into the distinctive characteristics of venture capital as an asset class and sheds light on Fairview's role as a fund of funds, culture, investment strategy, areas of focus, and bullish stance on emerging managers. Additionally, he shares insights on trending topics that could influence the future of the venture capital industry.In this episode, you'll learn:[6:15] Fairview employs a dual investment strategy to cover both established and niche areas in private markets.[13:02] New, appropriately sized VC firms focusing on specific stages have the opportunity to generate significant returns.[16:53] The venture capital landscape has undergone substantial changes in the past 30 years.[27:00] Technology's pervasive influence creates vast opportunities for disruption across various industries.[32:34] Advice for investors, especially emerging managers: Be a great investor and entrepreneur; value collaboration and sharing best practices with peers.The non-profit organizations that Aakar is passionate about: San Francisco Achievers, New Breath FoundationAbout Aakar VachhaniAakar Vachhani is a Managing Partner at Fairview Capital Partners and a key member of Fairview's investment committee. In this role, he actively engages in research, due diligence, investment monitoring, and business development for Fairview's venture capital and private equity portfolios, as well as direct co-investment initiatives. He established and leads Fairview's San Francisco office.Before joining Fairview, Aakar worked with Cambridge Associates, a prominent investment advisor catering to foundations, endowments, and corporate/government entities. Earlier in his career, he gained experience at MK Capital, a multi-stage venture capital firm with a specific sector focus on software and cloud services.About Fairview Capital PartnersFairview Capital Partners is a Connecticut-based investment management firm specializing in cutting-edge segments of the private markets. Founded nearly three decades ago, Fairview has evolved into one of the largest minority-owned investment firms in the United States, managing over $10 billion in fund capitalization. With a clientele including leading foundations, endowments, pension plans, and family offices, Fairview Capital's innovative and inclusive approach, coupled with its entrepreneurial spirit, continues to make an indelible mark on the venture capital industry.Subscribe to our podcast and stay tuned for our next episode.

Endowments and foundations are some of the most consistent investors in private equity, and they often have some the highest allocations to the asset class. But have the challenges private equity has faced over the last 12 months dented their appetite? What are some of these investors thinking when it comes to their private equity portfolios? In this episode of Spotlight, senior editor Adam Le sits down with Jill Shaw, a managing director at global consultancy Cambridge Associates, to find out what advice she is giving her clients when it comes to private markets portfolio construction and which investment strategies are most attractive to them.

The future of healthcare is here. Get an an inside look at the innovations transforming lives on season four of Unseen Upside, premiering Tuesday, February 6. This season, we pull back the curtain on cutting-edge advancements at the intersection of technology and medicine, learn how AI is revolutionizing diagnostics and treatment, discover the potential of GLP-1s to combat obesity, and how breakthrough Alzheimer's therapies are offering hope to millions. We'll also uncover creative approaches to solving the mental health crisis. Powered by the global network of Cambridge Associates, join us to explore healthcare investments beyond their returns.

Lorenzo Simonelli, CEO of Baker Hughes, joins to discuss the company's earnings and outlook for 2024. Bloomberg Intelligence Senior Industrial Services Analyst Scott Levine joins to discuss the earnings as well. Anna Rathbun, CIO at CBIZ Investment Advisory Services, gives her market outlook. Mark Douglas, Founder and CEO at MNTN, discusses the latest news and earnings from Netflix. And Andrea Auerbach, Head of Private Investments at Cambridge Associates, joins to discuss her view on the markets and current investment opportunities. Hosts: Paul Sweeney and Alix Steel See omnystudio.com/listener for privacy information.

We recently hosted a group of global institutional clients from 23 different countries for an educational event in our San Mateo headquarters. This feature episode is a panel discussion that Tony moderated with Brooks Ritchey, chairman of K2 Advisors, and Peter Blue, head of Alternative Solutions at Franklin Templeton Investment Solutions. We hope you enjoy this special edition of our podcast series. *********       Brooks Ritchey joined K2 Advisors (a hedged strategies division of Franklin Templeton) in 2005 and is currently a Portfolio Manager and Chairman. He is also a voting member of the K2 Investment Committee. Prior responsibilities at K2 include Co-Chief Investment Officer, Co-Head of Investment Research & Management, and Head of Portfolio Construction. Mr. Ritchey works with clients and investment management teams to analyze market and macroeconomic conditions, help determine asset allocation tilts, and manage absolute return and multi-asset hedged portfolios. Mr. Ritchey began his investment career in 1982 as a proprietary trader for the NYSE Specialist Firm of Conklin, Cahill & Co. Since 1987, Mr. Ritchey has successfully managed multi-asset mutual fund and hedge fund portfolios for institutional and registered portfolios while located in New York and Paris. Prior employers include Steinhardt Partners, Citibank, Finch Asset Management, Paribas, AIG, and ING/Barings. Mr. Ritchey graduated from Franklin & Marshall College in 1982 with a B.A. in Business Administration and is Series 3 NFA registered. Peter Blue is the Head of Alternatives Solutions for Franklin Templeton Investment Solutions. He is responsible for the development and implementation of multi-asset alternatives capabilities for the Solutions team.  Most recently, he was a client portfolio manager, also for Franklin Templeton Investment Solutions. Mr. Blue focuses on designing, managing, and maintaining multi-asset investment solutions for institutional clients in the Americas. Prior to joining Franklin Templeton, Mr. Blue was an investment analyst at QS Investors, a quantitative multi-asset and equity manager, where he was responsible for leveraging the breadth of QS' capabilities in the creation of new and custom investment solutions. QS Investors combined with Franklin Templeton Multi-Asset Solutions in October 2020 to create Franklin Templeton Investment Solutions. Before QS Investors in 2019, Mr. Blue was an alternatives product specialist at Legg Mason. Previously, he held product development, business development, and investment analyst roles with Guggenheim Partners, AlphaMetrix and Cambridge Associates, respectively. Mr. Blue holds a Bachelor of Science degree in business administration from Washington & Lee University, where he graduated magna cum laude. He also holds the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA) and Financial Risk Manager (FRM) designations. Mr. Blue is a member of the CFA Society New York and the Global Association of Risk Professionals (GARP).

IBM sent shockwaves through the retirement industry recently when it was revealed that the tech and computing giant is halting its 5% 401(k) match in favor of a 5% contribution to a new, portable, immediate-vesting pension called a “Retirement Benefit Account.”Joining us to discuss this move and its wider implications within the retirement industry is someone who knows the defined benefit market very well in Brian McDonnell, Head of the Global Pension Practice at Cambridge Associates. There he oversees the firm's work with more than 150 plan sponsors, and also works directly with clients as their OCIO.He'll explain why the move happened, whether (and why) other plan sponsors might be considering it, and key trends he sees impacting the defined benefit space in the coming year.

⭐ My guest today is Micah Kotch, Partner at Blackhorn Ventures. Blackhorn Ventures invests in companies redefining industrial resource efficiency. Their portfolio serves enterprise customers across Energy, Construction / Real Estate, Supply Chain / Logistics and Transportation – interconnected industries that generate $3T in annual revenue and account for the vast majority of global greenhouse gas emissions. They've raised three funds totalling over $270 in AUM. Their investments in 60+ seed and Series A ventures is performing in the top quartile of all comparable VC funds, according to Cambridge Associates. Micah was previously part of the BMW Group, where he served as Managing Director of URBAN-X; the platform for startups reimagining city life. He is also a Founding Partner of C3, an AngelList syndicate backing companies working to reduce emissions, mitigate the worst effects of climate change, and help humanity adapt to a changing world. ---

In this episode, we speak with Andrea Auerbach, Head of Global Private Investments at Cambridge Associates. Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios. With 50 years of institutional investing experience, the firm delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates. Andrea leads a 50-person team sourcing and underwriting private equity, growth equity, distressed, and venture capital funds, as well as direct, co-investment, and secondary investment opportunities, resulting in over $10 billion being invested annually across these strategies. She is also a member of the firm's Leadership Team and leads CA's Discretionary Private Investments practice. I am your host RJ Lumba.  We hope you enjoy the show.  If you like the episode, click to subscribe.

Welcome back to the Alt Goes Mainstream podcast.Today, we travel to London to talk with someone who has seen the evolution of the European tech ecosystem up close.We discuss the rise of Europe with Isomer Capital's Co-Founder and Managing Partner Joe Schorge. Isomer is a pan-European fund-of-funds, co-investment, and secondaries platform that is on its way to €1B AUM. They've invested in 70 VC funds, including the likes of Seedcamp, Hoxton Ventures, Atlantic Labs, and leading European companies like Sorare, Refurbed, Zenjob, and more.Joe has a fascinating perspective on European's tech ecosystem on a number of dimensions. He's an American who moved to Europe in the late 1990s to work in tech before moving to the allocator and investor side. He worked as an investment consultant at Cambridge Associates, where he advised institutional investors in Europe and MENA on strategy, planning, and implementation that amounted to over $2B of capital across 75 transactions in private markets. He was then a Managing Director at Pomona Capital in Europe, where he focused on secondaries, fund investing, and co-investments, which paved the way for him to found Isomer as one of the early institutional pan-European fund-of-funds based in Europe.Joe and I had a rich conversation about the past, present, and future of the European tech ecosystem. We discussed: Why Europe is a great place to invest right now. Perspectives on how to build a tech ecosystem, given Joe's deep experience and history in Europe. How they uncovered two local funds which invested in one of Europe's biggest tech successes, UiPath. The biggest opportunities in the ecosystem. Why availability of capital is not the issue for the European ecosystem. Why local funds will still win in their respective regions at pre-seed and seed. Why there are different skillsets that both investors and founders need to have to succeed in Europe. What the current market environment means for European venture. Why more institutional investors should be allocating to European venture. Thanks Joe for coming on the Alt Goes Mainstream podcast to share your wisdom and experiences about European venture and thanks to the EUVC team, Andreas Munk Holm and David Cruz e Silva, for the intro to Joe, where they together have a fantastic partnership between Isomer and EUVC.

