Market Focus

Ceila Dallas

Chief Investment Strategist

As Chief Investment Strategist for Cambridge Associates and a Managing Director of the firm, Celia is responsible for formulating our global investment strategy and portfolio construction advice. Since joining Cambridge in 1996, Celia has contributed to a wide range of research initiatives, including serving as one of the main architects of our Risk Allocation Framework and an author of the related report. She is a regular contributor to our research publications, covering a wide range of capital market, asset allocation, and investment planning topics.
Before joining Cambridge Associates, Celia was a consultant for Harlan Brown & Co, a competitive intelligence consulting firm. In this position, she researched, wrote, and presented market analysis commissioned by Fortune 500 clients on a variety of consumer and industrial products. She also worked for the Employee Benefit Research Institute (EBRI), where she conducted research and wrote reports on retirement income security issues.Education and Professional Credentials

• MBA, Darden School of Business, University of Virginia
• BA, University of Pennsylvania

Wade O’Brien

Managing Director, Global Investment Research

Wade is a Managing Director in Global Investment Research at Cambridge Associates. As a member of our Capital Markets Research group, Wade covers developments in the global capital markets and serves as a resource for both the broader consulting staff and clients.Prior to joining Cambridge Associates, Wade worked in the London office of Deutsche Bank as Vice President of Global Capital Markets in the Financial Institutions Group where he was responsible for the marketing and execution of capital markets products for European Banks. He has also worked as an Associate at Hutchinson, Shockey, Erley & Co. and as a Legal Assistant at Arnold & Porter.

Education and Professional Credentials

• MBA, Yale School of Management
• BA in Economics, Washington University in St. Louis

James M. Bell

Managing Director, Head of Non-Profit Practice

Jim is a Managing Director and the Head of the Non-Profit Practice at Cambridge Associates, which serves 670 colleges, universities, foundations, healthcare institutions, and other non-profits around the world. Jim advises several non-profit institutions ranging in size from $35 million to over $2 billion.Jim spent more than ten years in asset management before rejoining Cambridge Associates in 2008. Starting as a healthcare analyst for Frontier Capital Management, Jim was later a Co-Founder and Portfolio Manager for a healthcare hedge fund at Lee Munder Capital Group. Prior to his investment management experience, Jim was a Management Consultant with Bain & Company. Before attending business school, Jim worked at Cambridge Associates for three years in consulting and research.

Education and Professional Credentials

• MBA, Harvard Business School, Harvard University
• BA in Political Economy, Williams College

Board Affiliations

• Investment Committee Member of the Friends of the Public Garden