Our co-founders, Jim Bailey and Hunter Lewis, are still actively involved in the firm and own a majority of the firm.
Jim is the co-founder of Cambridge Associates. He received his BA degree magna cum laude from Harvard University in 1969, after which he enrolled in the first class of Harvard Business and Harvard Law School
joint program. There in 1973 he received his MBA and JD degrees from Harvard Business School and Harvard Law School, respectively. Upon graduation, Jim, along with co-founder Hunter Lewis, formed Cambridge Associates to provide investment and financial planning to nonprofit, endowed institutions. Harvard became Cambridge Associates’ first client in July of 1973 when Harvard’s new Treasurer, George Putnam, Jr. hired the firm to conduct a comprehensive study of endowment practices, which led to the creation of the Harvard Management Company, Inc.
Jim is also co-founder, Treasurer, and Director of The Plymouth Rock Company, Direct Response Corporation, and Homeowner’s Direct Corporation, all U.S. personal lines insurance companies. In addition, he serves as a director of AIMCO, the largest U.S. multi-family apartment Real Estate Investment Trust, and he is an Overseer of the New England Aquarium.
Jim is a member of the Massachusetts Bar and the American Bar Associations.
Hunter is the co-founder of Cambridge Associates. He is a graduate of the Groton School and Harvard University. Hunter, along with co-founder Jim Bailey, formed Cambridge Associates to provide
investment and financial planning to nonprofit, endowed institutions.
Before Hunter co-founded Cambridge Associates in the early 1970s, he was a vice president of the Boston Company, one of the largest money management firms at the time.
In addition to his work at Cambridge Associates, Hunter currently serves as trustee and President Emeritus of the American School of Classical Studies at Athens, a graduate research institute affiliated with 150 American colleges and universities, and as founder and chairman of the Trearne Foundation, which provides educational assistance to foster children. He is a former director and treasurer of the World Wildlife Fund and former director of the Thomas Jefferson Foundation (Monticello). Hunter has contributed to a number of newspapers and periodicals, including the New York Times, the Washington Post, and the Atlantic Monthly. He has written six books: The Real World War, A Question of Values, The Beguiling Serpent, Are the Rich Necessary?, How Much Money Does an Economy Need? and Where Keynes Went Wrong.
Two longstanding clients invest in the firm due to their successful experiences as clients. These personal and charitable trusts represent our outside shareholders.
Lord Rothschild is Chairman of RIT Capital Partners, the investment trust company quoted on the London Stock Exchange and in which his family interests are the largest shareholders. He also serves as Chairman of
Five Arrows Ltd and J Rothschild & Co Ltd.
Lord Rothschild previously co-founded companies in the fields of money management, insurance, and investment, including Global Asset Management Limited, St James’s Place Capital plc, and J Rothschild Assurance plc. He serves on the Advisory Boards of three family offices, in addition to chairing his own family’s office.
In addition to his career in finance, he has been involved in public service including the arts & heritage fields and philanthropy. He was Chairman of the Board of Trustees of the National Gallery from 1985 through 1991. He also serves as Chairman of Yad Hanadiv, the Rothschild family foundation.
This large Midwestern family has longstanding ties with Cambridge Associates. Working with Cambridge Associates since the 1980s, the family has engaged Cambridge Associates for consulting service
on both their personal and charitable assets. The family maintains an active and engaged partnership with the firm, and decided to invest directly in the firm in 2000 due to their satisfaction with this long-term partnership.
More than 100 Managing Directors at Cambridge Associates hold options to participate in the ownership of the firm and share in its annual profits.