Gordon Barnes is the Executive Vice President and the Head of Portfolio Group on the Bain Capital Partnership Strategies team, a group that manages assets primarily for Bain Capital's partners in strategies that diversify away from the equity-orientation of the firm's core. Colin Campbell, the group's co-head, was a previous guest on Capital Allocators, and that conversation is replayed in the feed for context on the group's approach to investing in esoteric assets. Prior to Bain Capital, Gordon was a Managing Director and Global Head of Operational Due Diligence at Cambridge Associates where he helped build the firms ODD practices. Our conversation covers Gordon's perspective on ODD from his time at Cambridge, becoming knowledgeable in uncommon fund strategies, some case studies from his work with managers, and what makes his role one of a kind. Learn More Follow Capital Allocators at @tseides or LinkedIn Subscribe to the mailing list Access transcript with Premium Membership

In this episode, Jocelyn and Chris are joined by Jad Stella, Senior Director of Private Investments at Cambridge Associates. Together they examine the data at the foundation of Cambridge Associates' benchmarks, their most common use cases, and the risk and returns that drive differentiation between private investment strategies.

    Isela Rosales is the Managing Director, Head of ESG & Sustainability at Bridge Investment Group, a leading real estate investment firm. Isela is based in San Francisco, CA. Prior to joining Bridge, Ms. Rosales lived and worked in New York City for nearly a decade in the financial services sector building and managing large institutional client relationships for multiple global asset management firms.    She pursued and earned the Chartered Alternative Investment Analyst designation in 2016 and decided to expand her financial services background from the hedge fund industry to include private real estate. She began her career at Cambridge Associates, working in Menlo Park following her graduation from Stanford University before receiving a promotion that would take her to the firm's Boston headquarters.    Ms. Rosales received her dual Bachelor of Arts degrees in International Relations and Spanish from Stanford, graduating with honors distinctions, and achieved top of her class ranking from Elsie Allen High's first graduating Class of 1997. She is fluent in Spanish and competes in Ironman and marathon competitions in her spare time.    Isela was the first alumna to start giving back to Elsie Allen through her Ironman competitions prior to the Foundation being established. She currently serves as a Community Member on the Board. Show Highlights A platform of strategies in renewable energy ventures and in secondaries in the real estate value arena to meet where the market is heading. Where real estate meets technology with the five areas of PropTech and ESG/sustainability is one of those five.  Tips to determine what to put effort into, what's important, and  selecting frameworks, scoring systems, and which plaques to go after. Unpack the vast menu of building certifications from the smallest to the largest that exist around the world.  What you need to know about PRI and PRI Signatory to achieve important milestones. The secret to ESG with some high level tips. What to consider for your organizations employee engagement, developing  talent and supportive measures for DEI. Selecting programs that make sense for a given property type.    “The S of ESG, does not represent sustainability, it actually represents Social - you can have the most efficient building out there, but you still have to factor in the People side of the equation. I really believe that when the topic of the S comes up, it's important to look at it from two perspectives. One, as the S relates to your company, what is going on for the employees of your company. And then the S is also for your company's investments in society.” -Isela Rosales        Show Resource and Information Connect with Charlie Cichetti and GBES   GBES is excited our membership community is growing. Consider joining our membership community as members are given access to some of the guests on the podcasts that you can ask project questions. If you are preparing for an exam, there will be more assurance that you will pass your next exam, you will be given cliff notes if you are a member, and so much more. Go to to learn more about the 4 different levels of access to this one-of-a-kind career-advancing green building community!   If you truly enjoyed the show, don't forget to leave a positive rating and review on .  We have prepared more episodes for the upcoming weeks, so come by again next week! Thank you for tuning in to the !   Copyright © 2023 GBES

Source: Canada's Venture Capital Landscape Report (2023) — BDCObjectiveThe venture capital landscape is a dynamic and ever-evolving environment, where success is measured not only by achieving high valuations but also by generating strong returns for investors. As we saw companies climb Mount Everest to unicorn statuses in the past 18 months, many failed to get back down safely to survive.It is imperative for Canada to ensure transparency in venture capital returns to remain globally competitive. Open dialogues on challenges and strategies are part of this effort. The aim is to disseminate insights, equip other fund managers with valuable knowledge, and bolster Canada's standing in the global venture capital sphere. This collective effort has the potential to drive Canadian startups forward and attract international capital and talent to this burgeoning ecosystem.In Canada, the federal government has been influential in creating a conducive environment for startups and venture capital, through initiatives such as the Business Development Bank of Canada (BDC) and the Venture Capital Catalyst Initiative (VCCI). These efforts have proven crucial in supplying public funding to draw in private sector capital and kickstart the Canadian VC ecosystem. The significant contribution of these programs in laying the groundwork for a sustainable and competitive startup ecosystem globally is acknowledged and appreciated. Without such support, a number of companies and funds could face substantial hurdles in launching and realizing their full potential. The federal government's dedication to fostering innovation and entrepreneurship has played a major role in developing the Canadian startup ecosystem.The 2023 Venture Capital Landscape Report by BDC revealed data on Distribution to Paid-In capital (DPI) Across Vintages, indicating that the upper quartile of Canadian funds from pre-2011 to 2013 recorded a 1.2x DPI. This contrasts with the 2.0x DPI of U.S. incumbent funds during the same period, as reported by Cambridge Associates. This difference illustrates the distinct market dynamics that characterized the less mature Canadian venture capital sector during this time. However, since then, Canada's ecosystem has seen substantial growth, reflected in an increased number of venture funds and startups, and overall improved performance. Notably, most of the active venture funds in Canada, including Ripple Ventures, have been established in the past 5–7 years, underlining the recency of this expansion.While we acknowledge that not all venture capital funds wind down after the traditional 10-year period and extensions can occur, a strategy that funds can take to protect the performance over the life of the fund is to return at least the original capital within the first 6–7 years. This approach allows for sufficient time and opportunities to graduate the portfolio and reduce the entire reliance on unpredictable outliers of breakout companies alone to return the fund. This strategy increases the chances of moving from a 1x to 3x+ return within the remaining 3–5 years. As such, we want to cover two general approaches to achieving a 3x fund. The first relies solely on 1–2 outlier investments that generate significant returns in the final years while having minimal returns in the earlier stages. The second approach involves consistently returning capital throughout the fund's lifecycle, allowing the mediocre outcomes to return the original capital and for the winners to drive true profit. We believe that the latter approach is more sustainable and favorable. While the former approach can be challenging, requiring a consistent scale of exits and various factors to align perfectly, our belief is that consistent capital returns across the portfolio create a higher probability to outperform over the long run. At Ripple, we personally invest a significant portion of our net worth into our funds, making us very aligned with our limited partners to strive not only for homerun outcomes but also to return our own original investment. Our goal is to open up the discussion of fund performance, key drivers of winning strategies, and how we can put Canada as a winner on the global stage. By highlighting benchmarks and sharing insights from our journey, we aim to contribute to the broader conversation about driving enterprise value in Canada. We recognize the importance of collaboration and knowledge-sharing in building a strong ecosystem, and we are committed to playing our part in its development.Union Square Ventures — the gold standard for DPIBefore diving into the details, we want to establish the gold standard DPI benchmark that every fund should strive to achieve. Recent returns data from the University of Texas Endowment, as highlighted by Eric Newcomer's blog, has captured attention. Union Square Ventures has demonstrated exceptional performance, delivering 9x DPI cumulatively across all their funds. Their 2012 vintage fund, with a DPI of nearly 23x, stands as one of the best-performing funds of all time. These extraordinary returns showcase Union Square Ventures' track record of staying focused on key themes, investing only with high conviction, acquiring material ownership, and keeping fund sizes small to be able to consistently return capital to LPs.Source: University of TexasRipple's DPI performance relative to incumbents Ripple Ventures has established an early track record in our angel portfolio since 2012 (we call this Fund 0) currently at 6.5x DPI. Although Fund 0 was an angel portfolio with a smaller quantum of capital (which is easier to return), it is worth noting that our success is not solely reliant on one outlier investment to drive strong returns. Instead, we have strategically managed a portfolio including three of ten investments achieving at least 10x cash-on-cash returns (with the highest returning 30X). We have personally recycled a majority of this capital to jumpstart Fund I and attract external limited partner capital for our venture funds.We continue to build on our track record with Fund I (2019 Vintage) with a DPI of 0.5x. Again, Fund I was also a smaller fund compared to most at $10M which makes it much easier to return than a $200M fund like USV's. Considering the limited maturity of the 2019 vintage, it is important to acknowledge the current challenging market cycle and the pressure for funds to generate significant returns despite the bleak outlook for exits in the near future. As we approach the halfway mark of the fund's life, if the original capital has not yet been closer to being returned, there is still a long hard way to achieve a 3x+ DPI.When comparing to US incumbents, upper quartile returns were: 2.61x DPI (2011), 1.90x DPI (2012), and 1.48x DPI (2013) respectively according to the latest US Venture Captial return reports. The average DPI across the 2011–2013 vintage is 2.00x DPI, 67% higher than its Canadian counterparts. There is a stark difference between the median performance of top quartile funds in Canada vs the US. In the 2019 vintage, Ripple Ventures is categorized in the top 5% of funds based on DPI in the US so far.While Ripple Ventures Fund I is still in its early stages and hasn't achieved a 3x+ return yet, we approach this journey with humility, dedication, and empathy. We understand the uncertainties of the venture capital landscape and the possibility that we don't continue to exceed expectations. However, we are committed to diligently managing our portfolio, making informed decisions, and striving to deliver exceptional returns. With transparency and empathy at our core, we will continue to navigate the evolving market dynamics to create long-term value for our investors.Our view on what drives DPI, and differences in Canada vs the USOwnership and exit value play crucial roles as the primary drivers of DPI in venture capital funds. You need to have at least one or the other to drive returns, and in the best cases, you have both. For example, if you have a $50M fund, you need to own 20% of a $250M exit, or 1% of a $5B exit to return the fund ($50M). Let's take a look at another graph in the BDC report around median exit values to understand better why DPI may be different in Canada vs the US:Source: Canada's Venture Capital Landscape Report (2023) — BDCYou can see there's a very evident difference in the historic outcomes of companies in each country. According to PitchBook, the average exit value for US venture-backed startups was approximately $207M USD in 2019, $263M USD in 2020, and $391M USD in 2021. These are multiples higher than the Canadian counterparts. Although this is the case, we want to acknowledge the potential for creating global winners in Canada, such as Shopify and Lightspeed (public companies), as well as notable private outcomes like Wattpad's acquisition by Naver for 754 million CAD and Verafin's sale to Nasdaq for 2.75 billion USD in cash. It is crucial to highlight the potential for Canada to create companies of this scale, but recognize the lower frequency in which this occurs. By learning from and comparing ourselves to the best in the world, particularly the United States, we can identify the strategies and practices that contribute to their success. Why Ripple is investing in both Canada and the US Ripple Ventures recognizes the tremendous potential of the Canadian startup ecosystem and aims to drive enterprise value creation for early-stage companies by leveraging the expertise and resources from the US network. We firmly believe that adopting a strategic investment strategy that spans Canada and the United States is essential for the success of fund managers seeking to achieve 3x+ DPI. Our approach is driven by the objective of bringing valuable knowledge, networks, and resources from the US ecosystem into Canada, accelerating growth, and fostering better returns.In Canada, there is a shortage of founders and employees who have experienced the journey from idea to IPO, hindering the mass development of unicorn companies we've seen in the US. By investing across borders, Ripple Ventures facilitates the exchange of knowledge and experience, allowing Canadian founders to tap into a wealth of resources and navigate the challenging “valley of death” stage. This exposure to higher-scale ventures and outcomes creates a fertile ground for innovation, fueling the growth of early-stage companies.We firmly believe that bridging the gap between the Canadian and US ecosystems is pivotal in driving higher enterprise value exits. Currently, Canada only has 25 unicorns generated compared to the US in which there are 700+, and we aim to change that narrative. It must be stressed that investing in Canada today can still be an extremely profitable venture, but this hinges greatly on the degree of ownership an investor can secure. Given the historical performances, a high ownership stake is a significant factor that can help offset the inherent risks and volatility of the scale of venture capital outcomes in Canada. Ripple Ventures is committed to being at the forefront of driving the next generation of category-defining companies in Canada. By leveraging our connections, networks, and experiences from both sides of the border, we aim to catalyze the growth of the Canadian startup ecosystem and pave the way for greater success. If you don't believe us, just ask our founders if we have been successful at doing this.Why keeping fund size smaller mattersKeeping fund sizes smaller is a strategic choice that aligns with Ripple Ventures' investment approach and objectives. It allows us to focus on specific stages, check sizes, ownership targets, and industries that fit our investment thesis. By maintaining smaller funds, we prioritize efficient capital deployment and maximize our ability to generate significant returns for our investors. This approach is particularly advantageous when considering the quantum of exit size relative to the respective market and entry stage.We've seen USV consistently keep their fund sizes relatively the same in all market environments because their formula works. In our view, the game of venture fund managers should be to execute the strategy that you know works for generating strong returns for LPs and raising/recycling capital to keep it going over multiple funds. At Ripple, we've made a commitment to our LPs that we'd never scale the fund past a size that makes sense and is possible to outperform (3x+ DPI). If it ain't broke, don't fix it. Ripple's philosophy in portfolio construction to drive DPIRipple Ventures adopts a strategic approach by investing across both Canada and the US, employing a barbell strategy to optimize returns within each fund. Recognizing the historical disparity in exit values between the two markets, we tailor our investment strategy accordingly. In Canada, where exits have traditionally been lower, the focus is on playing the ownership game. By securing substantial ownership stakes in companies, Ripple Ventures ensures that even in more modest exits, the ownership-driven returns can generate significant DPI for the fund. Conversely, in the US market, where valuations are higher and obtaining ownership can be more challenging, Ripple Ventures is willing to trade off lower valuations. This balanced approach allows us to capture the potential for higher exit values and drive DPI. In our opinion, employing a barbell strategy is essential for fund managers in Canada to ensure that the interplay between ownership and exit scale is thoughtfully priced into their portfolio, maximizing returns and achieving their target of surpassing the gold standard of 3x DPI.At Ripple Ventures, we deeply admire and draw inspiration from funds like Version One Ventures and Golden Ventures, who have successfully executed the strategy of investing across North America &globally while being based in Canada. These funds serve as valuable partners within the Canadian ecosystem, bringing exposure to top-tier founders, operators, and investors from the US. Their ability to connect with and learn from the best in the industry helps them level up not only their own expertise but also their portfolio companies. We share a common goal with these funds — to drive growth, foster innovation, and create a thriving startup ecosystem in Canada by leveraging the insights and resources available across North America.ConclusionOur ultimate aspiration at Ripple Ventures is to become the Union Square Ventures of Canada, driving the best-returning fund out of the country. Merely returning the original investment would be considered a failure for us. That's why we are igniting this conversation and delving into the intricacies of our strategy. By focusing on early-stage investments, prioritizing ownership, investing across both Canada and the US, and actively driving DPI throughout the entire life of the fund, we are positioning ourselves for a higher probability of achieving our goal of becoming a globally recognized and outperforming fund. Transparency in venture capital returns is crucial for Canada to compete on a global scale. By openly discussing challenges and strategies, we aim to elevate the industry and drive meaningful conversations. Our goal is to share insights, empower other fund managers, and strengthen Canada's position in the global venture capital landscape. Get in touch: * Matt Cohen, Managing Partner at Ripple Ventures (matt@rippleventures)* Dominic Lau, Partner at Ripple Ventures (dom@rippleventures.com) This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

