Cambridge Associates Sells 20% of Firm to Client
In an interview with Institutional Investor, Cambridge Associates CEO David Druley shares his perspective on the significance of the firm’s minority transaction. Notably, he said, “We believe that the way we’ve structured ourselves from an ownership perspective is a real advantage, and allows us to invest a significant amount of value in talent… We’ve seen our competitors go out and try to jam two cultures together, or not think long-term about the business. And that’s just not a place we want to be.”
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