The Portfolio Behind Pearl: Funding a 100-Year Vision
What does it take to build something that lasts for generations?
In this episode of Cambridge Conversations, we explore how bold vision, patient capital, and a deep commitment to community helped transform San Antonio’s Pearl district from a shuttered brewery into a thriving destination.
Host Willis Wilson hands the mic to Unseen Upside host Hillary Ribaudo, who travels to San Antonio to speak with Bryant Ambelang, CEO of Silver Ventures (CA client); Shawn Hatter, President of Oxbow Development Group; and Mary Jo Palermo, Partner at Cambridge Associates.
Together, they unpack how a family’s commitment to place, culture, and community helped shape a “100-year business,” and what it takes to support that vision through market cycles, development challenges, and changing needs over time.
This podcast episode covers:
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- How Pearl evolved from a historic brewery into a thriving mixed-use destination
- Why patient capital and long-term thinking were critical to its success
- How liquidity, risk, and portfolio decisions helped support an ambitious vision
- What investors can learn from building for both community impact and lasting value
Explore photos taken during our visit to the Pearl:
Read the transcript here.
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Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. The firm aims to help pension plans, endowments & foundations, healthcare systems, and private clients achieve their investment goals and maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, staff extension and alternative asset class mandates. Contact us today.