Women founders and their companies are vastly overlooked when it comes to venture funding. Only 2 percent of funding is given to women-led teams, and that number gets even smaller when it comes to women of color. Erin Harkless Moore is here today to talk about why this number hasn't gone up, and what we can do about it! This week's episode 67 of How Women Inspire Podcast is about women-first investing and knowing your power! In this episode of How Women Inspire Podcast, Erin Harkless Moore is sharing the importance of aligning your work with your personal values and actionable steps you can take right now to level up your leadership qualities. Erin Harkless Moore is the Senior Director of Investments at Pivotal Ventures created by Melinda French Gates to accelerate social progress in the United States. She leads the organization's fund and direct investment decisions, overseeing a diverse portfolio that drives breakthrough innovations and impact for people in this country. Erin has nearly 20 years of investment experience previously working as the Managing Director at Cambridge Associates.Some of the talking points Julie and Erin go over in this episode include:The importance of aligning your values and your work with your professional interests.Challenges and opportunities in the venture capital space.Recognizing the biases that hold women back from raising capital.Erin's biggest lessons that have defined her career.Thank you for listening! If you enjoyed this episode, take a screenshot of the episode to post in your stories and tag me!  And don't forget to follow, rate, and review the podcast and tell me your key takeaways!Learn more about How Women Inspire at https://www.howwomenlead.com/podcast CONNECT WITH ERIN HARKLESS MOORE:LinkedInTwitterPivotal VenturesCONNECT WITH JULIE CASTRO ABRAMS:LinkedIn - JulieHow Women LeadHow Women InvestHow Women GiveInstagram - HWLLinkedIn - HWLFacebook - HWLOnly 2.1% of venture capital went to women-founded companies in 2022. We are done waiting or fighting for a seat at the table—today, we are committing to build The New Table; women-funded, women-run. I invite you to invest in your power, don't wait—join The New Table today.

Humans have fantasized about flying cars for decades, but they've yet to leave the pages of our sci-fi books...or have they? Join us as we visit Joby Aviation out in Marina, California to witness their eVTOL (electric vertical take-off and landing) aircraft take flight. With plans to operate like ubers in the sky, eVTOLs are the closest thing we have to flying cars—and they could be a commercial reality by 2025. The companies creating them promise a faster and greener mode of transportation, but who's investing in them? Are they safe? And how will they change our transportation infrastructure? We'll discuss these questions and more with Eric Allison (Joby Aviation); Andrew Beebe (Obvious Ventures); and Doug Carlson and Alex Innes-Whitehouse (pilots affiliated with Cambridge Associates).

In this episode, we dive into the Platform and Operations role at venture funds with Sophie. We also touch on the operations role in times of uncertainties for startups such as the SVB crisis and how 186 Ventures is positioning itself to best support portfolio companies. Finally, Sophie talks about gender dynamics in VC broadly and in the Boston ecosystem and  shares some advice for aspiring female investors. 

Season three of Unseen Upside: Investments Beyond Their Returns by Cambridge Associates explores the innovations turning science fiction to fact and the people investing in them. Powered by the global network of Cambridge Associates, discover the investments being made that will redefine our future. Join us to uncover the Unseen Upside.

Erik Schatzker, editor-at-large with Bloomberg TV, discusses Bridgewater's major revamp post-Ray Dalio. Andrea Auerbach, head of private investments at Cambridge Associates, joins the program to discuss the risks of private credit and outlook for it in 2023. Sonali Basak sits down with Coinbase CEO Brian Armstrong to discuss the company and the crypto industry. Leland Miller, CEO of China Beige Book, joins the program to discuss the latest PMI data China's Rebound. George Patterson, CIO, PGIM quantitative solutions, joins the program to discuss the firm's latest data as it comes to predicting the global and US economic outlook. Angela Seidler, VP of Investor Relations at Aurubis, joins the program to discuss commodities outlook with China's rapid reopening, market in Germany amid CPI data today, and US commodities market. Hosted by Paul Sweeney and Matt Miller.See omnystudio.com/listener for privacy information.

Andrea Auerbach of Cambridge Associates stops by Middle Market Musings to offer a master class in the trends defining the private equity asset class.  Cambridge Associates is a leading advisor/portfolio manager to institutional investors.  Andrea oversees a team directing $12-15 billion per year to private investments, co-investments, and secondary opportunities.  She shares how different GPs manage to different valuation expectations, the emergence of direct and co-investing, and the advent of greater specialization, not just in industry verticals but in functional areas of expertise.  She holds her own with the guys in making vintage cultural references, including a callback to Mutual of Omaha's Animal Kingdom.  Forget all the other times Andy and Charlie touted a guest.  Andrea delivers the goods!

