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Diverse Manager Investing

A catalyst for equitable growth and opportunity

Our dedicated Diverse Manager team focuses on uncovering more diverse managers and funds for investment evaluation and capital allocation.

  • 60% percent of clients with at least one diverse investment in their portfolio
  • 400+ meetings with diverse managers in 2022
  • 300+ diverse managers tracked in our database

Our Diverse Manager Commitment

We're doubling our diverse manager universe

Diverse managers make up approximately 10 percent of the overall market, but they receive only 1.4 percent of assets under management globally. Yet industry research demonstrates that diverse investment teams bring different perspectives to decision-making and reduce portfolio risk.


That’s why we have made a commitment to increase our assets under advisement with diverse managers to 15% by 2025, which is just one component of our ongoing commitment to diversity, equity, and inclusion (DEI).

Learn more about our commitment

Our Approach

We use our scale and influence to find best-in-class diverse managers

We focus on getting the right managers within our investment pipeline and applying an equitable underwriting process to those managers. Our dedicated Diverse Manager Research team is embedded in our global research platform. They source and evaluate diverse managers and funds across asset classes.

We also include diversity considerations in every step of our due diligence process. Our ratings committees across asset classes examine the diversity of the fund’s ownership and leadership team, as well as the organization’s overall approach to diversity, as integral components of the fund’s evaluation for investment.

Helping Diverse Managers Succeed

We share our experience to help newer managers develop best practices

We recognize that global change requires that managers have equitable opportunity with all investors, not just with our clients. Ensuring that capital is allocated in an equitable and inclusive manner means helping managers that are owned and/or led by women and/or people of color get the opportunities they also deserve outside of Cambridge Associates.

We use our experience conducting ~5,000 manager meetings per year to give newer managers perspectives on industry best practices and provide coaching to improve their offerings, whether we invest with them or not. We also aim to proactively increase diverse managers’ exposure to the broader investment community by including these managers in client investment committee meetings and at our own sponsored conferences.

Our Diverse Manager Research team

Our dedicated diverse manager research team integrates manager diversity across our research and portfolio construction processes

How can we help build the right portfolio for you?