Firm Overview

Cambridge Associates was founded in the early 1970s to assist nonprofit institutions with the investment of their endowment assets. Today, we provide investment management, financial planning, and proprietary investment research to over 1000 clients including nonprofit institutions, private clients (families), pension plans, and other large institutional investors. The firm advises on all asset categories, including equities, credit, hedge funds, real assets, and private equity investments. Our goal is to meet clients wherever they are in the investment process and create custom portfolios to meet each client’s investment objectives. We offer a variety of services to complement those needs, from acting as an outsourced investment office to providing access to our world-class digital research platform. Committed to independence since our founding 50 years ago, we are motivated only by what is best for our clients.

Cambridge Associates has a staff of more than 1,300 professionals, including 200 Investment Directors and 150 Investment Associates, based in 11 offices located in Beijing, Boston, Dallas, London, San Francisco, New York City, Singapore, Sydney, and Washington DC. We select our employees with great attention to their potential to become valuable members of a collegial, intelligent, and hard-working team.

Position Overview:

The Private Client ManagingInvestment Director would be an integral leadership position within Cambridge Associates’ rapidly growing Private Client Practice with a focus on expanding private client business in the Chicago area and select other cities in the US Midwest region. This is a managing director position and comes with an attractive financial package including performance based short and long term incentives.

Investment Directors in the Private Client Practice are part of a team who services more than 200 private families advising on both taxable and charitable assets. Our clients range in asset size from ~$100 million to more than $10 billion and are located in over 35 countries worldwide. Investment Directors work with colleagues to help clients meet or exceed their investment objectives and enhance the long-term investment performance of their portfolios. The Managing Director would be responsible for leading client relationships (both discretionary and non-discretionary) interacting directly with key decision makers (family members, Board or IC members, Family Office or Investment Office staff and outside advisors), driving investment strategy, asset allocation structures, investment manager structures and guidelines, investment manager selection and evaluation, and performance monitoring. The Managing Director is also responsible for the management and development of the supporting investment team.

In addition to their work with existing clients, Investment Directors partner with Global Business Development and the Private Client Practice leadership teams to pursue new family office relationships. Investment Director responsibilities regarding new business development include building referral networks through strong work with existing clients and related outside advisors, partnering with business development professionals to qualify prospective clients, building presentation materials and leading presentations alongside team members.

Job Responsibilities:

• Build Cambridge Associates network with key influencers across the family office investor marketplace in the US midwest
• Represent Cambridge Associates externally through marketing presentations, conferences and other business development opportunities
• Work with leadership and marketing groups to shape and grow Cambridge Associates brand in the US midwest
• Lead teams in creating and developing investment policies and diversified portfolios to meet customized client objectives
• Lead teams that select and evaluate investment managers for all asset classes, including long only equity, liability hedging, and alternative asset classes such as long short equity funds, absolute return hedge funds, real estate, timberland, venture capital, private credit and private equity
• Conduct analyses, prepare materials and direct clients on investment and financial issues
• Work with and present directly to clients; develop relationships with clients and outside advisors
• Select and evaluate investment managers for virtually all asset classes
• Develop and implement investment objectives, policies, and asset allocations for complex trust structures

Qualifications:

• BA/BS required. An MBA or CFA strongly preferred
• Extensive investment experience
• Appropriate investment knowledge and experience, gained from work at an investment firm or a large institutional investor or family office.
• Well-developed network in the family office community
• Excellent oral and written communication skills
• Ability to speak at family office conferences
• This position will be based in Chicago

Cambridge Associates is an equal opportunity employer.Diversity and inclusion are essential elements of our culture. We are committed to fostering an environment where individual perspectives, backgrounds, and life experiences make the firm a great place to work and result in a more satisfying client experience.