John-Austin Saviano is the founder of High Country Advisors, where he serves as a strategic advisor to both investment firms and the institutional pools of capital that back them. Before starting High Country in 2017, John-Austin served as an allocator for nearly two decades at the Moore Foundation, Cambridge Associates, and as the first CIO of UC-Berkeley's Endowment. Our conversation covers John-Austin's career path from direct investing to allocation and insights gleaned across his roles. We then turn to his work at High Country, including lessons he shares with emerging managers to help tell their story and navigate a difficult fund-raising environment and those he shares with allocators about governance and investment committees.   Access Stream by AlphaSense Free Trial Learn More  Follow Ted on Twitter at @tseides or LinkedIn  Subscribe to the mailing list  Access Transcript with Premium Membership 

We talk to another amazing LP this week, Aakar Vachhani, Partner at Fairview Capital. Fairview has over $3.5B in AUM that focuses on fund investing, co-investments, and direct investment. They have built a reputation for finding and backing emerging managers with diverse backgrounds.About Aakar Vachhani:Aakar Vachhani is a Partner and a member of Fairview Capital's investment committee. He is involved in research, due diligence, investment monitoring, and business development for Fairview's venture capital and private equity partnership and direct co-investment portfolios.Prior to joining Fairview, Aakar was with Cambridge Associates, a leading investment advisor to foundations, endowments and corporate and government entities. He was responsible for analyzing private equity and venture capital investments in support of the firm's clients and consultants. In addition, he led research and data analytics projects on the firm's private equity and venture capital database. Aakar also spent time with MK Capital, a multi-stage venture capital firm with a sector focus on software and cloud services.He holds a B.S. in Economics-Finance from Bentley University and an MBA in Finance and Entrepreneurship & Innovation from the Kellogg School of Management.A word from our sponsor:At Ripple, we manage all of our fund expenses and employee credit cards using Jeeves. The team at Jeeves helped get me and my team setup with physical and virtual credit cards in days. I was able to allow my teammates to expense items in multiple currencies allowing them to pay for anything, anywhere at anytime. We weren't asked for any personal guarantees or to pay any setup or monthly SaaS fees.Not only does Jeeves save us time, but they also give us cash back on our purchases including expenses like Google, Facebook, or AWS every month. New users can earn up to 3% cashback for their first 90 days.The best part is Jeeves puts up the cash, and you settle up once every 30 days in any currency you want, unlike some other corporate card companies that make you pre-pay every month. Jeeves also recently launched its Jeeves Growth and Working Capital initiative for startups and fast-growing companies to enable more financial freedom for companies. The best thing of all is that Jeeves is live in  24 countries including Canada, the US and many other countries around the world.Jeeves truly offers the best all-in-one expense management corporate card program for all startups especially the ones at Ripple and we at Tank Talks could not be more excited to officially partner with them. Listeners of Tank Talks can get set up with a demo of Jeeves today and take advantage of our Tank Talks special with a‍ $250 statement credit after the first $2,500 in spend or a $500 statement credit after the first $5000 in spend. Lastly, all Jeeves cardholders receive access to their Lounge Pass program and access to over 1300 airports globally.Visit tryjeeves.com/tanktalks to learn more.In this episode we discuss(02:35) Aakar's journey to becoming an investor(05:36) Learning about data and analysis of investing at Cambridge Associates(07:37) Investments in underrepresented, emerging managers he's most proud of at Fairview(11:05) Why Fairview began looking for underrepresented managers when it started 30 years ago(11:56) How Fairview's investing thesis has evolved over the years(18:19) Common mistakes and red flags that emerging managers make(20:17) What Aakar does to add-value to GPs(22:30) Advice he's giving to his GPs right now on how to adjust to the market(24:15) How the FTX reflects on the entire venture industry(27:30) What Aakar is doing ot navigate the current seed and early-stage market(29:57) Using secondary funds to make way in the current market(31:57) Adjusting their return expectations in the market(32:40) Investment sectors Fairview is excited about(34:04) How new investors and family offices should think about the current market(35:35) Best career advice he's receivedFast Favorites:*

Vanessa Loder has been on a journey of self awareness, from playing on the soccer field as a teen and college student, to graduating at the top of her class at an Ivy League, to finding herself, in full business attire, sneaking out of her downtown San Francisco office to attend a hypnosis and past life seminar.  Along the way, she fine-tuned her ability to pay attention to what she calls the “sacred breadcrumbs,” giving her insight into her true heart's desire.  Please listen in as Vanessa shares her perfectly imperfect journey, and gives some great advice for all of us to tune into our own inner wisdom.   “Women are so happy for a seat at the table, we haven't really questioned how the table is set”  Vanessa Loder   To order Vanessa's book and get some of her supplementary materials:  https://vanessaloder.com/soul-solution/   Some of the books Vanessa mentions: Many Lives, Many Masters by Brian Weiss The Instruction by Ainslie MacLeod Soulcraft by Bill Plotkin   Bio Vanessa Loder is an acclaimed keynote speaker and sought-after expert on women's leadership, mindfulness, stress management, rewiring your brain for happiness, owning your inner game, and sustainable success. Vanessa's work has been featured in Forbes, Fast Company, the Huffington Post and Glamour magazine. Her guided meditations have been streamed over 1 million times globally. Vanessa's Tedx talk “How To Lean In Without Burning Out” has over 155,000 views. Loder is the author of the forthcoming book, The Soul Solution: A Guide for Brilliant, Overwhelmed Women to Quiet the Noise, Find Their Superpower and (Finally) Feel Satisfied, released by SoundsTrue in October 2022.    In her previous life, Loder was a successful private equity investor who advised fast growing companies. She is a self-described over-achiever whose unfulfilling experience left her burned out, exhausted, and eager to find another way.    After spending close to a decade working in finance on Wall Street and in Silicon Valley, Vanessa felt that she had climbed to the top of the wrong ladder! Her personal transformation, subsequent research and work have led to thousands of women finding their way back to soul.    Vanessa has worked with high performing teams and leaders at AirBnb, Bain & Co, Cambridge Associates, Castlight Health, Charles Schwab, Cisco, Dreamforce, Flextronics, Goldman Sachs, Google, LinkedIn, Mattel, Orrick, Herrington & Sutcliffe, PA Conference for Women, PG&E, PwC, Sheppard Mullin, Salesforce, StubHub!, Tedx, The Dailey Method, The Hamlin School, The North Face, The Stanford Graduate School of Business, Stanford MSx Women, ThoughtSpot, Uber, Upwork, Watermark, Women in Private Equity and many other organizations.   Vanessa received her MBA from Stanford University and her BA in Economics from Columbia University where she graduated Phi Beta Kappa, Summa Cum Laude. Loder is certified as an Executive Coach by the Hendricks Institute and trained in Neuro-Linguistic Programming (NLP) by Carl Buchheit at NLP Marin. Vanessa currently lives in Lafayette, CA with her husband and two children, who remind her to take “mommy time-outs” when she's about to lose her marbles.

Andrea Auerbach, Head of Private Investments at Cambridge Associates, joins the show to talk about private equity and weathering the storms of inflation and market volatility. Elisabeth Behrmann, head of autos and industry coverage for Bloomberg News in Europe, joins the show to talk about the Porsche PO and Ferrari's new “SUV” that's not an SUV. Tony Hatch, consultant with ABH consulting, discusses the railroad strike and the state of labor in transportation/rails in the US. Lee Klaskow, Senior Analyst – Freight, Transport, and Logistics with Bloomberg Intelligence, joins the show to discuss FedEx, General Electric, and supply chain constraints and costs. Ed Loh, Head of Editorial with MotorTrend, discusses the new MotorTrend Software-Defined Vehicle Innovators Awards program, car tech trends, and EV trends. Hosted by Paul Sweeney and Matt Miller.See omnystudio.com/listener for privacy information.

We had the opportunity to interview Doug Carlson, who has advised some of the most sophisticated capital allocators in the world in his 25-year career at Cambridge Associates. Doug shares with us the importance of being obsessed with what you work on, staying the course in both bull AND bear markets, and how success can be destabilizing.

We kick off Crypto for Institutions 2 with Marcos Veremis. Marcos is a Partner at Accolade Partners, a $4.4 billion venture fund of funds whose founder Joelle Kayden appeared on the show earlier this year. Marcos manages $1 billion in blockchain fund of fund assets across liquid and venture strategies. He is one of the most well-regarded allocators in the space, having created and led the practice at Cambridge Associates before leaving to become a principal, first at Evanston Capital Management and then at Accolade. Our conversation covers Marcos' discovery of crypto while at Cambridge, building a formal research practice, and following institutional interest in the space. We then turn to his transition from consultant to the buy side (of the buy side) and his approach to manager selection, due diligence, portfolio construction, and oversight. We close with Marcos' perspective on the recent drawdown, valuation, and long-term outlook. Learn More  Follow Ted on Twitter at @tseides or LinkedIn  Subscribe to the mailing list  Access Transcript with Premium Membership 

Season two of the Unseen Upside podcast by Cambridge Associates explores elements of our natural world—and beyond—with the innovators and investors aiming to enhance and protect our future. Powered by the global network of Cambridge Associates, host Luke Charest will explore the investments being made that will improve our lives in unexpected ways. Join us to uncover the Unseen Upside.

On this special episode of Origins, Marcos Veremis, partner at Accolade Partners, hosts Chris Ebeling, the Creative Director, Futurist & Co-Founder @ Virtually Human, which created Zed Run, a provably fair digital horse racing game built on blockchain technology.Marcos Veremis is a partner at Accolade Partners, a top-tier fund of funds, and one of the first firms in the market to launch a dedicated crypto fund of funds practice. Marcos was previously an MD at Cambridge Associates for more than a decade, where he focused on alternative investments, including crypto.Chris Ebeling has spent his career crafting unique visual experiences for Film, TV, Games and emerging technologies. Chris is a world-class Animator, Creative Director, Writer and Digital Artist having worked on Hollywood blockbusters such as The Lego Movie's, The Great Gatsby, and Gods of Egypt. He has since moved on to co-found his own digital creative studio, Virtually Human, creators of Zed Run, a provably fair digital horse racing game built on blockchain technology, and a massive hit in the rapidly growing "play-to-earn" blockchain gaming category.

