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Our History

Celebrating 50+ years of investment innovation

Investing Since 1973

We've been generating impact for clients for five decades

Fifty years ago, as a graduate student at Harvard College, Jim Bailey realized that what he was learning at the business school was not broadly being applied to how institutions ran their own finances.

So he and Hunter Lewis formally launched Cambridge Associates in June 1973, driven by a simple but revolutionary idea: build outperforming diversified investment portfolios to meet each client’s investment objectives and have a positive impact on the world.

While much has changed since that first idea, the driving mission of Cambridge Associates has remained. Watch the video to learn more.

Cambridge Associates’ First 50 Years

Our co-founder, Jim Bailey, and CEO, David Druley, discuss the early years of Cambridge Associates and what’s ahead.

  • 540+ of our clients have worked with us for at least a decade, averaging 20 years*
  • 160+ of our senior investment professionals have been with us for at least a decade, averaging 17 years
  • 96% average annual retention rate*

Our Guiding Principle

Commitment to long-term partnerships

While many things have changed over five decades, our guiding principle hasn’t. We strive to deliver investment outperformance and an exceptional client experience for every client, working diligently to ensure that we are doing our best to serve each client well and to earn their trust and satisfaction.


We believe that success is ultimately driven by a deep and trusting partnership between our clients and the team that serves them. That’s why we’re proud of the longstanding relationships we have built with both clients and colleagues.


*Not indicative of client satisfaction. Average annual rate for five years ending June 30, 2023.


View our leadership team

Innovation Through The Years

Growing our asset classes and investment strategies by decade

How can we help build the right portfolio for you?