In this episode of Hymans Robertson On...we bring you the second episode of our two-part series exploring stewardship from a Fiduciary Manager's perspective. Samora Stephenson, Senior Investment Consultant here at Hymans Robertson, is joined by two Fiduciary Managers, Sophie Dapin, Solutions Manager at Schroders and Annachiara Marcandalli, Partner at Cambridge Associates to discuss this topic.We look at how these Fiduciary Managers determine engagement priorities; whether ‘bespoke' engagement is possible for clients with different priorities; and whether divestment is an appropriate action to create good outcomes.

In our second podcast of our Fiftyfaces Focus Next Chapter Series we hear from four more seasoned voices who are all pursuing a rich and diverse set of roles.  First we meet with Margaret Casely Hayford, CBE, Chancellor of Coventry University, Special Trustee at Great Ormond Street Hospital Children's Charity and Chair at Shakespeare's Globe, among other board roles.  She talks about the steep learning curve in gaining familiarity with the mission and purpose of each organization as well as the importance of learning to listen and for a Board to be a supportive Board.  We speak also about the current levels of Board Diversity and the pace of change. William Bourne is an independent adviser to a number of LGPS pension funds and also chairs pension boards as well as being the founder of his own firm Linchpin, which provides advice on investments and governance to institutional investors. He shares his views on the importance of bringing about better decision making as a board member, as well as the role of a Chair to ensure that all voices are heard and that meetings stay on course.  We then cross the Atlantic to meet with Sandra Urie, Chairman Emeritus of Cambridge Associates, and the holder of a range of investment committee and Board roles.  She shares her views on the ideal size of an investment committee, and the importance of instilling an institutional quality process. We speak about the importance of good governance, sticking with the appropriate time horizon and about how the role changes through good and bad market environments.  Finally we hear from Julian Tregoning.  Julian, like William, is another familiar face in the City of London, and he has throughout his career held many board roles in positions that sit “outside the envelope” of his City career.  This is the ideal place to cut one's teeth in his view.  So following your passion and interests, learning to think like a fiduciary, build a process and listening deeply, some tips from our seasoned board and committee members on this episode.  Thank you for listening to the Fiftyfaces focus Next Chapter podcast.  I hope you have enjoyed listening to these tips for the next chapter. Follow us on Linked In, Twitter, apple podcasts, spotify or wherever you get your podcasts.This podcast series was made possible by the kind support of Darwin Alternatives.Darwin Alternative Investment Management Limited offers innovative, alpha-driven investment solutions that are uncorrelated with traditional asset classes and feature business areas which have not previously been considered by investment funds. The firm aims to create new opportunities for investors to further diversify their portfolios and achieve stable absolute returns. 

In a broken financial system that frequently rewards short-term profit over sustainability, the idea of investments as leverage for positive change can seem like a pipedream. We know, however, that money does talk. Key corporate walk-backs like confederate flag prohibitions at sports events and the retiring of Washington Football Team's former, racist name were prompted by threats to returns from sponsors and other capital heavyweights. So why can't shareholders do the same? Many of our listeners probably receive, and then toss out, those mailed notices of impending fund votes, but are there more ways for us to make a difference in the places we park our money as investors? On this episode of Renegade Capital we turn to Geeta Aiyer, President of Boston Common Asset Management and pioneer shareholder activist, to answer the question: do investors have a voice? About Geeta.Geeta Aiyer is a pioneer in impact investing and shareholder activism. She combines training and experience in finance with passion for the environment and social justice. The President of Boston Common Asset Management, Geeta's leadership saw the organization build a strong investment record and substantially improve the policies and practices of portfolio companies through shareowner engagement. Geeta previously served as the President of Walden Asset Management, and has worked at both the United States Trust Company of Boston and Cambridge Associates, Inc. In addition, Geeta has founded two previous companies, Walden Capital Management, and East India Spice, as well as an NGO, Direct Action for Women Now (DAWN). She has an MBA from Harvard Business School, and BA (Hons) and MA degrees from Delhi University, India. On top of being a professional powerhouse, Geeta is an activist. She attended the Keystone Pipeline Rally in 2013; regularly engages for peace, immigration reform, and chemical safety; and was instrumental in pressuring the Washington Football Team into changing its name. A renegade not only listens but acts. We've consolidated a few tips from this episode to help you invest in local communities.Consult your personal financial advisor: Ask your fund managers what you own, how those companies are engaged, and if they have an overall strategy regarding shareholder advocacy. Inquire about your employer's investments: Organizations usually have more resources than the average person that can be used to advocate for impact. Encourage your employer to work with their fund manager to participate in shareholder advocacy.Support the show (https://www.patreon.com/renegadecappod)

Sign up to our newsletter for more in-depth insights | Follow us on LinkedIn In an industry where size is often a boast, there are few powerhouses with great credentials and a low profile. Founded in the US in 1973, Cambridge Associates (CA) was established to provide investment research and advice to a group of major US university endowments. Fifty years later, with over $550 billion of assets under advisement and 11 offices around the world, CA helps its investors customise portfolios.  In this conversation, Annachiara Marcandalli, CA's European Head of Sustainability and Impact Investing, as well as Partner at the firm, addresses their approach to customising portfolios. She explains why it's their belief that successful investing is incremental, not transformational. She discusses their search to identify managers' economic incentives and alignment, before addressing the style drift, and why value and growth may cease to be relevant terms in the future. She speaks of the challenge presented by the rush into impact and sustainable investing - separating the “surfers” from the “serious” - and why ESG engagement matters. Finally she speaks of liquidity around private assets, how they address crypto investing and the dangers of excessive reliance on financial modelling (as opposed to building resilience into portfolio construction).

Consumers are demanding more from brands than ever before, but how are brands rising to the occasion? In this episode of Unseen Upside, Cambridge Associates' Global Head of Private Investments, Andrea Auerbach, looks at how technology, coupled with evolving consumer preferences, are impacting how both startups and incumbent brands market themselves. We also speak with Jenny Gyllander, Founder of Thingtesting and Robin Tsai and Wayne Wu, both General Partners at VMG Partners.

We have two special guests for our podcast today:  Anita Ng, MD for Private Investments @ Cambridge Associates and Tanya Kemp, MD and Head of Private Markets at San Francisco Employees' Retirement System.  Anita has more than 25 years of investment experience, 15 of those managing client portfolios at Cambridge Associates (a global advisory investment firm responsible for advising on over $500B in aum).  She is a trusted advisor to a broad group of institutional clients, including endowments and foundations, public pension plans, and private clients. In 2020, Anita was named in Chief Investment Officer's annual list of Knowledge Brokers, a list of the most influential investment consultants and advisers.  Prior to joining Cambridge Associates in 2006, Anita was a technology investment banker at CIBC World Markets, Credit Suisse First Boston and Banc of America Securities and earlier in her career, worked in Hong Kong at Merrill Lynch.    Our co-guest is Tanya Kemp, Head of Private Markets.SFERS is a public plan with over $34B assets.  Tanya rose up through the ranks from inv analyst in VC then PE and head of Pvt mkts overseeing a $14 billion portfolio comprising private investments across leveraged buyouts, venture capital, growth equity, real estate and natural resources strategies.  Prior to joining SFERS, Ms. Kemp was Risk and Performance Analyst with Missouri State Employees Retirement System. She holds an MA, MBA, CFA and CAIA designations. She has received numerous awards including Private Equity Buyouts “Trailblazers: Ten women pioneering new paths in private equity” in 2016; Trusted Insights Top Public Pension Investment Directors 2021, Rising Star 2021 Venture Capital Journal.   Anita and Tanya are two highly talented, engaging women in our industry passionate about investing and their roles. What a pleasure it was for me to speak with them together during this podcast.     Without further delay, here is my conversation with Anita and Tanya.  

In this episode of Unseen Upside, we look at how technology is transforming healthcare for both the provider and the patient—and making it more equitable. Sami Inkinen, CEO and Co-Founder of Virta Health will discuss how his company is treating and reversing diabetes through an app on your phone. We also speak with Jasmine Richards, Cambridge Associates' Head of Diverse Manager Research; Tuoyo Louis, Co-Founder of Seae Ventures; and Rochelle Witharana, CFO of The California Wellness Foundation.

Last year we brought listeners the entire volume of The Best Investment Writing Volume 4, in audio format, right here on the podcast. Listeners loved it, so we're running it back again this year with The Best Investment Writing Volume 5.    You'll hear from some of the most respected money managers and investment researchers from all over the planet.     Enough from me, let's let Sean take over this special episode.    To read the original piece, click here.   -----   Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com   -----   Today's episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world's largest institutions, funds, and money managers. Join today and get access to quarterly CAPE ratios, an excel quant backtester and the entire research library.

In this episode of Unseen Upside, we'll explore how non-fungible tokens (NFTs)—and the blockchain technology that supports them—are enabling a revolution in how artists and creators earn a living. You'll hear from Cambridge Associates' Joe Marenda and Kenneth Tom; Dawn Harflinger, President & CEO of Queen Lili`uokalani Trust in Hawaii; Maria Shen, Partner at Electric Capital; and Cooper Ray, a photographer based in New York City.

Now more than ever, we rely on high-speed internet to power our work and personal lives—but where does it come from? In this episode of Unseen Upside, we visit Cambridge Associates' Minesh Mashru in Amsterdam to discuss digital infrastructure and the investments being made in fiber optic cables. We'll also meet Simon Soder, a Partner at Antin Infrastructure Partners in Paris, Aaron Werley, Vice President of Architecture & Engineering at Zayo Group, and Andrew Kwok, the CEO of HGC Global Communications in Hong Kong.

Meredith Jenkins is the Chief Investment Officer of Trinity Wall Street, where she oversees $5.5 billion of the church's endowment and real estate assets.  Before taking the helm as Trinity's first CIO, she was the co-CIO of Carnegie Corporation of New York, Andrew Carnegie's foundation, from 2011 to 2016. She joined Carnegie in 1999 as its first investment associate and was an integral part of the build-out of the Corporation's investment capability under its first CIO.  During the period, Meredith spent four years in Asia as the Corporation's special representative focusing on opportunities in China, Japan, India, Southeast Asia, and Australia. Meredith started her career at Goldman Sachs in investment banking, Sanford Bernstein in research, and Cambridge Associates in consulting before attending Harvard Business School. She currently sits on the Investment Committee of the Wenner Gren Foundation and the Board of Directors of the University of Virginia Investment Management Company. Our conversation starts with Meredith's early career lessons and discusses alignment of interest, standing by managers in difficult times, markers of success, manager research in Asia, the co-CIO structure at Carnegie, and governance in her new challenge of starting an investment office from scratch. Fun loving and smart as a tack, Meredith offers pearls of wisdom through our conversation. For more episodes, go to capitalallocatorspodcast.com/podcast Follow Ted on twitter at @tseides

Abhi Maran is an Investment Analyst at Folklore- an Aussie venture capital fund focused on investments in the seed stage. Abhi studied applied finance at Macquarie University. After uni, he worked at Cambridge Associates, working with foundations and endowments to build their investment portfolios. He then jumped into startup land in an ops role at share rewards company Upstreet, before recently starting his role as a VC. I chatted with Abhi about what separates good companies from great companies, why he's excited about the metaverse and why you shouldn't get caught up in comparing yourself to others. Enjoy!Timestamps:[1:08]- Who Abhi wanted to be when he grew up[2:33]- Abhi's career journey[7:12]- What was Abhi's mindset moving into the startup world?[8:23]- Operating experience at Upstreet[9:53]- Abhi's role at Folklore [10:34]- Future career goals[11:26]- What makes Folklore unique?[12:57]-Team dynamic at Folklore[14:04]- Trends in tech that Abhi is interested in[16:05]- What is the metaverse?[18:30]- Motivations in starting a Substack[20:44]- What separates good companies from great companies?[23:19]- What Abhi is currently reading[23:58]- Abhi's food waste habit[24:38]-  Most impactful purchase under $100[25:10]- Abhi's billboard that millions of people would see[26:28]- Abhi's perspective on failure[29:42]- Advice for studentsReferences:Superfluid SubstackFolkloreCambridge AssociatesUpstreetSynthesisNot Boring SubstackThe Generalist SubstackStratecheryThe Contrarian

In this season one premiere of Unseen Upside, we take you to the Foster Brothers Dairy Farm in Middlebury, Vermont to explore impact investing through the lens of precision agriculture and sustainable farming—and specifically, how technology is changing food systems for the better. In this episode, we talk with farmers George and Jeremy Foster, Sam Kass, a Partner at Acre Venture Partners and the former Obama White House Chef, Liqian Ma, Head of Sustainable and Impact Investing at Cambridge Associates, and Noelle Laing, Managing Director of Impact Investing for a private family office.

Our guest for today's podcast is Sona Menon who is a Partner at Cambridge Associates.  Sona serves as an Outsourced Chief Investment Officer and adviser to institutional clients such as pensions, endowments, and healthcare institutions.  She is directly responsible for overseeing over $20 billion in assets.   Cambridge Associates is a global investment firm that focuses on building and managing investment portfolios for institutional clients such as endowments, foundations, pensions, and private clients. They have over $500 billion in assets under management/advisement.   As a woman and minority, Sona is a role model for us all, rising through the ranks at Cambridge Associates over her 20 year career at the storied firm.  What a pleasure it was for me and AAAIM Co-Chair, Brenda Chia, to interview Sona for this podcast.   Without further ado, here is our conversation with Sona Menon.

Cambridge Associates' inaugural podcast season explores the tech changing our daily lives and the people who invest in it. How we invest today drives tomorrow's innovations. Through conversations with investors and early adopters, explore how investment decisions have the potential to improve our daily lives in unexpected ways. Powered by the network of Cambridge Associates, host Luke Charest will explore the investments being made that will redefine our future. Join us to uncover the Unseen Upside.

Sandy Urie is Chairman Emeritus at Cambridge Associates, a role she has held since 2016, when she retired as Chairman and CEO, having held the CEO role since 2001, and capping an over 30 year career at the firm. Her current focuses include sustainability and impact investing and she has held multiple board and investment committee roles. Currently she sits on the boards of the Stanford Management Company, Social Finance US, Crane Institute for Sustainability (parent organization of The Intentional Endowment Network – IEN), and Plymouth Rock Insurance Company.Sandy was one of the first people to inspire me in the world of investment, and I sat, enthralled, during my Cambridge Associates induction as she described her rise through the ranks of the firm, all while juggling mothering a toddler and then young child. It was (and remains) so rare to find a role model who has actually made some of the same choices and trade-offs that you face yourself day to day.As an investment professional Sandy is without parallel. Passionate and visionary, she led the vision for global expansion of Cambridge Associates and now is at the forefront of its work on sustainability and impact investing. She loves what she does, loves the value it brings to the investment process of countless institutions from endowments to foundations to large family offices and has always been effective in nurturing a network. We also manage to find time to discuss teaching and Russian language and literature in particular - which, as we have often discussed on this podcast, can be a pathway to better communication and storytelling, and highly useful in other careers.This series was made possible by the kind support of MainStreet Partners, a London-based independent and dedicated sustainable investment advisor that provides ESG multi-asset and multi-manager portfolios and a range of holistic portfolio analytics tools including sustainability ratings and bespoke sustainability intelligence. It was also supported by Carbonado Partners, an industry expert in capital raising for all asset classes, that endeavors to provide thoughtful solutions that address emerging managers' perspectives and challenges.

Series 3 of the Fiftyfaces Podcast 2021 is all about bold thinking. We hear from Uche Orji of the Nigerian Sovereign Wealth Authority about his vision for investing in innovation in Africa, and from Faisal Rafi of Riscura, again an Africa based consulting firm, about the ground breaking changes underway in China, and what this means for an investment thesis. We speak with Susana Coutinho about ESG integration, sustainability and impact investing, and how the S and the G have risen in importance recently. Mark Steed, CIO of a large US public fund, is both a data junkie and an out of the box thinker - and his interests extend to e-sports, bereavement services and English football teams. Esther Peiner has carved a successful career in infrastructure investing, and consistently challenges preconceptions about work-life balance for all. Sam Kunz is another bold thinker who started out as a trader and now works as a CIO. He advises us to love ourselves and to be more accepting, and more tolerant of some of the mistakes that will be inevitable. Annabel Gillard is extending her experience of investing into the twin areas of AI and Philosophy and has a passion for ethics and elevating ethics to a higher status in investment management firms. The boldness of these ideas extends to the industry structure, and Bevon Joseph, the founder of the Greenwood Project, is on a mission to be a disruptor - to step in to provide social capital where it is absent, and to train and place black and Latin-x students in all parts of the financial services industry. We speak with two guests who have had long careers in investing - Julian Tregoning, who turned to investing decades ago when his hopes and dreams were literally shattered, and now swears by the KISS principle (Keep it Simple Stupid) and Sandy Urie, Chairman Emeritus at Cambridge Associates who has had an extraordinary career carved by determination, client service and a deep love of investing. This series was made possible by the kind support of Main Street Partners, a London-based independent and dedicated sustainable investment advisor that provides ESG multi-asset and multi-manager portfolios and a range of holistic portfolio analytics tools including sustainability ratings and bespoke sustainability intelligence. It was also supported by Carbonado Partners, an industry expert in capital raising for all asset classes, that endeavors to provide thoughtful solutions that address emerging managers' perspectives and challenges.

Dan Aylott is Head of European Private Investments at Cambridge Associates. This is a Fund Shack ‘private chat’ about the large opportunity set in the European private equity market, from buyouts through to venture capital, with a focus on growth strategies in all these markets. Alternatively, you can listen to the filmed version here. Transcript: […]

Dan Aylott is Head of European Private Investments at Cambridge Associates. This is a Fund Shack ‘private chat' about the large opportunity set in the European private equity market, from buyouts through to venture capital, with a focus on growth strategies in all these markets. Transcript: Ross Butler: You're listening to fund Shack. I'm Ross […]

Our guest for today's podcast is Evelyn Chen, Founder and Portfolio Manager of Grand Alliance Asset Management, an asset management firm focused on growth equity in Asia with a specific expertise in Taiwan and China.   What I love about interviewing different portfolio managers is the individual stories on what it takes to be the best at their craft.  Growing up, Evelyn's initial interest was to become a biologist given her love of insects and the patience required to be an expert in dissecting insects and understanding how they function.  Luckily for investors, she pivoted to become an equity analyst and, leveraging that same level of patience and precision required to be a biologist, refocused her skills to eventually become a top stock picker.  It is a cool story!   Joining me on this podcast as guest host is Meisan Lim, Head of Macro and Quantitative Strategies for Cambridge Associates, one of the top consulting firms in the hedge fund business.  When I asked Meisan for her thoughts on an awesome Asian female hedge fund manager, Evelyn's name immediately came to mind.  Thank you again Meisan for inviting Evelyn.   Without further ado, here is my conversation with Evelyn Chen and Meisan Lim.

Kevin Ely, Managing Director at Cambridge Associates gives his insights into his firm. Cambridge is an anchor of anchor meetings, everyone knows them as an Endowment Foundation Consultant. It has also transitioned their business into more of an advisory role in recent years. Kevin resides in Arlington so when you are marketing in the Baltimore / D.C. area keep him in mind. He gives his honest opinion on how to market around the country. Their doors are open for ideas and they are always in search mode, so you absolutely have to have your strategy in front of Cambridge.   Bio: Kevin is a Managing Director in Cambridge Associates' Arlington, Virginia office. He is co-head of the research team with responsibility for U.S. equity manager coverage, specializing in sourcing and evaluating public equity investment managers. He has two decades of experience in investments and capital markets, including more than fifteen years in manager research. Kevin's investment career began at Cambridge Associates in 1999. After attending graduate business school, he worked in corporate finance consulting for Duff & Phelps, and he was an equity analyst covering specialty retail stocks for Wachovia Capital Markets. He returned to manager research at Cambridge Associates in 2008. In addition to his manager research work, he is a thought leader within the firm for research efforts in equity portfolio structure and manager evaluation.

My guests for today's podcast are Andrew Chen and Marcos Veremis.   Andrew is a Portfolio Manager at Lockheed Martin Investment Management Company where he focuses on the Absolute Return portfolio.  Andrew is an engineer by training and I was happy that he agreed to participate in this podcast given how much time he has spent learning and thinking about blockchain and the potential for the new technology.  Marcos is a partner at Evanston Capital, a leading fund of funds that he joined in 2020.  Previously, Marcos spent 14 years at Cambridge Associates where he led Cambridge Associates research on cryptoassets and blockchain including crypto manager due diligence in the venture and hedge funds spaces.

In this episode, I'm joined by Holden Lee: a strategic leader and investor focusing capital to drive meaningful change in the world. His career has been a methodically intentional attempt at developing the unique viewpoint that he has on the next major opportunity in capital markets: Impact and ESG. Having first seen the opportunity in 1992, he explains how he has orchestrated his career to develop the expertise that he has, having spent time at TPG, Cambridge Associates, and now through his current role as CFO & CIO of the Jewish Community Federation of San Francisco. He helps define terms like “Impact” and “ESG”, makes a compelling case for why it's so interesting, shares what market leaders are already doing to be ahead of the curve, provides help on how to develop an ESG plan, and we marvel at the role technology is likely to play in the transformation into a modern, multi-dimensional investment management continuum that — in his own words — is mind-blowing. Listen to me agreeing with him as — with actual mind blown — I realize we're talking about something completely different and much bigger than I could've comprehended, even having heard him say it before.

Breaking the Mold on Investing: A Conversation with Lily Trager of Morgan Stanley Lily S. Trager is an Executive Director and the Director of Investing with Impact and Head of Impact Solutions for Morgan Stanley Wealth Management Since 2006, Lily has dedicated her career to sustainable and impact investing. Lily joined Morgan Stanley in 2014. In her current role, Lily works to provide individual, family and institutional clients with investment products, solutions, research and tools to capture the opportunities and mitigate risks posed by key sustainability and impact themes. Previously, Lily worked for Veris Wealth Partners in New York, a Registered Investment Advisory focused exclusively on serving clients with interest in sustainable and impact investing, most recently as Head of Research & Due Diligence. Lily began her career at Cambridge Associates in Boston, where she worked on teams overseeing $3.9 billion in nonprofit, high-net-worth and foundation investment portfolios. Lily was named to the 2018 class of MAKERS @ Morgan Stanley Wealth Management, a recognition that celebrates women who are ground breakers, advocates, and innovators in their given field. Lily earned a M.B.A in Sustainable Business from Presidio Graduate School (formerly Bainbridge Graduate Institute) and her B.A. in Anthropology from Bates College. She also co-founded Women Investing for a Sustainable Economy (WISE), a professional networking group in New York City with chapters in Boston, Washington DC, San Francisco, Toronto, London, Los Angeles and Philadelphia Bard MBA's Emma Jenkins and Lucien Harlow-Dion speak with Lily for this episode of the Impact Report. ImpactReportPodcast.com

This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better. I couldn't be more excited to partner with TIKR. ***Disclaimer: Nothing you hear on this podcast is in any way, shape or form to be construed as investment advice. The guest on this podcast may hold positions in any/all names mentioned during the podcast. This is not investment advice and investors should always conduct personal due diligence before investing in any security. Past performance of any funds mentioned are not indicative of future returns.*** My guest this week is Alex Jones. No, not that Alex Jones. Alex is an independent investment consultant working with hedge fund/institutional clients. He started his investing career at Cambridge Associates. After a stint there, he moved into a money manager role for an Endowment. It was here Alex got his first taste in asset management and investment/investor allocation. From there, he worked as an analyst for author and investor Chris Mayer. Our conversation dives deep into industrial and cyclical stocks. We cap the discussion with Alex's latest investment idea: Orion Engineered Carbon (OEC). Alex shares what he learned from his 43-page deep dive on the company, and why it might be a great idea over the next 5-7 years. Here's the time-stamp: [1:10] Who is Alex Jones & How He Got Started Investing [4:05] What It's Like Being Chris Mayer's Analyst [7:53] Making The Plunge To Independent Research [14:41] Alex's Favorite Accounting Books [20:21] How Alex Finds Stocks [27:05] Why Casual Dining Restaurants Are Terrible Investments [32:54] Why Alex Likes Cyclical, Hairy Businesses [34:26] Deep Dive: Orion Engineered Carbon (OEC) [46:42] Navigating Commodity Risks [54:06] Thinking About Replacement Value [59:01] Specialty Carbon Black Value Proposition [71:15] What Are The Insider Incentives? [76:09] Valuation Process [83:33] Risks w/ OEC [91:04] Where To Find Alex & Closing Questions If you want to learn more about Alex, check out the links below: Alex Jones Twitter Porter Street Research Website

Liqian Ma is the Head of Impact Investing Research at Cambridge Associates. Liqian developed an early interest in the climate growing up in a coal-dependent city in China. He began focusing on sustainable investing over a decade ago and leads Cambridge Associates work with its 150 clients focused on the space. Our conversation provides an allocator’s overview of sustainable investing. We start with Liqian’s path and turn to how interested investors go about creating and implementing sustainable investment strategies. Along the way, we touch on manager selection, portfolio integration, investment opportunities and risks, and the implementation of sustainable investing concepts across the rest of Cambridge Associates activities. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

Marcos Veremis, Managing Director at Evanston Capital Management joins the show. In this episode we discuss: Marcos’ time at Cambridge Associates and how he came to lead cryptoasset research at the firm His perspectives on the various investment theses that are gaining traction with institutional allocators Fund structure, strategy and other crypto-fund considerations To learn more about Evanston Capital Management visit their website

On this episode of Mind on My Money, presented by Pinnacle Trust, Marcos Veremis, former Managing Director for global investment consulting firm, Cambridge Associates, joins Neal McCready and Martin Palomo to talk the current economic situation, recovery, and the future of how we interact and do business.

Steve Nelson is CEO of the Institutional Limited Partners Association or ILPA, a non-profit that engages, empowers and connects limited partners (LPs) to maximize their performance. It has over 500 member institutions that represent $2 trillion in private assets under management or approximately 50% of the global institutional market.  ILPA is the only global organization dedicated exclusively to advancing the interests of LPs and their beneficiaries through best-in-class education, research, advocacy, and events. Our conversation covers Steve’s twenty years at Cambridge Associates leading to his time at ILPA, the mission of ILPA and the ways it achieves that mission.  We then turn to the most important needs of private asset allocators before this crisis, their focus during this challenging period of time, and the current status of capital calls, position marks, subscription lines, communication between managers and clients, impacting investing, and the outlook for ILPA’s efforts going forward. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

The strategy brings investors reduced fees and managers can write large cheques. Industry practitioners from The Carlyle Group, Cambridge Associates and Kennedy Lewis Investment Management say these are only a few of the upshots.

About 10 years have passed since JP Morgan and the Rockefeller Foundation coined the term, Impact Investing. Since then, impact investments have taken a long and important journey. Today, they represent an effective tool to improve the socio-economic conditions of the communities, playing an important role in the collaboration between the public and private sectors. From this point of view, Impact Investing can be considered a new frontier of sustainable finance and a real factor of change for the future of the world economy. A new model of economy driven by a more harmonious logic of redistribution of wealth within the economic and social systems. To better understand what we talk about when we talk about Impact Investing, it is good to refer to the definition Cambridge Associates and GIIN (Global Impact Investing Network) give of it: "They are investments made in companies, organizations and funds with the aim of generating a social or environmental impact that is measurable and favorable alongside, or in place of, a financial return." The change of perspective is clear. No more searching for profit for its own sake or for generating other profitable activities. Rather, having a positive impact on the living conditions of a community.

David Druley is the CEO of Cambridge Associates, a global investment firm that works with premier institutional investors and family offices to manage custom investment portfolios that aim to generate outperformance so they can maximize their impact on the world. David works with Cambridge’s leaders to set and execute the firm’s strategy, enhance its capabilities, and evolve its processes. David brings a quarter-century of investment experience to the role, including a 16-year tenure at Cambridge. Our conversation covers David’s path from value investing to Cambridge Associates, including a key early career lesson in calibrating risk tolerance. We discuss the history of Cambridge Associates, key characteristics of generating great investment returns, the manager selection process, and David’s take on co-investments, long-only managers, hedge funds, fixed income, innovation, and future opportunities and challenges for the business. The discussion offers a nice compliment to my earlier conversation with Margaret Chen, who oversees Cambridge Associates’ OCIO business.  You can find that conversation replayed right after this one on the feed. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

Margaret Chen is the Head of CA Capital Management, Cambridge Associates’ $20 billion Outsourced Chief Investment Officer (OCIO) business. She has spent twenty years at Cambridge Associates, which was her first and only stop in the investment business after getting started in the working world as a management consultant at Coopers & Lybrand Consulting.   Our conversation covers Margaret’s career path, her evolution from a consultant to a principal, the value proposition of an OCIO, measuring performance, and the tension between being the same and being different for clients. Margaret has the ear of almost everyone in our field, and brings incredible perspective to addressing the key issues allocators face.   Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

Andrea Auerbach, Global Head of Private Investments for Cambridge Associates, discusses the current state of the private equity market, including the surge in distributions back to LPs, and the performance of the largest private equity funds, which is beginning to mirror the average performance of the stock market. Interviewed by David Snow, CEO of Privcap... The post Is Mega-Private Equity Becoming a Public Proxy? appeared first on Privcap.

In one of the most important episodes on Base Layer to date we speak with Marcos Veremis, Managing Director at Cambridge Associates. CA, as of 2018, had $389 billion in assets under advisement of some of the largest endowments, family offices and pensions. They are considered in many ways the gold standard for investment consulting, outsourced portfolio solutions, research services and tools and performance monitoring across various asset classes. In Q1 of 2019 Marcos and his team published Cryptoassets: Venture into the Unknown; a paper detailing "although the crypto industry remains in its infancy, we think institutional investors should begin exploring it" - an amazing statement from the likes of CA. We discuss the paper, the work that went into it, why they wrote it and what the future may look like in the space. 

Brooke Sutherland,Bloomberg Opinion Deals and Industrials Columnist, describes General Electric's new boss Larry Culp pledging a rebound in cash flow next year after a “reset” in 2019. Andrea Auerbach, Global Head of Private Investments at Cambridge Associates, discusses investors looking for more return and driving capital into the private market. Kathleen Hays, Bloomberg News Global Economics and Policy Editor, and Tom Orlik,Chief Economist for Bloomberg Economics, break down why there are reasons to expect the current slowdown in the world economy will prove short-lived. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Sarah Frier talk about the Businessweek cover story about Facebook's never-ending content crisis. And we Drive to the Close of markets with Hank Smith, Co-Chief Investment Officer at Haverford Trust.  Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Brooke Sutherland,Bloomberg Opinion Deals and Industrials Columnist, describes General Electric’s new boss Larry Culp pledging a rebound in cash flow next year after a “reset” in 2019. Andrea Auerbach, Global Head of Private Investments at Cambridge Associates, discusses investors looking for more return and driving capital into the private market. Kathleen Hays, Bloomberg News Global Economics and Policy Editor, and Tom Orlik,Chief Economist for Bloomberg Economics, break down why there are reasons to expect the current slowdown in the world economy will prove short-lived. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Sarah Frier talk about the Businessweek cover story about Facebook's never-ending content crisis. And we Drive to the Close of markets with Hank Smith, Co-Chief Investment Officer at Haverford Trust.  Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan 

The crypto markets have bounced over $10 billion in the past 24 hours, led by ETH and BTC. Adding fuel to the fire, Cambridge Associates, a financial consultancy that advises pension and endowement funds with over $300 billion in assets is advising it's clients to "consider dipping their toes into cryptocurrencies". Let's talk about it all today. #crypto #bitcoin #ethereum Shout out to today's sponsor, Audible. Go to Audible.com/cryptobobby or text CRYTPOBOBBY to 500500 for your 30-day free trial. "It’s Time to Consider Crypto, Says Pension and Endowment Adviser" - Bloomberg https://www.bloomberg.com/news/articles/2019-02-18/it-s-time-to-consider-crypto-says-pension-and-endowment-adviser?srnd=cryptocurrencies OnChainFX (starting to like it a LOT more than CoinMarketCap) https://messari.io/onchainfx ** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**

Business Radio Special: Dollars and Change broadcasts live from SOCAP 2018 in San Francisco, a conference uniting 3,000 impact investors, world-class entrepreneurs, and innovative cross-sector practitioners who are dedicated to increasing the flow of capital toward social good. Hosts Katherine Klein and Nick Ashburn are joined by: Hadiyah Mujhid, Founder and CEO of HBCUvc; Yana Kakar, Global Managing Partner at Dalberg Advisors; Tom Mitchell, Managing Director at Cambridge Associates; and John Levy, Director of Impact at Franklin Templeton. See acast.com/privacy for privacy and opt-out information.

Dollars and Change broadcasts live from SOCAP 2018 in San Francisco, a conference uniting 3,000 impact investors, world-class entrepreneurs, and innovative cross-sector practitioners who are dedicated to increasing the flow of capital toward social good. Hosts Katherine Klein and Nick Ashburn are joined by: Hadiyah Mujhid, Founder and CEO of HBCUvc; Yana Kakar, Global Managing Partner at Dalberg Advisors; Tom Mitchell, Managing Director at Cambridge Associates; and John Levy, Director of Impact at Franklin Templeton. See acast.com/privacy for privacy and opt-out information.

Margaret Chen is the Head of CA Capital Management, Cambridge Associates’ $20 billion Outsourced Chief Investment Officer (OCIO) business. She has spent twenty years at Cambridge Associates, which was her first and only stop in the investment business after getting started in the working world as a management consultant at Coopers & Lybrand Consulting.   Our conversation covers Margaret’s career path, her evolution from a consultant to a principal, the value proposition of an OCIO, measuring performance, and the tension between being the same and being different for clients. Margaret has the ear of almost everyone in our field, and brings incredible perspective to addressing the key issues allocators face. For more episodes, go to capitalallocatorspodcast.com/podcast Follow Ted on twitter at @tseides

IR experts from Cambridge Associates and Sutton Hill on how to plan an effective annual general meeting. The post On-Demand Webinar: How Boring is Your AGM? appeared first on Privcap.

Meredith Jenkins is the Chief Investment Officer of Trinity Wall Street, where she oversees $5.5 billion of the church’s endowment and real estate assets.  Before taking the helm as Trinity’s first CIO, she was the co-CIO of Carnegie Corporation of New York, Andrew Carnegie’s foundation, from 2011 to 2016. She joined Carnegie in 1999 as its first investment associate and was an integral part of the build-out of the Corporation’s investment capability under its first CIO.  During the period, Meredith spent four years in Asia as the Corporation’s special representative focusing on opportunities in China, Japan, India, Southeast Asia, and Australia. Meredith started her career at Goldman Sachs in investment banking, Sanford Bernstein in research, and Cambridge Associates in consulting before attending Harvard Business School. She currently sits on the Investment Committee of the Wenner Gren Foundation and the Board of Directors of the University of Virginia Investment Management Company. Our conversation starts with Meredith’s early career lessons and discusses alignment of interest, standing by managers in difficult times, markers of success, manager research in Asia, the co-CIO structure at Carnegie, and governance in her new challenge of starting an investment office from scratch. Fun loving and smart as a tack, Meredith offers pearls of wisdom through our conversation. For more episodes, go to capitalallocatorspodcast.com/podcast Follow Ted on twitter at @tseides

Mike Larsen is a managing director at the global investment firm Cambridge Associates, based in Boston. Mike works with endowments, foundations and other large institutional investors on their private investment programs, particularly focused on venture capital exposure. He spends his time meeting with managers, sourcing new ideas, and implementing VC programs for his clients’ portfolios. Cambridge Associates has come up several times on Origins in the past, so in this conversation with Mike, we dig into exactly what it is that CA does—and how they advise their clients to invest in VC and PE. We discuss the difference between CA’s discretionary and non-discretionary activities, how they approach building venture portfolios from scratch, how Mike evaluates VC managers, as well as how he thinks about the future of the asset class.

Trump visits Las Vegas after mass shooting. National Taco Day. Urban Word of the Day. Trump says Puerto Rico debt will have to go away after hurricane. George Foreman challenges Steven Seagal to a no-holds barred fight. Brother of Las Vegas shooter gives rambling interview. What's Next: Marylou Danley. Hunter Lewis economist and co-founder of Cambridge Associates, talks about economics and economic laws. Say What?? Politicians and ROI.

T00: Tom Mitchell, Cambridge Associates by The Heron Foundation

“I think people lose sight of the fact that hedge funds have done a very good job over the last 15 years.” - Adam Duncan (Tweet) We are back with another great episode of Top Traders Round Table, a series of conversations with industry leaders on the subject of Managed Futures. On this episode my guests are Chris Solarz, Managing Director, Global Macro Hedge Fund Strategies at Cliffwater, Adam Duncan, Managing Director at Cambridge Associates as well as Freeman Wood, who is a Partner and Head of North America, at Mercer. Subscribe on: In This Episode, You'll Learn: If there are there enough assets to go around What made 2015 such a weak year for hedge funds Why 2016 was such a strong year for hedge funds The future of hedge fund investing What Chris thinks hedge fund managers have done poorly How Adam looks at fees as a coin toss Why Freeman thinks that fees must add value to both parties The guest’s biggest takeaways from 2016 How the rise of the voter is providing opportunities to hedge fund managers The coming possibility of an equity correction, and it’s effects The question everyone should be asking right now Why a client needs a goal and a timeline for their assets The views expressed in this program are solely those of the host and speakers in their individual capacity and they do not necessarily reflect the views of the program’s sponsors or the entities with which any of the participants are affiliated. The contents of this program are for informational and educational purposes only. They do not constitute and should not be considered legal, tax, investment advice or a solicitation of the sale or purchase of any futures, options or swaps contracts. This episode was sponsored by CME Group: Connect with our guests:   Learn more about Chris Solarz and Cliffwater Learn more about Adam Duncan and Cambridge Associates Learn more about Freeman Wood and Mercer “I think some of the high performance culture is contributing to a lack or unwillingness to take risk.” - Adam Duncan - (Tweet)

“I think the key to any business is having a repeatable process.” - Chris Solarz (Tweet) Welcome to another edition of Top Traders Round Table, a series of conversations with industry leaders on the subject of Managed Futures. On this episode my guests are Chris Solarz, Managing Director, Global Macro Hedge Fund Strategies at Cliffwater, Adam Duncan, Managing Director at Cambridge Associates as well as Freeman Wood, who is a Partner and Head of North America, at Mercer. Subscribe on: In This Episode, You'll Learn: How our guests got to where they are today What challenges Adam sees institutional investors facing The extra information Chris gives his clients How the role of the consultant has changed Two issues that frustrate consultants, and how our guests solve them Freeman’s view of the role of the financial decision makers How to bridge the gap between the managers and the investors What your theoretical models can’t account for Why past hedge fund managers were able to pursue a more “pure” strategy The practical implications of having a larger fund The pros and cons of smaller and larger managers How Chris developed his key business strategies What red flags new startups can avoid The views expressed in this program are solely those of the host and speakers in their individual capacity and they do not necessarily reflect the views of the program’s sponsors or the entities with which any of the participants are affiliated. The contents of this program are for informational and educational purposes only. They do not constitute and should not be considered legal, tax, investment advice or a solicitation of the sale or purchase of any futures, options or swaps contracts. This episode was sponsored by CME Group: Connect with our guests:   Learn more about Chris Solarz and Cliffwater Learn more about Adam Duncan and Cambridge Associates Learn more about Freeman Wood and Mercer “I think understanding managers and what’s important to them is as important as understanding your clients as well.” - Freeman Wood - (Tweet)

Graham Pingree is a limited partner at Cendana Capital, where he works with Michael Kim and invests in micro-VC funds. We discuss Graham's background working both at startups as well as firms such as Horsley Bridge and Cambridge Associates, and backing and working with funds such as Forerunner, Founder Collective, and IA Ventures.

Tom Mitchell, Managing Director at Cambridge Associates by The Heron Foundation